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Kate K. Kiiza has built a remarkable career in Uganda’s financial sector, driven by resilience, vision, and purpose. With over 18 years in finance, she has played a key role…
In the dynamic world of corporate finance, the Chief Finance Officer (CFO) role undergoes a significant transformation. No longer confined to back-office number crunching, today’s CFOs act as strategic partners, innovation drivers, and key contributors to organisational success. Few embody this shift better than Peter Ssenyange, the Chief Finance Officer of PostBank Uganda. In an exclusive interview with CEO East Africa Magazine’s Muhereza Kyamutetera, Ssenyange shares his journey, challenges, and vision for the future of the finance profession.“The baseline role of the CFO does not change,” Ssenyange begins. “We still say no to many things to ensure the organisation’s survival,…
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The evolving role of the CFO to Chief Value Officer has taken centre stage in recent years with organisations and CFOs themselves demanding to take more and curving out more action in the running and transforming of their organisations. Alongside that conversation has been the rise as well as, of the need for CFOs with an entrepreneurial mindset⏤ a way of thinking that emphasizes innovation, creativity and taking calculated risks⏤ instead of the traditional mindset that is more preoccupied with financial management and risk mitigation. Entrepreneurial CFOs are willing to challenge the status quo, and are open to continuous learning…
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Serving as Chief Finance Officer is the dream for most finance professionals; could you please share with us your journey to becoming Chief Finance and Value Management Officer (CFVO) at the country’s largest lender, Stanbic Bank? It has been a typical banker’s career journey. I started in 2002, as a teller, with the then, Barclays Uganda (now Absa Bank Uganda). Through the years, I have been intentional about self-improvement, growing both technical finance and soft skills such as communication, interpersonal relations, and many others. I first joined the finance department in 2006 as a financial reporting officer—this role was the…
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Indeed, traditional ways of working are fast fading and being replaced by new technological advancements backed up by Artificial Intelligence. The question as to whether Accountants and Finance professionals will still remain relevant in these times still lingers on. In my LinkedIn article “The changing role of the Accountant” (November 2019), https://www.linkedin.com/pulse/changing-role-accountant-josephine-magoba-makuyi-fcca-cpa-u- I highlighted the trend of the Accountant’s role drifting away from the traditional (back-kitchen methods) to a more pro-active role in the organisation’s core functionality. This definitely calls for being more adaptable, and agile and embracing technology to deliver over and beyond the standard; more efficiently and effectively….
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Due to the ever-changing working environment, Financial Officers have been tasked to focus on value addition rather than only focusing on numbers within the organisations they serve to fit into the future Chief Value Officer role. To better understand this, CEO East Africa Magazine’s Nelson Mandela sits down with Deloitte Uganda Country Managing Partner, Mr. Norbert Kagoro in a ten-questionnaire interview. To begin with, who is a Chief Financial Officer? A CFO is ordinarily a head of finance. The CFO does quite several things but is responsible for analysing how well an organisation is meeting its financial obligations. Recently, we…
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