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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Emma Mugisha, the current Executive Director and Head of Business Banking at Stanbic Bank Uganda has been picked by Nigeria’s pan-African Access Bank Plc, for a continental regional role, that we understand, includes overseeing Access Bank Plc’s integration of its recent acquisition on the continent. According to our sources, who decline to be named, “Emma Mugisha, has been recruited as part of the CEO pipeline at Access Group. She will undergo a 6 months robust induction process at the Group in Lagos after which she will be posted to one of the bank’s regions.” Access Bank Plc, recently announced that…
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The Uganda Bankers’ Association’s Chairperson, Citibank’s Sarah Arapta is female too- the first woman to. Some financial institutions such as Finance Trust Bank- have taken it further by having an all-female Board Chairperson, CEO and Executive Director while others like Stanbic Bank, Uganda’s largest Bank and have both CEO and Executive Director as female. You could argue this is still under-representation, which it actually is, given that there are more females than males in the population, but given where we have come from, this is good progress. Some of the largest banks such as Stanbic where 45% is female and…
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Over 2000 entrepreneurs that participated in various training modules in the Stanbic Accelerator Program, Enterprise Development Program, Micro Enterprise Development Program and Supplier Development Program, have graduated. The training, meant to equip the entrepreneurs with relevant business skills at the Stanbic Business Incubator Limited (SBIL), was held between January 2022 and April 2023. Speaking at the graduation ceremony held at hotel Africana, Stanbic Business Incubator’s Chief Executive Tony Otoa said, “Small and Medium enterprises (SMEs) are universally regarded as key engines of economic growth. Therefore, SBIL is closely supporting SMEs to access the financial services and skills they need to…
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Stanbic Bank Uganda has today, unveiled ‘a financial relief package’ in a campaign dubbed “Wumula ka Stress— (relieve your stress)” whose benefits include, up to a 75-days’ grace period before the start of an 84-month repayment period for customers who take new personal loans or top-ups, between January and April 2023. Stanbic is Uganda’s largest bank and Uganda’s largest lender. Unveiling the campaign today, at the bank’s head office, Emma Mugisha, the bank’s Executive Director and Head of Business Banking, said the 90-day campaign is designed for parents, schools, and suppliers, ahead of the start of the 2023 academic year….
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The business community in Kampala has welcomed a new product innovation by Stanbic Bank Uganda which allows schools to get full insurance cover against calamities such as fire and other natural disasters. The Stanbic School Comprehensive Insurance (SCI) is an insurance policy that protects school administrations from a range of risks including property damage by fires, accidental injuries to students and theft of their personal effects. Other risks covered by the SCI scheme include material damage to school property, burglary of school property, student accident cover, public liability insurance and optional Life/Educational Benefit. Speaking at the product unveiling today, Mike…
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Have you been wondering what a social media hashtag #OneStepCloser that has been gaining popularity in recent weeks, is about? #OneStepCloser is Stanbic Bank Uganda’s new brand campaign aimed at rallying Ugandans to pursue their dreams and rebuild their businesses after the pandemic. In a statement to the press, Daniel Ogong, Stanbic Bank Uganda’s Head of Marketing and Customer Experience says the brand campaign is aimed at cheering Ugandans to believe and not to give up on their dreams—with Stanbic Bank as their partner. “Every story should be placed in context and ours as a country is very clear—we have…
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Uganda’s economy will register progressively steady growth in the next 3 to 5 years as the country bounces back from more than two years of battling the Covid-19 pandemic which saw critical sectors such as schools close for long spells, crippling productivity and hurting incomes of millions of Ugandans. The bounce-back assurance was provided by respected economists including Bank of Uganda Deputy Governor Dr. Micheal Ating-Ego, and Secretary to the Treasury, Ramathan Ggoobi during the annual Stanbic Economic Outlook Forum held last Friday in Kampala. “Key service sectors like education and hospitality are going to pick up and drive economic…
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By Emma Mugisha, Executive Director, Stanbic Bank Uganda Limited Globally, 44% of companies have three or more women in their C-suite, up from 29% of companies in 2015. Why? More role models in public and private sector means creating belief in young women to aspire for leadership (Examples: Uganda’s women dominated cabinet, means the government is leading as a good example to the Private sector to create more space for women in boardrooms. Girl Child Education has registered success, this has created a pool of many young women from which to pick the next generation of women in leadership. Globalisation…
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Stanbic Bank, Kampala City Council Authority (KCCA), Coca-Cola Beverages Africa in Uganda and Nice House of Plastics have joined hands to form a collaborative partnership to promote responsible use and re-cycling of plastic waste and sustainable environmental protection. Formalizing the collaboration at a ceremony signing Memoranda of Understanding in Kampala yesterday, the three companies together with KCCA agreed to support various waste management initiatives in communities and help plastic waste collection centers increase their capacity to collect, safely dispose and recycle plastic waste. Studies estimate that in Uganda, an average of 1,500 tonnes of plastic waste are generated daily, with…
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