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There are years when an industry grows quietly, and then there are years when it changes character. For Uganda’s insurance industry, 2025 was unmistakably a change of character. Viewed from the numbers side, it was a strong year. By mid-year, insurers had written UGX 1.02 trillion in gross premiums, an 8.78% increase from the same period in 2024. Claims paid reached UGX 443 billion, meaning nearly half of all premiums collected were already being returned to policyholders. For Ibrahim Kaddunabbi Lubega, Chief Executive Officer of the Insurance Regulatory Authority (IRA), that balance mattered more than topline growth. “Premium growth without…
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The I&M Select Banking Sapphire Club, by I&M Bank Uganda, was named the ‘Best Innovation of the Year’ at the fifth Uganda Marketing Excellence Awards (UMEAS), held on Thursday evening at Kampala Serena Hotel. The award was received by the bank’s Head of Marketing and Corporate Communications-Annette Nakiyaga, and members of the marketing team. Launched in October, the I&M Select Banking Sapphire Club offers respective members an exclusive private banking experience, curated for individuals whose financial sophistication, lifestyle, and aspirations transcend the ordinary. Membership offers an exclusive world of privilege and opportunity- think access to private banking suites at Kingdom…
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FINCA Uganda CFO Robinah Siima won the Young CFO Award at the 9th edition of the Chief Financial Officer Awards 2025– an initiative of ACCA Uganda and Deloitte Uganda. Siima carries the kind of presence that makes you lean in. As a CFO, she brings a descriptive blend of discipline and modern financial thinking. In this wide-ranging conversation with Paul Murungi, Siima reflects on what it takes to achieve remarkable success early in a career. She shares the personal philosophy of consistency that shaped her into a strategic leader and explains why empathy and clarity are now non-negotiable qualities for…
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How Stanbic Bank CFO Ronald Makata Blends Governance, Technology and Human Leadership to Drive Performance Fresh from a standout performance at the 9th edition of the Chief Financial Officer Awards 2025– an initiative of ACCA Uganda and Deloitte Uganda. Ronald Makata, the Chief Financial Officer of Stanbic Bank Uganda, recently earned recognition that reflects his growing influence in the financial services industry. He was recognised as a triple honouree, winning the Compliance and Governance Award, the Finance Transformation and Technology Award, and earning the position of First Runner-Up for CFO of the Year. In a wide-ranging conversation with CEO East…
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Absa Bank Uganda has reintroduced its custody services in a move that underscores the bank’s commitment to deepening Uganda’s capital markets. The development provides institutional investors with secure, efficient, and compliant solutions to safeguard their assets while enabling seamless investment operations. A Strategic Milestone for Uganda’s Markets Speaking at the launch, David Wandera, Managing Director of Absa Bank Uganda, described the development as a significant milestone for the bank and the country’s financial system. “Today marks an important milestone for Absa Bank Uganda as we reintroduce our custody services. With Uganda’s capital markets growing and institutional investors seeking secure, efficient,…
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Old Mutual Investment Group has unveiled a strengthened governance bench with two strategic appointments: veteran financial services executive Richard Patrick Byarugaba as Board Chairman, and seasoned corporate leader Charles Ernest…
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