Claver Serumaga Archives – CEO East Africa

CEO-Ready: Uganda’s Rising Business Leaders to Watch in the Next 5 Years

Editorial, CEO East AfricaThe Big StoryAugust 22, 2025October 6, 2025

Uganda no longer lacks CEO-ready talent; it is overflowing with it. From the commanding floors of leading banks and insurance firms, to the boardrooms of fast-moving consumer goods companies, oil and gas multinationals, telecom giants, regulators, and investment firms, there is a new generation of Ugandan professionals. They are strategically placed, thoroughly equipped, and quietly making their way to the corner office. These are individuals already entrusted with large budgets, wide teams, and critical mandates. Some are executive directors, overseeing operations, strategy, risk, and people in top-tier institutions. Others are chief financial officers, managing billions in assets, liquidity, and compliance…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

Claver Serumaga Gets Bank of Uganda Nod for ED Role at Equity Bank Uganda

CEO East Africa MagazineCompany NewsJune 14, 2025June 14, 2025

The Bank of Uganda has officially cleared the appointment of Claver Serumaga as Executive Director, Commercial Banking at Equity Bank Uganda, marking a critical step in the bank’s ongoing leadership…

Equity Bank Uganda Taps NCBA’s Claver Serumaga and Stanchart’s Catherine Psomgen to Reignite Growth

CEO East Africa MagazineThe Big StoryMay 19, 2025January 20, 2026

After a turbulent 2023 marked by a rare financial loss and significant executive turnover and a cautious 2024, Equity Bank Uganda is reinforcing its leadership bench with the appointment of…

Claver Serumaga Continues Turnaround of NCBA Tanzania; Net Profit Grows 26% to TZS 25.5 bn

Muhereza KyamuteteraThe Big StoryApril 15, 2025April 16, 2025

In 2024, NCBA Bank Tanzania posted its highest-ever net profit, closing the year with TZS 25.5 billion in after-tax earnings, a 26% increase from the previous year. The bank’s profit…

Q3 2023 Performance: Claver Serumaga, leads turnaround of NCBA Tanzania

Muhereza KyamuteteraBusiness & Markets C-Suite Leadership The Big StoryNovember 5, 2023November 5, 2023

NCBA Tanzania, the banking subsidiary of NCBA Group, has released its third-quarter financial report for 2023, showing remarkable growth in a series of bank fundamentals. In results released this week, the bank reported that in the 3 months from June 2023, operating income grew by 145% from a loss of TZS8.4 billion in Q2 2023 to a positive of TZS3.8 billion in September 2023. After-tax Income also improved by 152.4% from a loss of TZS9.6 billion to a profit of TZS5 billion. This was fuelled by a 16.3% growth in net lending, from TZS237.1 billion to TZS275.7 billion. And a…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

The rise of the Ugandan CEO – why more Ugandans are being trusted to run blue chip companies at home and abroad

Muhereza KyamuteteraBusiness & Markets C-Suite Leadership News & Analysis The Big Story The Uganda 300 IndexFebruary 2, 2023February 2, 2023

The year 2022 was a great year for the Ugandan Executive. More than 10 Ugandans rose to become Chief Executives of some of Uganda’s largest and most influential companies, as well as at the multinational level. Anthony Kituuka, who was in November 2022 appointed by Equity Bank Uganda Managing Director job, was in December 2022 approved by the Bank of Uganda to take on the job. A little before that, Mark Muyobo was also given the green light by the Central Bank to take on Managing Director/CEO job at NCBA Bank Uganda. In January 2022, Richard Yego was tapped…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

Subtotal	UShs0
Shipping	UShs0
Tax	UShs0
Total	UShs0