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TodayThursday, May 07, 2026

Corporate and Investment Banking

Sanjay Rughani faces his defining test as Standard Chartered Uganda exits retail banking: turning a leaner, corporate-focused strategy into sustainable profits, disciplined returns, and lasting relevance in a tougher market.
Sanjay Rughani faces his defining test as Standard Chartered Uganda exits retail banking: turning a leaner, corporate-focused strategy into sustainable profits, disciplined returns, and lasting relevance in a tougher market.

Sanjay Rughani and the Test of a Leaner Standard Chartered Bank

Last week’s signing between the Government of Uganda and Standard Chartered Bank offered a reminder of the institution’s enduring strength. The €641.1 million (UGX 2.75 trillion) financing package, covering power transmission, strategic
February 9, 2026
A photo montage of Absa’s David Wandera and Standard Chartered Bank’s Sanjay Rughani. Absa’s acquisition of Standard Chartered’s retail and wealth business reshapes Uganda’s banking sector, boosting deposits, expanding assets, and strengthening retail depth as regulators begin reviewing one of the industry’s most significant restructurings.
A photo montage of Absa’s David Wandera and Standard Chartered Bank’s Sanjay Rughani. Absa’s acquisition of Standard Chartered’s retail and wealth business reshapes Uganda’s banking sector, boosting deposits, expanding assets, and strengthening retail depth as regulators begin reviewing one of the industry’s most significant restructurings.

Absa–Standard Chartered Wealth and Retail Business Acquisition Deal Enters Regulatory Review as Sector Impact Becomes Clear

Less than a year after Standard Chartered announced its plan to exit its Wealth and Retail Business (WRB) segment, the long-anticipated transfer to Absa Uganda has entered a decisive phase. On 24
November 21, 2025
A photo montage of Paul Bitature Muganwa , the CIB Executive Head at Stanbic Bank Uganda, Mayur Madhvani, Joint Managing Director, Madhvani Group, Sikander Lalani, the founder and Chairman of Roofings Group.

Stanbic is driving Uganda’s growth by banking big dreams of local enterprises

The Corporate and Investment Banking (CIB) section of Stanbic Bank Uganda—a member of the Standard Bank Group, has launched a new campaign dubbed, “We believe in here” aimed at underscoring the lender’s
September 13, 2024

 

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