It began over dinner at Nairobi’s exclusive Muthaiga Club, an establishment where East Africa’s captains of industry often mix business with leisure. As Patrick Mweheire, then Regional Chief Executive of…
Effective today, September 1st, Joshua Nyamweya Oigara takes over the helm of Standard Bank’s East Africa operations, becoming Regional Chief Executive for a cluster that includes Stanbic Bank Kenya, Stanbic Bank Uganda, and Stanbic Bank Tanzania. Standard Bank — headquartered in Johannesburg — is the largest bank on the African continent by assets, with over USD 170 billion in total assets, operations in 20 sub-Saharan markets and offshore hubs, and a reputation for financing Africa’s largest corporate and infrastructure deals. In East Africa, Stanbic operates across diverse market share zones — from its outright leadership position in Uganda, to a…
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Standard Bank Group has announced a significant leadership realignment across its Africa Regions portfolio, appointing new Regional Chief Executives (RCEs) to spearhead growth in key markets and drive greater operational…
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…
In a show of the country’s human capital prowess, Stanbic Bank Uganda, the country’s largest commercial lender, has exported several top banking executives to the rest of Africa in a space of less than five months. Stanbic Bank is a member of the Standard Bank Group—Africa’s largest lender by assets, and operates in twenty countries across the continent. In East Africa, Standard Bank trades as Stanbic and is present in Uganda, Kenya, Tanzania, DRC, and South Sudan. It is led by Ugandan investment banker Patrick Mweheire, who was elevated to Regional Chief Executive for East Africa following a successful term…
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The Uganda Chamber of Mines & Petroleum (UCMP) at a recent Annual General Meeting (AGM) elected new leaders to its Board of Trustees and Governing Council. The new leaders serve for the next two years. Mr. Patrick Mweheire, the Standard Bank Group Regional Chief Executive for East Africa, and Mr. Nicholas Ecimu, a Partner at S&L Advocates are among the new members who were elevated to the Board of Trustees. Mr. Mweheire previously served as the Chairman of the Governing Council for three years, while Mr. Ecimu served as a Council Member for eight years. The full membership of UCMP’s…
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When Dr Martin Aliker died on Monday April 15, 2024, aged 95, he had lived a long illustrious life during which he sported many hats of responsibilities; one of them was serving as Board Chairman of Stanbic Bank Uganda between 2002 and 2008. In this tribute, three former Chief Executives of the bank share their reflections on a man that many people in the corporate governance world regarded as ‘chairman of chairmen’ having sat on or chaired nearly 40 corporate boards during his active years. ‘Icon of corporate governance,’ says Patrick Mweheire, former Stanbic Bank Chief Executive—2014 to 2020. Upon…
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The Standard Bank Group (SBG) Chief Executive Sim Tshabalala and Board Chairman Nonkululeko Nyembezi were reportedly in Uganda for two days, last week, during which they held meetings with different stakeholders including with officials of the Central Bank with whom they discussed the ongoing executive leadership changes at Stanbic Bank. The Standard Bank Group is the majority owner of Stanbic Uganda Holdings Limited (SUHL) the listed entity that operates Stanbic Properties, Stanbic Business Incubator, SBG Securities, FlyHub, and Stanbic Bank—the country’s largest commercial lender. According to inside sources, the Thursday, April 4, 2024 meeting was attended by among others, the…
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Stanbic Uganda’s Chief Executive, Anne Juuko will take up her new role as Standard Bank’s Regional Head, Global Markets, this April, CEO East Africa Magazine, can exclusively reveal. According to our insider sources at Stanbic Bank, her new role, although it has been in the corridors and subject to much speculation will be announced next week. It is not yet clear whether her replacement will be announced at the same time. She has been Chief Executive of Stanbic, Uganda’s largest lender, for exactly four years, having assumed leadership in March 2020, at the onset of the Covid-19 pandemic in the…
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In a March 2023 interview with Bloomberg, Patrick Mweheire, the Standard Bank Group Regional Chief Executive for East Africa, told of the Group’s ambitions for the Kenyan market, revealing that the Group was looking to make a major acquisition by 2025, a milestone if achieved, would propel Stanbic Kenya to the top three banks in the country. As regional East African Chief, Mweheire’s jurisdiction covers Kenya, Uganda, Tanzania, Ethiopia, Malawi and South Sudan. Standard Bank Group through Stanbic Africa Holdings Limited, owns 70.53% of Stanbic Holdings Plc Kenya, which in turn owns 100% of Stanbic Kenya Limited, alongside other subsidiaries⏤…
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