Steven Mukweli Archives – CEO East Africa

EXCLUSIVE: Barclays’ Retail Director Kumaran Pather to head Orient Bank as Standard Chartered’ Robert Wanok heads to dfcu Bank

Muhereza KyamuteteraBanking & Financial Services Company News The Big StoryNovember 2, 2019November 2, 2019

Hardly two years after assuming the role of Retail Banking Director at Barclays Bank, Uganda, Kumaran Pather is said to be headed to Orient Bank as Managing Director. According to 3 separate sources, this reporter talked to, Kumaran has resigned his position at Barclays Bank and as he waits for Bank of Uganda’s approval. Section 54 of the Financial Institutions Act (2004) requires all bank board directors to undergo a fit and proper test, carried out by the Central Bank. Orient Bank is Uganda’s 12th largest bank by assets (UGX750bn:2018) and 8th largest by customer deposits (UGX618: 2018). Kumaran is…

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Orient Bank’s Julius Kakeeto to head Post Bank

Muhereza KyamuteteraBanking & Financial Services C-Suite Leadership Company News Politics & Goverment The Big Story The Uganda 300 IndexAugust 28, 2019August 28, 2019

(R-L): Julius Kakeeto, MD of Orient Bank Limited together with Alhaj Kaddunabbi Ibrahim Lubega, CEO Insurance Regulatory Authority, Herbert Mukoza, General Manager IAA and Arjun Mallik, MD Prudential East Africa on July 24, officially unveil Medilife, a new medical and life insurance cover for Orient Bank customers. Kakeeto has spearheaded a number of innovation at Orient Bank, that have contributed to the bank’s stable growth and return to profitability. Julius Kakeeto, formerly Orient Bank Managing Director and Chief Executive Officer, is set to head the troubled Post Bank, CEO East Africa Magazine has learnt. Kakeeto is to replace troubled Managing Director, Steven Mukweli who is facing corruption…

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