Standard Bank Group has appointed Andrew Mashanda as the Head, Business and Commercial Banking (BCB), Africa Regions and Offshore, effective April 2025. In this role, Mashanda will lead the Group’s…
Uganda Breweries Limited (UBL) has named Catherine Twesigye as the new Head of Premium Spirits, marking a strategic move to bolster leadership in Uganda’s rapidly expanding premium and reserve spirits…
In a strategic move aimed at deepening its customer-centric agenda and accelerating its retail and SME banking growth, Absa Bank Uganda has appointed seasoned banker Moses Rutahigwa as the new…
ALP East Africa, the first fully integrated firm in East Africa, has announced key leadership appointments across its Uganda and East Africa offices, further strengthening its commitment to providing top-tier…
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…
East African Breweries Limited (EABL) has announced significant leadership changes, marking the return of two seasoned executives to pivotal roles within the company. Alvin Mbugua has been appointed as the General Manager of EABL Group’s Spirits Division effective September 2024. At the same time, Mark Mugisha Kivuna returns to Kenya Breweries Limited (KBL) as the Head of Marketing and Innovations. Alvin Mbugua: A Proven Leader in Beverage Management Alvin Mbugua is a seasoned General Manager with over 17 years of experience spanning the oil and gas, logistics, and Fast-Moving Consumer Goods (FMCG) sectors. He holds a Geospatial Engineering degree from…
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Uganda’s central bank, the Bank of Uganda (BoU), has appointed Collin Babirukamu as its new Executive Director of Information Technology. This move is set to bolster the central bank’s digital transformation efforts. His appointment, alongside Ann Margaret Kaggwa Kasule as Executive Director of legal Services, adds fresher perspectives to the central bank’s top leadership. Babirukamu, who has been serving as Director of E-Government Services at the National Information Technology Authority (NITA-U), will assume his new role at BoU after completing his notice period with his current employer. His selection follows a rigorous interview process conducted by the BoU Board…
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Uganda’s Finance Minister, Hon. Matia Kasaija, has reappointed Dickson Mushabe, the Founder and CEO of Hostalite, to the Makerere Innovation and Incubation Center (MIIC) board. This appointment recognizes Dickson’s outstanding contributions to fostering innovation and supporting entrepreneurs in Uganda. His reappointment underscores the confidence the government and his peers placed in him. In March 2023, MIIC was officially registered as a company limited by guarantee, with the Ministry of Finance and Makerere University as guarantors. The centre plays a pivotal role in nurturing innovation, supporting startups, and creating a thriving ecosystem for entrepreneurs in Uganda. In the official letter of…
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Equity Bank Uganda, a subsidiary of the Pan-African Equity Group Holdings Plc, has announced the appointment of Gift Shoko as its new Managing Director. This strategic decision, pending regulatory approval, marks a transformative phase for the bank as it aims to expand its footprint and enhance its service delivery across Uganda. With over 26 years of banking experience, Shoko brings a wealth of expertise in commercial, multi-regional banking and leadership. His career has been a tapestry of accomplishments across Southern and Eastern Africa, underscoring his prowess in steering growth and navigating complex financial landscapes. Holding a Bachelor of Business Studies…
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Stanbic Bank Uganda has confirmed that it has appointed Mumba Kenneth Kalifungwa as its Chief Executive and, by extension, a member of the Board of Directors, effective March 1, 2025. According to a media statement released by Stanbic this morning, Mumba’s appointment has already received the required regulatory approvals. Daily Monitor, Uganda’s leading independent daily, last week broke the news that Mumba, who is the current Absa Bank Uganda Managing Director, was due to be announced for the role. “Mumba brings to our team nearly 30 years of post-qualification experience, 20 of which have been in the banking sector, mostly…
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