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    Annet Mulindwa Nakawunde

    Finance Trust Bank Managing Director Annet Mulindwa Nakawunde, Opportunity Bank Chief Executive Officer Owen Amanya, ABC Capital Chief Executive Officer Jesse Timbwa and Guaranty Trust Bank Managing Director Ali Fatima. The four executives have steered their institutions through the difficult transition from Tier I commercial banks to Tier II credit institutions amid Uganda’s tighter capital regime.

    A Leaner, Stronger Sector, But at a Price: The UGX150b Rule Behind Uganda’s Four Bank Downgrades and an Exit

    The CEO Magazine TeamThe Big StoryJanuary 29, 2026January 29, 2026

    When Bank of Uganda, on Thursday (January 29, 2026), announced that Finance Trust Bank had been authorised to transition from a Tier I commercial bank to a Tier II credit…

    DO OR DIE! Why Capital-Strapped Finance Trust Bank had to sell

    Muhereza KyamuteteraBanking & Financial ServicesNews & AnalysisThe Big StoryJanuary 19, 2024January 19, 2024

    Access Bank Plc (Access), one of Africa’s largest banking groups, is acquiring 80% of Uganda’s Finance Trust Bank, it has been confirmed. CEO East Africa Magazine first broke news of…

    The 111 women at the heart of Uganda’s banking industry

    Muhereza KyamuteteraExecutive ProfilesLists & RankingsThe Big StoryWomen In LeadershipJuly 7, 2023March 28, 2024

    The Uganda Bankers’ Association’s Chairperson, Citibank’s Sarah Arapta is female too- the first woman to. Some financial institutions such as Finance Trust Bank- have taken it further by having an…

    Uganda’s undercapitalised banks in a last-minute scramble to beat June 30th 2023 deadline

    Muhereza KyamuteteraBusiness & MarketsThe Big StoryJune 20, 2023June 20, 2023

    With only a few days left to the June 30th 2023 compliance deadline for banks that failed to raise UGX120 billion in both share capital and core capital by December…

    Finance Trust Bank unveils new corporate head offices as it marks 38 years of existence

    Muhereza KyamuteteraCompany NewsDecember 17, 2022December 17, 2022

    A ceremony highlighting the move was held on Friday, December 16—presided over by Dr. Tumubweinee Twinemanzi, the Executive Director of Supervision at the Bank of Uganda.  Ms. Annet Nakawunde, the…

    Finance Trust Bank in the spotlight for asking staff to refund salary earned during Covid-19 lockdown

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryJune 20, 2020June 20, 2020

    Finance Trust Bank, has asked its staff to refund a portion of their salaries received during the Covid-19 lockdown when government restrictions prevented them from getting to work. According to…

    OPINION: Widening access to affordable savings, credit and insurance, especially for the rural woman key to unlocking the full potential of women

    Muhereza KyamuteteraBanking & Financial ServicesThought LeadershipMarch 8, 2020March 8, 2020

    By Annet Nakawunde Mulindwa Women’s Day has been commemorated internationally since 1911. In Uganda, personalities coming out of the affirmative action movement have dominated the political space for women, with…

    PEOPLE, MONEY & POWER: Uganda’s 45 Most Powerful and Influential People in Banking, 2019

    Muhereza KyamuteteraThe Big StoryNovember 17, 2019January 15, 2023

    The total assets of Uganda’s financial services industry reached UGX.45.81 trillion, or 44.3 percent of Uganda’s GDP, as at end December 2018. The banking sector, dominated 69% of these assets,…

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