Emma Mugisha, the current Executive Director and Head of Business Banking at Stanbic Bank Uganda has been picked by Nigeria’s pan-African Access Bank Plc, for a continental regional role, that we understand, includes overseeing Access Bank Plc’s integration of its recent acquisition on the continent.
According to our sources, who decline to be named, “Emma Mugisha, has been recruited as part of the CEO pipeline at Access Group. She will undergo a 6 months robust induction process at the Group in Lagos after which she will be posted to one of the bank’s regions.”
Access Bank Plc, recently announced that it was acquiring 80% of Uganda’s Finance Trust Bank and in July 2023, Standard Chartered and Access Bank Plc entered into agreements for the sale of the former’s shareholding in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone, as well as its Consumer, Private & Business Banking (CPBB) business in Tanzania.
Commenting about the two moves, Roosevelt Ogbonna, Group Managing Director, Access Bank Plc said, they were in line with Access Bank’s pan-continental 5-year growth and expansion plan, which seeks to turn the Nigerian lender into “the World’s Most Respected African Bank in 5 years”.
Emma Mugisha is an all-round banker with roots in microfinance and an even deeper experience in treasury management and corporate and investment banking.
Her key skills include people management, strategy formulation and implementation, fund management, forex and liquidity risk management, customer propositions and solutions, customer relationship management, sales and performance management, transactional products development and bringing them to market.
Including her most immediate past role, she has over the last ten and a half years played several other roles at Stanbic, including Executive Director and Head of Client Solutions and before that, Executive Director & Head of Corporate & Investment Banking as well as Head, Transactional Products and Services.
She started her financial services career at Faulu Uganda in 1996 as a Loan Officer, then joined Citibank Uganda in August 2001 as a Treasury Marketing Unit Head until November 2004.
She then joined Barclays Bank Uganda ( now Absa Bank Uganda) as a Country Treasurer for close to 7 years till May 2011 when she took on the Business Banking Head position for 6 months.
She then moved to Nairobi, Kenya for 2 years as the Industry Head, Trade and Services at Barclays Bank Kenya (now Absa Bank Kenya) from whence she returned to Uganda to take on the Head of Transactional Products and Services role at Stanbic Bank Uganda.
She holds an MBA from the Rotterdam School of Management, Erasmus University and a Bachelor of Arts, Social Sciences, from Makerere University, amongst other qualifications.
We reached out to Emma Mugisha for a comment, but she didn’t pick our calls nor, respond to our messages by the time of publishing.
Recently, Standard Bank, Regional CEO for East Africa, Patrick Mweheire, said Stanbic Bank’s Chief Executive, Anne Juuko is on her way out of the bank and is destined for a yet to be named role within the Group.
Standard Bank is the majority shareholder of the publicly listen Stanbic Bank.
Patricia Nshemereirwe, previously Stanbic’s Head, of Integrated Channels/Client Coverage, recently joined Absa Bank Uganda as the Chief Operating Officer.