By Our Reporter
NC Bank Uganda, the Ugandan subsidiary of Nairobi Securities Exchange listed NIC Bank has announced the appointment of Sam Ntulume as its Managing Director. Ntulume, a Ugandan national has been the Executive Director of NC Bank since April 2012. He takes over from John Okulo, who leaves the bank to pursue other interests in Kenya.
Making the announcement in a statement seen by The CEO Magazine, NIC Bank Group Managing Director John Gachora said, “I am very delighted that the Board was able to identify Sam Ntulume from within the organization. We also thank John Okulo for his service in our Uganda operations.

