While announcing Mumba Kalifungwa’s appointment as Absa Bank Uganda’s Managing Director, on March 23rh 2020, Nadine Byarugaba, the Board Chairman said the bank had all faith in the new Managing Director’s ability to lead the bank to new horizons. “We have no doubt that Mumba’s experience across several African markets, deep knowledge of the bank, as well as his demonstrated strategic and operational vision will be invaluable as Absa firms its position on the continent,” she said. Even though this was the first time Mumba was taking on a CEO role, Saviour Chibiya, the then Regional MD for Absa Regional…
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