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Eight finance professionals won ten awards at the 9th edition of the Chief Financial Officer (CFO) Awards 2025 with Peter Ssenyange, CFO, Pearl Bank Uganda Limited emerging the overall CFO award 2025. Peter also won the Sustainability Award. The other double award winner was Ronald Makata, CFO, Stanbic Bank Uganda emerged CFO of the Year (First Runner-Up) and won Finance Transformation & Technology Award and Compliance & Governance Award. The other winners were:- Emmanuel Mugagga, CFO, Uganda National Oil Company – Strategy Execution Award, Irene Mwoyogwona, Head of Finance, Pride Bank Limited – Leadership Award, Bob Okodi, Finance Manager, Amref…
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By Peter Ssenyange For a long time, the success of a bank was measured in numbers: quarterly margins, loan-to-deposit ratios, and cost-to-income efficiency. But today, that narrative is being rewritten. In an era defined by global uncertainty, environmental awareness, and social transformation, profitability alone no longer tells the full story. The question that defines the future of banking is not whether a bank can be profitable, but whether it can be relevant to its customers, its community, and its country. As we transition from PostBank Uganda to Pearl Bank Uganda, we have embraced this truth as the foundation of our…
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The Bank of Uganda (BoU) has issued an operating license to Pearl Bank Uganda Limited, which formerly operated as PostBank Uganda, paving the way for the institution to commence business under its new name and identity. The license was handed to the Bank’s Managing Director, Mr. Julius Kakeeto, by the Bank of Uganda Governor, Dr. Michael Atingi-Ego, a symbolic phase in the Bank’s rebrand journey, signifying its official crossover from PostBank to its current designation, Pearl Bank Uganda Limited. The regulatory approval to rebrand to Pearl Bank follows the Bank’s five-year transformation strategy and its earlier elevation to a Tier…
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Wendi, the digital wallet developed by Pearl Bank (formerly PostBank Uganda) has today announced a partnership with TotalEnergies Marketing & Services (M&S) aimed at simplifying customer payments at all Total fuel stations using the…
In a landmark partnership that signals collaboration over competition, Pearl Bank Uganda (formerly PostBank Uganda), a leading government-owned financial institution and Stanbic Bank Uganda, the country’s largest commercial bank, have…
PostBank, which is rebranding to Pearl Bank, has announced a 13-year strategic partnership with Agence Française de Dévelopement (AFD), France’s public development bank, to support sustainable agricultural financing. Formalized today…
Postbank, which is rebranding to Pearl Bank Uganda, has been awarded the prestigious Sustainability Certification by the European Organization for Sustainable Development (EOSD), demonstrating the Bank’s efforts and commitment to champion sustainable initiatives that are aligned with its overall strategy and purpose of fostering prosperity for Ugandans. The certificate handover event in Germany was on 25th September 2025. Based in Germany, EOSD is a globally recognized leader in advancing sustainable development across sectors. The organization is dedicated to developing strategies, programs, and initiatives that embed sustainable growth and responsible practices particularly in the financial sector. EOSD has worked with institutions…
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Wendi, a digital mobile wallet developed by PostBank Uganda, which is rebranding to Pearl Bank, has partnered with the Rotary Club of Muyenga Tank Hill and Acacia Sunset to support the 14th edition of the Rotary Cancer Run, aiming to fight the scourge of cancer in Uganda. This year’s run is focusing on raising funds for the construction of specialized underground bunkers to house state-of-the-art Linear Accelerator (LINAC) radiotherapy machines, which are essential for delivering advanced cancer treatment. According to the GLOBOCAN 2022 report by the International Agency for Research on Cancer (IARC), Uganda faces nearly 35,000 new cancer cases…
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Numbers Don’t Lie. In 2024, PostBank Uganda posted a record UGX 35.4 billion in net profit—up 28.7% from UGX 27.5 billion in 2023. Customer deposits surged 25.4% from UGX 789.8…
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