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TodaySaturday, May 09, 2026

CEO East Africa Magazine- Page 51

CEOs of Uganda’s Most Hardworking Banks – Clockwise from the top: Finance Trust Bank’s Annet Nakawunde Mulindwa; Centenary Bank’s Fabian Kasi; KCB Bank Uganda’s Edgar Byamah; PostBank Uganda’s Julius Kakeeto; Cairo International Bank’s Sylvia Jagwe Owachi (Ag. Managing Director); Housing Finance Bank’s Michael Mugabi; Bank of Baroda Uganda’s Shashi Dhar (Managing Director & CEO); Stanbic Bank Uganda’s Mumba Kalifungwa; and Absa Bank Uganda’s David Wandera. These leaders are steering Uganda’s most dynamic banks, putting deposits to work for the real economy.

Financing The Real Economy: Who Are Uganda’s 10 Most ‘Hardworking’ Banks?

Against a backdrop of slowing credit appetite and shifting investment strategies, Uganda’s commercial banking sector recorded UGX 35.24 trillion in customer deposits in 2024, up from UGX 33.60 trillion in 2023—a growth
May 24, 2025
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Andrew Ssekamwa, one of Uganda’s most decorated young finance executives, exited Movit Products after just seven months as Chief Commercial Officer—adding to a growing list of high-profile departures at the personal care giant.

Andrew Ssekamwa Exits Movit After Just Seven Months Amid Talk of Role Incompatibility 

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
May 19, 2025
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Left to right: Ian Mutibwa and Racheal Kembabazi — the newest additions to SM & Co. Advocates. Their arrival from Signum Advocates marks a strategic talent acquisition that strengthens the firm’s tax, finance, and corporate law practices while signalling a bold new chapter in SM & Co.’s 38-year legacy.

SM & Co. Advocates (Formerly Shonubi, Musoke & Co) Stages Coup de Firm on Signum Advocates

In a bold and strategic move that signals its ambitions for the next era of legal excellence, SM & Co. Advocates(formerly Shonubi, Musoke & Co.) has announced the onboarding of what it
May 14, 2025
The partners of SM & Co. Advocates — seated (left to right): Alan Shonubi, Brigitte Kusiima, Noah Edwin Mwesigwa; standing (left to right): Nicholas Mwasame, Innocent Kihika, Alex Kabayo, Ian Mutibwa, Andrew Kibaya — mark a defining moment in the firm’s evolution. As they steer the transition from Shonubi, Musoke & Co., they honour a 38-year legacy while embracing a bold, future-focused vision for legal practice in Uganda.

From Shonubi, Musoke & Co. Advocates to SM & Co.: Honouring a 38-Year Legacy, Reimagining the Future of Legal Practice in Uganda

What inspired the decision to rebrand from Shonubi, Musoke & Co.Advocates to SM & Co. Advocates? The firm was founded 38 years ago by two then youthful and vibrant lawyers, Alan Shonubi
May 14, 2025
Dr. Robin Kibuka, author of Building Legacy, Not Inheritance, shares a powerful message on leadership that transcends material wealth. His book delves into the importance of leaving a lasting impact through service, community, and meaningful contributions to society. #Legacy #Leadership #CommunityService".

Dr. Robin Kibuka: Building a Legacy Through Service, Leadership, and Lifelong Learning

To begin, could you share your backstory for perspective? For those meeting you for the first time, how would you introduce yourself beyond your professional title as Dr. Robin Kibuka? I’m Ugandan,
May 12, 2025
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The Ruparelia family—Dr. Sudhir, Jyotsna, Meera, Sheena and Naiya (rajiv's wife)—deliver heartfelt eulogies for Rajiv Ruparelia during his final sendoff. Through tears and treasured memories, they honoured a son, brother, husband, and father whose short life left a lasting legacy of love and impact.

President Museveni, Dr & Mrs Sudhir Ruparelia Lead Nation in Mourning Rajiv Ruparelia

The nation is in mourning following the untimely death of Rajiv Ruparelia, the 35-year-old son of business magnate Dr. Sudhir Ruparelia and a prominent entrepreneur in his own right. Rajiv passed away
May 7, 2025
With nearly two decades of experience in transforming retail and wealth banking across Africa, Moses Rutahigwa returns to Absa Uganda to lead its Retail and Business Banking division.

Absa Bank Uganda Appoints Standard Chartered Bank’s Moses Rutahigwa as Retail and Business Banking Director 

In a strategic move aimed at deepening its customer-centric agenda and accelerating its retail and SME banking growth, Absa Bank Uganda has appointed seasoned banker Moses Rutahigwa as the new Retail and
April 1, 2025
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