Absa Group has tapped Mumba Kenneth Kalifungwa the former Executive Director, Finance at Absa Botswana, as its Managing Director, for Uganda, CEO East Africa has learnt. Mumba, replaces Mr. Nazim Mahmood who has been heading the bank since June 2019. According to our sources- Nazim leaves the country this month. CEO East Africa understands that Nazim was here on a short contract to manage the rebranding process as Absa searched for a substantive replacement for Rakesh Jha whose contract ended mid-2019. Several sources we talked to at Absa declined to comment. We reached out to Mumba on his LinkedIn inbox,…
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