Rakesh Jha Archives – CEO East Africa

Why Absa tapped Nazim Mahmood, to complete its separation with Barclays in Uganda

by Muhereza KyamuteteraCEOs Finance The Big StorySeptember 11, 2019September 11, 2019

When it comes to migration, integration and rebranding, Barclays Bank has had a nasty experience in Uganda before. The 2009/10 integration of newly acquired Nile Bank into Barclays was such…

Trillionaire’s Club: Inside 8 Uganda’s top banks running UGX22 trillion assets

by Muhereza KyamuteteraCompany News Finance The Big Story Top 10May 6, 2019May 24, 2021

The Pareto principle (also known as the 80/20 rule, the law of the vital few), according to Wikipedia, states that, for many events, roughly 80% of the effects come from 20% of the causes. It has since become an axiom of business management that “80% of sales come from 20% of clients”. RELATED: https://www.ceo.co.ug/2018-ugandas-19-banks-rake-in-ugx790bn-profit-5-banks-still-loss-making/ Mathematically, it is generally believed that…

EXCLUSIVE: Earnings of CEOs and Executive Directors of 23 of 24 of Uganda’s banks

by Muhereza KyamuteteraCEOs Company News Finance Manufacturing The Big Story The CEO 100 Index Top 10May 6, 2019May 15, 2019

43 Managing Directors and Executive Directors of 23 of Uganda’s 24 banks, earned an average of UGX61 million or a combined UGX2.6 billion per month. This adds up to a total of UGX31.5 billion a year, according to painstaking research by CEO East Africa Magazine. Also read: https://www.ceo.co.ug/2018-ugandas-19-banks-rake-in-ugx790bn-profit-5-banks-still-loss-making/ According to the research, Barclays Bank’s CEO Rakesh Jha is the highest…