Shareholder Value Creation Archives

Charles Mudiwa (left), CEO & Managing Director of dfcu Bank, and Jimmy D. Mugerwa, Chairman of dfcu Limited. Under Mudiwa’s leadership, dfcu Bank—the Group’s principal subsidiary—has delivered three consecutive years of growth, driving the bulk of the Group’s earnings recovery and underpinning its return to stability, profitability, and shareholder value creation.

Charles Mudiwa leads Uganda’s dfcu Bank through 3 Straight Years of Growth— 2025 net profit reaches UGX 81.5 bn

dfcu Bank has this morning released its full-year 2025 financial results, delivering a third consecutive year of recovery and growth under Chief Executive Officer Charles Mudiwa, with net profit rising to UGX

March 30, 2026

Banking & Financial Services

Charles Mudiwa, Chief Executive Officer of dfcu Bank, pictured during the 2024 Performance Stakeholder Breakfast, where he delivered a bold message of transformation and resurgence. Under his leadership, the bank has staged a remarkable recovery—more than doubling profits—and now sets its sights on becoming one of Uganda’s top five most profitable banks by 2026. “We’re out of the woods,” Mudiwa declared. “The strategy is clear, the team is ready, and the future is ours to build.”

Fired-Up! Charles Mudiwa’s 2024 Big dfcu Bank Turnaround

When dfcu Bank in January 2017, acquired Crane Bank, then one of the five largest Banks in Uganda, for UGX200 billion, it had been hoped that dfcu’s market share fortunes would greatly

April 3, 2025