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Absa Bank has strengthened its Board of Directors with the appointment of two seasoned professionals—Hassan Saleh, Managing Director of MultiChoice Uganda, and Gloria Byamugisha, Group Chief Human Resource Officer at Dangote Cement. The two have been appointed as Non-Executive Directors, in a move set to strengthen the bank’s governance and drive its next phase of strategic growth and innovation. The new appointments, announced on Thursday, bring to the board a combined wealth of expertise in commercial leadership, digital transformation, and human capital development across regional and international markets. “We are pleased to welcome Hassan and Gloria to the Board of…
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As CGC commemorates its silver jubilee, it ushers in a new era of leadership—an extraordinary board whose collective experience and passion signal a bold step into the future. From global…
In accordance with Rule 36 of the Uganda Securities Exchange Listing Rules 2021, the Board of Directors (the “Board”) of Stanbic Uganda Holdings Limited (SUHL) has appointed Mr. Baker Magunda as an Independent Non-Executive Director and Chairman of the Board. His appointment takes effect from 2nd June 2023. He replaces, Japheth Katto who has retired. Mr. Magunda currently serves as the Chief Growth Officer at Dance Africa Corporation and until recently worked with Diageo PLC in various capacities such as CEO, Guinness Nigeria PLC; CEO, Diageo Ethiopia Hub, and Indian Ocean Markets; CEO, Guinness Cameroon SA and Managing Director of…
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Last week, East African Breweries Limited (EABL), the region’s leading branded alcohol beverage business and a subsidiary of Diageo, the global alcohol giant announced that it had appointed Felix Okoboi as an Independent Non-Executive Director. The appointment took effect on 30th May 2023. Although the announcement didn’t say, Felix is more or less, a replacement for Japheth Katto, who retired from the Board in February 2023, after 9 years of service. Felix joins Jimmy Mugerwa, another Ugandan Independent Non-Executive Director on the board. Uganda is the second biggest unit of EABL, contributing about 20% of the business, after Kenya which…
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To strengthen leadership and governance, New Vision Printing and Publishing Company Limited (Vision Group), Uganda’s largest multimedia company recently appointed two Board Directors and two members of the Board Audit and Risk Committee. The two board directors are Dr. Patricia K. Litho, an academician, researcher, and media practitioner as well as Dr. Edward Damulira Sengonzi, an accomplished accounting professional. The Board Audit and Risk Committee members are Mr. Paul Banadda Kiyingi, an accounting expert and Ms. Juanita Kakyubya Karamagi, a project management professional. The Patrick Ayota-led Board also has Sarah Irene Walusimbi, Robinah Kaitiritimba Kitungi, Peter Kawumi, Michael Nyago,…
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Twiga Foods’ Susan Kiama, Ernst & Young Global Consulting Services’ Celestine Munda and David Luke of LSE Firoz Lalji Institute for Africa are new members of the board at TradeMark East Africa. In a statement, TradeMark East Africa says: “We are excited to announce that Celestine Munda, Government and Infrastructure lead Ernst & Young Global Consulting Services; David Luke, Strategic Director LSE Firoz Lalji Institute for Africa, and Susan Kiama, Chief Officer People Operations at Twiga Foods have been appointed as board members to TradeMark East Africa. Their term began October 1.” The trio joins Erastus Mwencha (Chairman), Patrick Obath (Vice Chairman), Emiliana Busara (member), Maggie Kigozi…
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Uganda’s Japheth Katto and Jimmy Mugerwa have been re-elected to the Board of East African Breweries Limited – EABL, a Kenyan-based holding company that manufactures branded beer, spirits, and non-alcoholic beverages. Jimmy maintains his position as the Director of the company whereas Katto continues as a member of the committee. This, according to Kathryne Maundu, the Company Secretary was passed at the annual general meeting for the year 2022 held on Thursday, 15th September. “It was proposed by James Patrick Okado, seconded by Peter Kanja Mwaniki and resolved by majority vote, that Jimmy Mugerwa be and is hereby re-elected as…
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Nation Media Group (NMG) has appointed Susan Nsibirwa, Harriet Nabakooza Musoke and Dr. Emilly Comfort Maractho as Non-Executive Directors of Monitor Publications Limited effective1st April, 2022. In a statement, NMG says: “We are pleased to announce the appointment of Ms. Susan Nsibirwa, Mrs. Harriet Nabakooza Musoke and Dr. Emilly Comfort Maractho as Non-Executive Directors of Monitor Publications Limited effective 1st April, 2022. Collectively, they bring a wealth of knowledge and experience to the Board.” Here is a closer look at the three distinguished women leaders. Susan Nsibirwa Nsibirwa is an outstanding marketing communications professional and the Managing Partner of Urge…
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Absa Bank Uganda has announced four new appointments to the Bank’s Board of Directors. The new appointees are Non-Executive Directors Alex Rugamba, Sophie Nkuutu, and Phillip Aliker as well as Executive Director David Wandera, who collectively bring together over 85 years of experience in the transport and energy, accounting, international trade law and financial services sectors, respectively. Speaking to the appointments, Nadine Byarugaba, Board Chairperson, Absa Bank Uganda Limited said, “The COVID-19 pandemic has highlighted the need for businesses to adapt their strategies to the realities of the times. Coming with a wealth of experience from across various sectors, the…
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