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For anyone who grew up in Uganda in the 1980s and 1990s, it is impossible not to marvel at Caleb Rwakatungu Snr’s ability to extract so much from so little. This was a time when school fees were precarious, social safety nets were thin, and a single disruption could derail an entire household’s future. To raise eight children under those conditions — and to send them to some of the country’s best schools — bordered on the improbable. In many ways, Mr. Rwakatungu Snr resembles the biblical servant in the Parable of the Talents — entrusted with little, yet multiplying…
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How Stanbic Bank CFO Ronald Makata Blends Governance, Technology and Human Leadership to Drive Performance Fresh from a standout performance at the 9th edition of the Chief Financial Officer Awards 2025– an initiative of ACCA Uganda and Deloitte Uganda. Ronald Makata, the Chief Financial Officer of Stanbic Bank Uganda, recently earned recognition that reflects his growing influence in the financial services industry. He was recognised as a triple honouree, winning the Compliance and Governance Award, the Finance Transformation and Technology Award, and earning the position of First Runner-Up for CFO of the Year. In a wide-ranging conversation with CEO East…
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Anne Juuko, previously the Regional Head, East Africa for Global Markets at Standard Bank Group, has resigned her role effective 30th November 2025, CEO East Africa Magazine can exclusively reveal. Her departure — now confirmed through highly placed internal sources and a confidential communication seen by this publication — brings to a close a 13-year career at Africa’s largest banking group, during which she rose to become one of the most influential financial sector leaders in the region. According to the internal memo, Juuko’s exit marks the end of a distinguished leadership journey that began in 2012 and saw her rise through…
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At the recently concluded Annual Bankers Conference, some of Uganda’s most influential banking leaders stepped away from the boardroom and into the spotlight. Representing institutions that collectively control a significant share of the industry’s deposits, loans, and profits, these CEOs shape the pulse of Uganda’s financial system and, by extension, much of the country’s economic direction. Among them were Julius Kakeeto of PostBank and Chairman of the Uganda Bankers’ Association; Mumba Kalifungwaof Stanbic Bank Uganda; Sanjay Rughani of Standard Chartered; Fabian Kasi of Centenary Bank; Godfrey Sebaana of Diamond Trust Bank Uganda; and Robin Bairstow of I&M Bank Uganda. Together,…
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