Damoni Kitabire Archives – CEO East Africa

Mumba Kalifungwa Takes Helm at Stanbic Bank Uganda

Muhereza KyamuteteraCompany News The Big StoryMarch 3, 2025March 3, 2025

Stanbic Bank Uganda, the country’s largest lender by assets, revenue, and deposits, has today, March 3, 2025, officially welcomed Mumba Kenneth Kalifungwa as its new Chief Executive. His appointment, first…

Stanbic Bank Appoints Sam Mwogeza, Barbara Dokoria as Interim Chief Executive and Executive Director—Respectively

Muhereza KyamuteteraCompany News The Big StoryMarch 28, 2024March 28, 2024

Stanbic Bank Uganda has, today announced the appointment of Samuel F. Mwogeza as its Interim Chief Executive, and Barbara Dokoria as Interim Executive Director effective April 1, 2024, until substantive appointments for the positions are made. In a public statement, the bank said that “the interim appointment of Mwogeza, who is currently the Executive Head of Personal and Private Banking (PPB) follows the end of Anne Juuko’s executive tour of duty at the end of this month and subsequent transition to another leadership role as Global Markets Regional Head for East Africa, effective April, 2024”. Dokoria’s interim appointment to the…

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Stanbic Uganda Holdings net profits hit UGX412 billion on the back of innovative lending

Muhereza KyamuteteraBusiness & Markets News & Analysis The Big StoryMarch 25, 2024March 25, 2024

Stanbic Uganda Holdings Limited (SUHL), a franchise of the Standard Bank Group—Africa’s largest commercial lender by assets, has announced a profit after tax of UGX412 billion for the period ending December 2023 representing a 15.2 per cent growth from UGX357 billion earned the previous year. Trading on the Uganda Securities Exchange as Stanbic Uganda Holdings Limited (SUHL), it runs five business units including Stanbic Bank—the anchor subsidiary, Stanbic Properties (in real estate), SBG Securities (in stock brokerage), Stanbic Business Incubator (SME training), as well as FlyHub (in technology solutions) collectively employing nearly 2000 people. SUHL Chief Executive Francis Karuhanga attributed…

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