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    Sanjay Rughani

    Sanjay Rughani faces his defining test as Standard Chartered Uganda exits retail banking: turning a leaner, corporate-focused strategy into sustainable profits, disciplined returns, and lasting relevance in a tougher market.

    Sanjay Rughani and the Test of a Leaner Standard Chartered Bank

    Jeff WintersThe Big StoryFebruary 9, 2026February 9, 2026

    Last week’s signing between the Government of Uganda and Standard Chartered Bank offered a reminder of the institution’s enduring strength. The €641.1 million (UGX 2.75 trillion) financing package, covering power…

    A photo montage of Absa’s David Wandera and Standard Chartered Bank’s Sanjay Rughani. Absa’s acquisition of Standard Chartered’s retail and wealth business reshapes Uganda’s banking sector, boosting deposits, expanding assets, and strengthening retail depth as regulators begin reviewing one of the industry’s most significant restructurings.

    Absa–Standard Chartered Wealth and Retail Business Acquisition Deal Enters Regulatory Review as Sector Impact Becomes Clear

    Muhereza KyamuteteraThe Big StoryNovember 21, 2025November 21, 2025

    Less than a year after Standard Chartered announced its plan to exit its Wealth and Retail Business (WRB) segment, the long-anticipated transfer to Absa Uganda has entered a decisive phase….

    A photo collage of Absa Managing Director David Wandera and Standard Chartered chief executive officer Sanjay Rughani. Standard Chartered and Absa Bank announced on October 24 that they had agreed on the sale of Standard Chartered’s Wealth and Retail Banking business portfolio to Absa Uganda.

    Big Leap: How Absa’s UGX 1.3 Trillion New Assets and Deposits Acquisition Through Stanchart’s Wealth and Retail Business Will Rewrite its Growth Story

    CEO East Africa MagazineThe Big StoryOctober 24, 2025October 31, 2025

    Less than a year after Standard Chartered Bank announced plans to exit its Wealth and Retail Business (WRB) segment as part of a global restructuring strategy, the long-anticipated transaction has…

    Absa Bank Acquires Standard Chartered’s Retail and Wealth Business in Uganda

    Paul MurungiThe Big StoryOctober 24, 2025October 24, 2025

    Absa Bank Uganda has entered into an agreement to acquire the Wealth and Retail Banking (WRB) business of Standard Chartered Bank Uganda. The acquisition marks a major shift in Uganda’s…

    A photo collage of top Ugandan Bank CEOs. In the top row; Uganda Bankers Association Chairman and Postbank Managing Director- Julius Kakeeto, Centenary Bank Managing Director, Fabian Kasi, Stanbic Bank Uganda CEO, Mumba Kalifungwa. Bottom row: I&M Bank CEO, Robin Bairstow, Diamond Trust Bank CEO, Godfrey Sebaana and Standard Chartered CEO, Sanjay Rughani.

    Inside the Minds of Uganda’s Top Bank CEOs: Reflections, Fears, and the Future of Banking

    Paul MurungiBanking & Financial ServicesThe Big StoryAugust 12, 2025August 12, 2025

    At the recently concluded Annual Bankers Conference, some of Uganda’s most influential banking leaders stepped away from the boardroom and into the spotlight. Representing institutions that collectively control a significant…

    Jaguza ne Standard Chartered Bank” Deposit Campaign launched

    Brian EmorutCompany NewsNews & AnalysisJuly 2, 2025July 2, 2025

    Standard Chartered Bank Uganda has unveiled its latest deposit campaign dubbed “Jaguza ne Standard Chartered,” designed to reward clients for saving, transacting and maintaining deposits with the Bank. Running from…

    Ending Plastic Pollution: Why Uganda’s Climate Goals Depend on Sustainable Finance

    Sanjay RughaniThe Big StoryThought LeadershipJune 5, 2025June 5, 2025

    As we mark this year’s World Environment Day under the theme “Ending Global Plastic Pollution”, we are reminded that the choices we make today as leaders, institutions and individuals will…

    Top Banks Eye Acquisition of Standard Chartered’s Retail and Wealth Business

    Paul MurungiBanking & Financial ServicesThe Big StoryMay 23, 2025May 23, 2025

    Standard Chartered Bank Uganda Chief Executive, Sanjay Rughani has indicated that a number of major banks have expressed interest in acquiring the bank’s Retail and Wealth Business.  The London-based group…

    OPINION: The Imperative of Information and Cyber Security in the Digital Age

    Sanjay RughaniThe Big StoryThought LeadershipMarch 21, 2025March 21, 2025

    In an era where digital technology has become the backbone of modern business operations, the importance of Information and Cyber Security (ICS) cannot be overstated. As Uganda’s financial sector embraces…

    Purpose-Driven Lending: Furaha’s Vision for Transforming Education Finance In Uganda

    Muhereza KyamuteteraCompany NewsThe Big StoryDecember 25, 2024December 25, 2024

    Yustus Aribariho, one of Uganda’s finest brains in the financial services space, has spent more than two decades of his banking career at Standard Chartered Bank. He is no stranger…

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