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Samuel Fredrick Mwogeza, hitherto the VisionFund International Global Chief Finance Officer is set to bounce back at Stanbic Bank Uganda, in a yet-to-be-confirmed role, CEO East Africa Magazine can exclusively reveal. According to highly-placed sources, Samuel has already resigned from his position at VisionFund International and is set to join Stanbic Bank this February. VisionFund International is a global multinational, present in 28 countries, including Uganda, and works to improve the lives of children in the developing world by offering Microfinance and other financial services to families. It is a wholly-owned subsidiary of World Vision, a global Christian humanitarian organisation…
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Samuel Fredrick Mwogeza, the former Stanbic Bank, Uganda, Executive Head for Consumer & Affluent Banking is the new VisionFund International Global CFO. VisionFund International is a global multinational, present in 28 countries, including Uganda, which works to improve the lives of children in the developing world by offering microfinance and other financial services to families. It is a wholly owned subsidiary of World Vision that oversees World Vision’s microfinance work Mwogeza left his position at Stanbic in August 2022. Including Stanbic Bank, Mwogeza possesses nearly 20 years in senior roles in the Ugandan commercial banking industry- 12 of them at…
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Stanbic Bank Uganda (SBU) has paid out a total of UGX110 billion to its shareholders for financial year 2019, continuing a long track record of returning consistently positive earnings despite prevailing challenges. At the peak of the Covid-19 pandemic last year, Bank of Uganda (BoU) directed supervised financial institutions to defer all discretionary payments, including dividends, until they can demonstrate a solid financial base. After confirmation by BoU that the bank was adequately capitalized, it gave the bank a go ahead to pay dividend for the 2019. On December 29th, 2020 the Board of Directors Stanbic Uganda Holdings Limited, the…
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