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    Gift Shoko

    Why April–June is Known as the Transfer Window in Uganda’s Banking Industry

    Muhereza KyamuteteraThe Big StoryMarch 22, 2026March 22, 2026

    Every year, almost like clockwork, a quiet but consequential shift begins to take shape across the banking sector. It is neither announced nor formally recognized, yet it is deeply understood…

    From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Chairman, Prof Isaac Macharia, Group Managing Director and CEO, Dr James Mwangi, and Equity Bank Uganda Managing Director, Gift Shoko, during the 2025 Investor Briefing event.

    Equity Group Posts Record 55% Surge in Profit to KSh75.5b: Uganda Bounces Back With 500% Growth in Net Profit – A Defining First Year for MD Gift Shoko

    Muhereza KyamuteteraThe Big StoryMarch 18, 2026March 18, 2026

    Equity Group Holdings has delivered one of the most remarkable financial performances in East Africa’s banking history, posting a 55% surge in profit after tax to KSh75.5 billion in FY2025,…

    Claver Serumaga Gets Bank of Uganda Nod for ED Role at Equity Bank Uganda 

    CEO East Africa MagazineCompany NewsJune 14, 2025June 14, 2025

    The Bank of Uganda has officially cleared the appointment of Claver Serumaga as Executive Director, Commercial Banking at Equity Bank Uganda, marking a critical step in the bank’s ongoing leadership…

    Equity Bank Uganda Staff on Tenterhooks as James Mwangi’s Intra-Group Integrity Cleanup Enters Kampala

    Muhereza KyamuteteraThe Big StoryJune 12, 2025June 14, 2025

    The wave of integrity audits that saw over 1,200 employees sacked in Kenya is now sweeping across Equity Group’s subsidiaries in East Africa, with Uganda the latest to feel the…

    Equity Bank Uganda Taps NCBA’s Claver Serumaga and Stanchart’s Catherine Psomgen to Reignite Growth

    CEO East Africa MagazineThe Big StoryMay 19, 2025January 20, 2026

    After a turbulent 2023 marked by a rare financial loss and significant executive turnover and a cautious 2024, Equity Bank Uganda is reinforcing its leadership bench with the appointment of…

    Analyzing the Challenges Ahead for Equity Bank Uganda’s New Managing Director Gift Shoko

    Muhereza KyamuteteraThe Big StoryJanuary 14, 2025January 14, 2025

    Today, Equity Bank Uganda announced Gift Shoko as its new Managing Director designate. The decision signals a bold step to stabilise the bank after a tumultuous 2024. Shoko, a veteran…

    Who is Gift Shoko, Equity Bank Uganda’s Managing Director Designate?

    Muhereza KyamuteteraC-Suite LeadershipThe Big StoryJanuary 14, 2025January 14, 2025

    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,…

    Meet Godfrey Kamau and Gift Shoko, the two men sent by Equity Group to sanitise and stabilise the rocky Equity Bank Uganda ship

    Muhereza KyamuteteraBusiness & MarketsCompany NewsThe Big StoryDecember 19, 2024December 19, 2024

    Since Equity Bank Uganda discovered a UGX65 billion (approximately USD 18 million) digital fraud, the bank has been in the eye of the storm, causing a whirlwind of losses, staff…

    Contextualising Anthony Kituuka’s Resignation as MD of Equity Bank Uganda

    CEO East Africa MagazineThe Big StoryDecember 6, 2024December 19, 2024

    On Saturday, November 30th, 2024, Uganda woke up to the news that the ebullient Anthony Kituuka had resigned as Managing Director of Equity Bank in Uganda. The news that Anthony…

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