Kelvin Musana Archives – CEO East Africa

CEO-Ready: Uganda’s Rising Business Leaders to Watch in the Next 5 Years

Editorial, CEO East AfricaThe Big StoryAugust 22, 2025October 6, 2025

Uganda no longer lacks CEO-ready talent; it is overflowing with it. From the commanding floors of leading banks and insurance firms, to the boardrooms of fast-moving consumer goods companies, oil and gas multinationals, telecom giants, regulators, and investment firms, there is a new generation of Ugandan professionals. They are strategically placed, thoroughly equipped, and quietly making their way to the corner office. These are individuals already entrusted with large budgets, wide teams, and critical mandates. Some are executive directors, overseeing operations, strategy, risk, and people in top-tier institutions. Others are chief financial officers, managing billions in assets, liquidity, and compliance…

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Standard Chartered Bank Uganda Named Best Performing Government Securities Primary Dealer of 2023

Muhereza KyamuteteraBanking & Financial Services Company News News & AnalysisMay 9, 2024May 9, 2024

The Bank of Uganda has awarded Standard Chartered Bank, the Best Performing Primary Dealer Market Maker (PDDM)of the year for the year ending September 2023. The Primary Dealer Market Makers system was launched in 2005 to enhance the government securities market by improving liquidity, pricing efficiency, and secondary market trading activity. There are 08 banks playing this role. They are Absa, Centenary, Citi, dfcu, Equity, Housing Finance, Stanbic and Standard Chartered Bank. Citibank and Equity are the latest entrants to the PDMM system. To arrive at the best dealer, the Central Bank’s performance criteria focused on posting two-way pricing…

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Standard Chartered’s digital-first leap of faith begins paying off; bank bounces back to No.3 position

CEO ReporterBanking & Financial Services Technology & Innovation The Big StoryMay 5, 2021May 9, 2021

Standard Chartered Bank Uganda (SCBU), a subsidiary of the out-of-London global banking giant, Standard Chartered Plc, has bounced back into the industry’s top three largest banks, according to its just-released 2020 results. The results, published on April 30th 2021, show that SCBU regained its No.3 position in assets and deposits, which it lost to Absa Bank in 2019. It also maintained its third position on revenues. Assets grew by 21.5% from UGX3.2 trillion to UGX3.8 trillion, on account of a UGX 1.25 trillion lending book, increased cash and balances held with the central bank that grew from UGX347.2 billion…

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