Herman Kasekende, a Ugandan, currently, the Managing Director of Standard Chartered Bank Zambia is highly likely to join Centenary Bank as its next Executive Director, impeccable sources, knowledgeable about the matter have told CEO East Africa Magazine. According to reliable sources at Bank of Uganda and within Standard Chartered Bank, the veteran Banker, will however have to win the approval of Bank of Uganda, as required by the Financial Institutions Act. When CEO East Africa asked Fabian Kasi, the Managing Director Centenary Bank, about this development- he neither denied nor confirmed the development, but simply told us, “no approvals yet.”…
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