Samuel Fredrick Mwogeza, hitherto the VisionFund International Global Chief Finance Officer is set to bounce back at Stanbic Bank Uganda, in a yet-to-be-confirmed role, CEO East Africa Magazine can exclusively reveal.
According to highly-placed sources, Samuel has already resigned from his position at VisionFund International and is set to join Stanbic Bank this February.
VisionFund International is a global multinational, present in 28 countries, including Uganda, and works to improve the lives of children in the developing world by offering Microfinance and other financial services to families. It is a wholly-owned subsidiary of World Vision, a global Christian humanitarian organisation helping children, families, and their communities overcome poverty and injustice.
“The bank called him back. He is likely to bounce back in the same role he had but with expanded responsibilities,” a highly placed source within the industry told this reporter.
Samuel resigned from his Executive Head for Consumer & Affluent Banking position at Stanbic in August 2022 to take up the VisionFund International CFO role in London.
The source however did not intimate details on why he has to return so soon.
CEO East Africa contacted him for a comment but he had not returned the call and or responded to our messages by press time.
Uganda to host WFP Global Fleet Hub, establish unique humanitarian platesMwogeza possesses nearly 20 years in senior roles in the Ugandan commercial banking industry- 12 of them at Stanbic Bank, Uganda’s largest bank by deposits, lending, income, and assets, and as such the most profitable.
Between June 2003 and September 2007, he worked at Citibank Uganda as the Head of Business Services and Operations and then moved to Barclays Bank Uganda (now Absa Bank Uganda) in April 2008 as Head, Commercial MI & Analytics till April 2010.
In May 2010 he crossed over to Stanbic Bank Uganda as the Finance Manager, Corporate & Investment Banking and after 2 years, he grew to become a Financial Controller for nearly four years.
Between 2014 to August 2015, he was seconded by Group to work in Tanzania and the Democratic Republic of Congo.
In November 2015, he was appointed the Chief Finance Officer of the bank until March 2021, when he crossed over from Finance, to become the head of the Consumer and Affluent Banking segment of the Bank.
The Makerere University and Edinburgh Business School trained banker and finance professional in 2018 won the CFO of the Year Award, organised by ACCA Uganda and Deloitte in recognition of his role in leading the bank’s transformation review. In September 2019, he was recognised as the CPA of the Year at the 2019 Accountancy Service Awards (ASA) by the Institute of Certified Public Accountants of Uganda (ICPAU).
