Q&A: Sector specialisation, customer relationships, digitalisation and a data-driven performance culture⏤ dfcu’s Charles Mudiwa spells out his strategy  dfcu Limited, the holding company for dfcu Bank, has just released its H1 2023 results, declaring that profit after tax for the 6 months to June 30 2023 rose 56% to UGX29.3 billion from UGX18.1 billion. This was driven by a 10% rise in the number of customers and 8% in transaction volumes, the bank said, as well as aggressive loan recoveries, leading to a 6% rise in net income from UGX187.4 billion to UGX198.6 billion. Customer deposits rose mildly, by 2% from UGX2.44 trillion to UGX2.49 trillion. However, lending fell by 16.4% from UGX1.4 trillion to UGX1.17 trillion and as a result, assets grew minimally, by just 0.6% from UGX3.29 trillion to UGX3.31 trillion. Earnings per share went up 56% from UGX25.1 to UGX39.2. The company also said it paid UGX55.6 billion tax and had committed UGX1.3 billion in Corporate social investments. In this interview accompanying the published results, Charles Mudiwa, the bank’s new CEO who joined this April 2023 (dfcu Bank is dfcu Limited’s anchor subsidiary), contextualises the H1 2023 as well as paints a picture of his strategy, going forward.