David Wandera Archives

David Wandera is the new boss at Absa Uganda

Who is David Wandera, the newly appointed Managing Director of Absa Bank Uganda?

Absa Bank Uganda has announced the appointment of David Wandera as its new Managing Director, effective 5 May, 2025, following regulatory approval from the Bank of Uganda. He succeeds Mumba Kalifungwa who

May 8, 2025

The Big Story

Banking on Impact and Being a Force for Good—The Absa Bank Uganda Story

While presenting Absa Bank Uganda’s 2024 performance, David Wandera, the Interim Managing Director, repeatedly emphasised that everything his bank does is driven by one purpose—”empowering Africa’s tomorrow together, one story at a

April 18, 2025

Company News

Interim Managing Director David Wandera (left) and Executive Director & CFO Michael Segwaya (right) during the presentation of Absa Bank Uganda’s 2024 financial results at the Kampala Sheraton Hotel. The two executives unveiled a strong 22% profit growth to UGX 178 billion and reaffirmed the bank’s commitment to sustainable value creation, sector-focused lending, and inclusive economic growth across Uganda.

Absa Bank Uganda Reports UGX178bn in Net Profit, Backed by Strong Double-Digit Growth Across Key Fundamentals

Absa Bank Uganda has announced robust financial performance for the year ended December 31, 2024, registering a 22% increase in net profit to UGX 178 billion, up from UGX 145.76 billion in

April 17, 2025

The Big Story

David Wandera, the newly appointed Interim Managing Director of Absa Bank Uganda Limited.

David Wandera appointed Interim Managing Director of Absa Bank Uganda

Absa Bank Uganda has today announced that David Wandera has been appointed Interim Managing Director. David brings over 20 years of experience in the banking sector, with a strong track record in

December 16, 2024

Business & Markets·Company News·News & Analysis·The Big Story

Q&A: Absa Bank’s David Wandera’s take on the financial markets in 2023 and 2024 and the 6th of February release of Absa’s #AFMIndex2023

Ahead of the event, David Wandera FCCA, the Absa Executive Director & Head of Financial Markets discusses the financial markets landscape in 2023 and why it is important for financial markets actors,

February 3, 2024

The Big Story

#AFMIndex2024 speakers, left-right; clockwise: Ramathan Ggoobi, the Permanent Secretary and Secretary to the Treasury (PSST); Dr. Michael Atingi-Ego, the Bank of Uganda Deputy Governor; Prof. Samuel Sejjaaka, Partner at Sejjaaka, Kaawaase & Company; Jeff Gable, the Head of Macro and Fixed Income Research and Chief Economist at Absa Group; Alan N. Lwetabe, (CFA, CAIA, CIPM), Director Investments, Deposit Protection Fund of Uganda; Dickson Ssembuya, the Ag. CEO and Director, Research & Market Development at Uganda's Capital Markets Authority; Dr. Sarah Ssewanyana, the Executive Director of the Economic Policy Research Centre and Patrick Ayota, the Managing Director of the National Social Security Fund (NSSF).

PSST Ggoobi and BoU’s Dr. Atingi-Ego to headline Absa’s #AFMIndex2023 and Economic Outlook Forum

Ramathan Ggoobi, the Permanent Secretary and Secretary to the Treasury (PSST) and Dr. Michael Atingi-Ego, the Bank of Uganda Deputy Governor are headlining this year’s Africa Financial Markets Index (AFMI) Report Presentation

February 3, 2024

Company News·News & Analysis·The Big Story

Patricia Nshemereirwe appointed Chief Operating Officer Absa Bank Uganda

Patricia Nshemereirwe has been appointed as Chief Operating Officer, Absa Bank Uganda Ltd. In a statement, the bank said Nshemereirwe is a seasoned financial services professional with 20 years of experience in

January 11, 2024

Banking & Financial Services

AIRTEL UGANDA IPO: Absa Bank puts its best investment banking foot forward. Meet the 4 key executives advising Airtel on its USD212 million deal

You never get a second chance to make a first impression, so it’s been said. Indeed, Absa Bank Uganda, a subsidiary of Absa Group, one of Africa’s largest financial institutions, has spared

September 26, 2023

Business & Markets·Company News·The Big Story

Dr. Michael Atingi-Ego, The Deputy Governor Bank of Uganda (left) and Mumba Kalifungwa, Managing Director, Absa Bank Uganda at the launch. Dr. Atingi-ego thanked Absa and Official Monetary and Financial Institutions Forum (OMFIF) for creating the Absa Financial Markets Index

Uganda ranked No.1 in East Africa and 5th on the African Continent in the 2021 Absa Africa Financial Markets Index.

Ugandan financial markets have been ranked in the top spot in East Africa and the fifth on the African continent, according to the just-released 2021 Absa Africa Financial Markets Index. A collaboration

March 11, 2022

Company News·News & Analysis·The Big Story

David Wandera, Absa Bank Uganda Executive Director and Head of Markets

Absa Bank Uganda trains journalists on financial markets

Absa Bank Uganda has hosted selected journalists to an in-depth analysis of the financial markets ahead of the unveiling of the 2021 Africa Financial Markets Index (AFMI) report on Tuesday 25th January

January 19, 2022

Company News·News & Analysis

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