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DTB

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
The Bank of Uganda report is a mixture of caution due to rising incidents of cyber fraud and a celebration of continued growth and resilience.
The Bank of Uganda report is a mixture of caution due to rising incidents of cyber fraud and a celebration of continued growth and resilience.

Digital Credit Doubles, But So Do Cyber Risks: Uganda’s Banking Paradox

As Uganda’s economy gains momentum in its post-pandemic rebound, a quiet contradiction is taking shape in the financial sector. On the surface, there’s cause for celebration. Mobile money volumes are hitting new
July 9, 2025
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His Highness Aga Khan who has passed on today has left an indelible mark on East Africa.

Billionaire Aga Khan’s lasting business legacy and influence on East African economies 

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February 5, 2025
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Varghese Thambi (right) chats with Godfrey Sebaana, the incoming CEO at the former's 21st May 2024 farewell dinner. Thambi leaves DTBU after 17 years and 40-fold growth in the bank's assets.

How I grew Diamond Trust Bank Uganda by 40 times in 17 years⏤ Varghese Thambi’s Untold Story

It all started with a call from a recruitment agency executive. At the time, Thambi had spent 30 years in the banking industry, rising to become a Senior Vice President and Head
May 24, 2024
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Left-Right: Azim H. A. Kassam, the Chairman, Board Of Directors; Godfrey Sebaana, the new Managing Director/CEO and Varghese Thambi, the outgoing Managing Director/CEO

DTB Uganda rides on strong growth in lending to post UGX41 bn in net profit

Diamond Trust Bank Uganda has today released its annual performance results for 2023 reporting a steady double-digit growth across all major metrics such as deposits, customer lending and income, as well as
April 29, 2024
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Godfrey Sebaana is a seasoned Banker with over 20 years of multi-discipline banking experience that spans global and local corporates, SMEs and retail banking 3

Diamond Trust Bank Uganda names Godfrey Sebaana as its new CEO and Managing Director

The Board of Directors of Diamond Trust Bank Uganda Limited (DTBU) has named Godfrey Sebaana, a seasoned banker with over twenty years of experience, as its new Chief Executive Officer and Managing
March 25, 2024
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