NCBA Uganda Archives

(Left-Right): NCBA Group Director Finance David Abwoga, Group Managing Director and CEO John Gachora, and Group Director Regional Business Strategy Louisa Wandabwa and Raphael have a light moment during the release of the Group’s results in Nairobi, Kenya.

NCBA Posts 7% Profit Growth, Unveils Ambitious Five-Year Plan

NCBA Group has posted a 7% rise in net profit to Ksh23.4 billion (about UGX 660 billion) for the year ended 2025, boosted by stronger asset growth, improved margins, and a sharp

March 30, 2026

Banking & Financial Services

LEFT-RIGHT: Anthony Ndegwa, the NCBA Bank Uganda designated Managing Director; Sam Ntulume and Mark Muyobo, both Executive Director designates and Gerald Muhereza, who is slated to become the new Head of Consumer Banking.

EXCLUSIVE: Anthony Ndegwa to head merged NCBA Bank Uganda; Ntulume and Muyobo designated Executive Directors

Anthony Ndegwa, the current Managing Director of CBA Bank Uganda, has been designated the new Managing Director of NCBA Bank Uganda Ltd- a new entity resulting out of a merger between CBA

June 1, 2020

Banking & Financial Services·The Big Story

Anthony Ndegwa CEO, CBA Uganda (left) and Sam Ntulume, Managing Director NC Bank Uganda

BoU clears CBA and NC Bank merger in Uganda; but who will head the new NCBA Bank?

Bank of Uganda has cleared the merger of two out-of-Nairobi banks- NC Bank Uganda and Commercial Bank of Africa. The two as per 2019 results were the 19th and 21st largest banks

June 1, 2020