Stanbic Bank Uganda- Page 4

Joshua Nyamweya Oigara, newly appointed Regional Chief Executive of Standard Bank East Africa, leading a USD 9 billion portfolio across Uganda, Kenya, Tanzania, Ethiopia, Malawi, and South Sudan, supported by a seasoned leadership team including Patrick Mweheire, Mumba Kalifungwa, and Manzi Rwegasira.
(Left to right) Joshua Nyamweya Oigara, the newly appointed Regional Chief Executive for Standard Bank East Africa, alongside Patrick Mweheire, Chief Executive of Stanbic Holdings Kenya; Mumba Kalifungwa, Chief Executive of Stanbic Bank Uganda; and Manzi Rwegasira, Chief Executive of Stanbic Bank Tanzania. Together, they represent a seasoned leadership team — a key people advantage Oigara inherits as he seeks to accelerate growth, navigate market challenges, and leverage Standard Bank’s USD 9 billion East Africa portfolio into a faster, more agile regional powerhouse.

Can Joshua Oigara Leverage Standard Bank East Africa’s Strengths to Outpace Rivals?

Effective today, September 1st, Joshua Nyamweya Oigara takes over the helm of Standard Bank’s East Africa operations, becoming Regional Chief Executive for a cluster that includes Stanbic Bank Kenya, Stanbic Bank Uganda,
September 1, 2025
A photo collage of top-performing Bank CEOs in Bancassurance. Stanbic Bank CEO, Mumba Kalifungwa, Centenary Bank Managing Director, Fabian Kasi, and Absa Bank Managing Director, David Wandera.

Stanbic, Centenary and Absa Dominate Uganda’s Q2 2025 Bancassurance League Tables

Uganda’s bancassurance sector closed the second quarter of 2025 with Stanbic Bank, Centenary Bank, and Absa Bank securing commanding positions at the top of the market in both life and non-life insurance
August 27, 2025
For 20 years, Sonia Karamagi Kasagga—now Head of Client Experience at Stanbic Bank Uganda—has grown, led, and transformed within the institution, proving that success isn’t always about moving fast or moving on. In this candid interview, she shares powerful lessons on choosing depth over speed, leading with empathy, and why customer experience is more human than transactional.
20 years, many roles, countless faces — but always the same heart. From marketer to mentor, strategist to storyteller, Sonia Karamagi’s journey at Stanbic Bank Uganda is a beautiful tapestry of growth, grace, and the power of human connection.

20 Years, One Remarkable Stanbic Journey: Sonia Karamagi Kasagga on Growth, Grit, and the Power of Customer Experience

How does one remain relevant, energised, and impactful for two decades in the same institution? In this candid conversation with CEO East Africa Magazine’s Executive Editor, Muhereza Kyamutetera, Sonia Karamagi, shares how
Damoni Kitabire, Chairman of Stanbic Bank Uganda; Mumba Kalifungwa, the newly appointed Chief Executive; Patrick Mweheire, Regional Chief Executive for East Africa at Standard Bank Group; and Francis Karuhanga, CEO of Stanbic Uganda Holdings Limited (SUHL), during Kalifungwa’s official unveiling. His appointment comes at a pivotal time for Stanbic—still the most profitable bank in Uganda, but facing slowing growth in core fundamentals like deposits and lending. Kalifungwa, credited with transforming Absa Uganda into a high-growth performer, now faces the challenge of reigniting Stanbic’s growth momentum and defending its leadership amid intensifying competition from both top-tier rivals and fast-charging mid-tier challengers.

Stanbic Bank Uganda at a Crossroads: Can Mumba Kalifungwa Reignite the Blue Spark of Yesteryears?

Stanbic Bank Uganda has for years stood tall as the country’s largest and most profitable commercial bank. From balance sheet dominance to steady profit leadership, the bank has long held the crown
May 16, 2025
Kenneth Legesi, CFA, is the CEO/CIO of Ortus Africa Capital, an advisory and investment firm driving growth in Africa through strategic investments in alternative assets, including private credit, venture capital, and infrastructure.

OPINION: As a Stanbic Shareholder, Here’s What I’m Seeing in Uganda’s Banking Sector (2024)

I’ve been a minority shareholder in Stanbic Bank Uganda for a while now. And like many retail investors, I occasionally take an interest in their performance, most times I just wait for
Paul Muganwa: A seasoned and strategic leader, and a Stanbic veteran, now on the Stanbic Uganda Board—poised to steer Corporate & Investment Banking toward new horizons of growth.

Paul Muganwa Joins Stanbic Uganda Board, Strengthens Leadership at the Helm of Corporate & Investment Banking

Stanbic Bank Uganda has announced the appointment of Paul Muganwa as an Executive Director on its Board, in addition to his existing role as Head of Corporate & Investment Banking (CIB). This
March 27, 2025
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