Banking Transformation

Dr. Patricia Ojangole, Managing Director of Uganda Development Bank, whose decade of leadership has transformed UDB into a catalyst for inclusive, sustainable development across Uganda.

Women Fixing Uganda: How Patricia Ojangole Transformed UDB into a 10x Engine for Inclusive Growth

When Dr. Patricia Ojangole took the helm of Uganda Development Bank (UDB) in December 2012, the Bank was managing just UGX 173 billion in assets, with a modest lending portfolio and minimal
Matia Kasaija (2nd R), Minister of Finance, Planning, and Economic Development, Evelyn Anite (2nd L), State Minister of Finance for Investment and Privatization, Andrew Otengo Owiny (R), PostBank Uganda Board Chairman, and Julius Kakeeto (L), PostBank Uganda Managing Director during the bank’s 2024 Annual General Meeting (AGM) today 5th June 2025 at the Ministry of Finance, Planning and Economic Development (MoFPED) offices in Kampala, where its performance was commended by the shareholder, highlighting the bank’s solid performance and being among the most profitable Government entities after posting Ushs. 35.4 billion Profit After Tax (PAT) in 2024 Financials.

From PostBank to Pearl Bank: Uganda’s Boldest Banking Transformation Shines On

Numbers Don’t Lie. In 2024, PostBank Uganda posted a record UGX 35.4 billion in net profit—up 28.7% from UGX 27.5 billion in 2023. Customer deposits surged 25.4% from UGX 789.8 billion to
June 6, 2025

 

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