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Andrew Ssekamwa, who was appointed Chief Commercial Officer (CCO) at Movit Products Limited in September 2024, has exited the role after just seven months, deepening concerns around executive turnover at the personal care giant. His departure is the latest in a series of high-level exits that have raised questions about talent retention, leadership alignment, and the company’s internal culture. According to inside sources familiar with the development, Ssekamwa’s exit was the result of “incompatibility with the role,” although the company has not issued an official statement on the matter. The source declined to elaborate on whether this was due to…
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Uganda’s personal care manufacturing major, Movit Products Limited, has appointed Steven Mwesigwa as its incoming Group Managing Director, effective January 2025, CEO East Africa Magazine can exclusively reveal. He has previously been the Chief Commercial Officer, since January 2024. Before that, he was between October 2022 and January 2024 the Group CFO. In the Group Managing Director role, he will oversee Movit Group’s operations at the Uganda home base, as well as Tanzania, Kenya, Rwanda, Burundi, DRC, South Sudan and Zambia. Between June 2015 and May 2019 he was CFO of the Uganda operation. He later took a two-year break…
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After 18 months as the Chief Financial Officer of Uganda Airlines, Andrew Ssekamwa has left the national carrier and joined Movit Products as a Chief Commercial Officer responsible for the Tanzania, Western DRC and Zambia markets. The transition happened effective 1st September 2024, according to an industry update from CFO East Africa. This will be his second stint at Movit having previously worked for the company as a business development manager and head of finance. Andrew has also worked in the banking sector in finance roles at Standard Chartered and as CFO of I&M Bank of Uganda. Asked about the…
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Andrew Ssekamwa, FCCA, formerly the CFO at I&M Bank Uganda, has been appointed the Chief Finance Officer for Uganda Airlines, the national carrier. His appointment took effect in March 2023. In his new role, the CFO will be responsible for all financial and fiscal management aspects of company operations as well as provide strategic leadership and coordination in the development and implementation of the airline’s 5-year business plan, financial management, accounting, budgeting, program, and system management efforts of the company. He, among other roles, is responsible for enhancing the cash position of the airline, developing the financial and operational strategy…
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On Thursday October 27, I&M Bank Chief Finance Officer (CFO) Andrew Ssekamwa, was named the Young CFO of the year at the sixth Edition of the annual Chief Finance Officer (CFO) awards that took place at Kampala Serena Hotel Organised by the Association of Chartered Certified Accountants (ACCA) Uganda and Deloitte Uganda, the awards aim at highlighting and celebrating some of the biggest industry shapers in the finance world who have done exceedingly well to shape a profitable and sustainable future for their organisations/companies. Held under the theme; Environmental, Social Corporate Governance ESG Reporting, Societal Impact and Environmental Transformation, the…
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The Association of Chartered Certified Accountants – ACCA in partnership with Deloitte Uganda have announced the winners of seven categories of Chief Finance Officers Awards. The 6th edition of CFO awards was held at Kampala Serena Hotel on Thursday evening. Charlotte Kukunda – Country manager – ACCA Uganda noted that CFOs have demonstrated that their role is critical for decision-making and business in general. “It develops people for leadership roles. 60% of our previous over roll winners have moved on to senior roles within the organizations or elsewhere,” she revealed. She noted that this is inspirational and enables the creation…
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