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In a show of the country’s human capital prowess, Stanbic Bank Uganda, the country’s largest commercial lender, has exported several top banking executives to the rest of Africa in a space of less than five months. Stanbic Bank is a member of the Standard Bank Group—Africa’s largest lender by assets, and operates in twenty countries across the continent. In East Africa, Standard Bank trades as Stanbic and is present in Uganda, Kenya, Tanzania, DRC, and South Sudan. It is led by Ugandan investment banker Patrick Mweheire, who was elevated to Regional Chief Executive for East Africa following a successful term…
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The Standard Bank Group has appointed Ugandan accountant Doreen Rwakatungu Musiime as new Chief Audit Officer (CAO) replacing another countryman, Francis Karuhanga who has since become Chief Executive Stanbic Uganda Holdings Limited (SUHL). Until her elevation to Group CAO, Rwakatungu has been the Head of Internal Audit for Africa Regions within the Standard Bank Group. She is a Chartered Accountant and holds a Bachelor of Science in Electrical Engineering and an MBA. With over 20 years of experience in internal and external audit, mostly in the financial services industry, Rwakatungu joined the Standard Bank Group in 2016 as the Head…
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Francis Karuhanga, a Ugandan, has been named the new Chief Audit Officer at Standard Group. “It is with great excitement that we announce the appointment of Francis Karuhanga as our new Chief Audit Officer, effective from 15 April. Francis takes over from Mike White, who has upheld the highest professional standards during his tenure. With over 21 years of experience in the financial industry, Francis’ astute leadership will be central in taking the Internal Audit function to greater heights,” Standard Bank, which is the parent company for Stanbic Bank announced. Francis has grown through the ranks within the Group, starting…
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