When Uganda’s Centenary Group and the Roman Catholic Archdiocese of Lilongwe acquired MyBucks Banking Corporation in Malawi in October 2022 and fully rebranded it to Centenary Bank Limited, Malawi, it was a struggling institution. Turning around the institution required not just capital injection, but disciplined leadership, strategic clarity, and deep experience in financial sector transformation. Centenary Group, the majority shareholder, naturally turned to one of their own — CPA Godfrey Byekwaso, FCCA, MBA, a rising professional who for nearly 11 years served as the General Manager Finance (CFO) at Centenary Bank Uganda, the Group’s flagship subsidiary and Uganda’s second-largest bank….
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In February of this year, Samuel Sentongo joined the Reserve Bank of Australia as a Security Architect. The Reserve Bank of Australia is the country’s apex bank, equivalent to the Bank of Uganda. Rising to work with Australia’s regulatory bank is a far cry from the humble roots of a man born and bred in Uganda. His resume puts him at the top of his field in a country over 10,000 km away from his homeland. Samuel attended Aga Khan School in Kampala for his primary education and then joined Kings College Budo for high school. By his admission, he…
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She is a senior network automation and standardization specialist with Nokia but who thought that a girl from Uganda, the second of eight, would rise to such prominence. Not even having a supportive father like she has is enough to propel one to such great heights. Nokia Corporation is a Finnish multinational telecommunications, information technology, and consumer electronics corporation. Doing her BSc in Telecommunications at Makerere University, Kampala, and then a master’s degree in Italy. Dr Winnie Nakimuli later got an opportunity to do a PhD in Telematics Engineering in Spain. The journey begins with a love for Maths that…
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Sophie Mwamula is a qualified professional accountant with over 15 years of diverse international experience in leading full-cycle accounting, treasury and balance sheet management, financial and forensic audits, IFRS and ERP implementation, and accounting aspects of mergers and acquisitions. She is trusted by businesses and corporations to make complex financial, strategic and leadership decisions. Sophie currently works as a Manager, Global Accounting Policy & Procedures at Scotiabank’s headquarters in Toronto. She has been in this position for 3 years. Scotiabank is one of the 5 largest banks in Canada. Sophie, has in this role, been instrumental in the implementation of…
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NCBA Tanzania, the banking subsidiary of NCBA Group, has released its third-quarter financial report for 2023, showing remarkable growth in a series of bank fundamentals. In results released this week, the bank reported that in the 3 months from June 2023, operating income grew by 145% from a loss of TZS8.4 billion in Q2 2023 to a positive of TZS3.8 billion in September 2023. After-tax Income also improved by 152.4% from a loss of TZS9.6 billion to a profit of TZS5 billion. This was fuelled by a 16.3% growth in net lending, from TZS237.1 billion to TZS275.7 billion. And a…
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Ugandan Samallie Kiyingi has been appointed General Counsel for Corporate, Commercial and Institutional Banking and General Counsel for Europe and Americas at Standard Chartered Bank based in Singapore. She was appointed to the post effective October 2023. The high flying Harvard educated lawyer is vastly experienced in banking matters making her a target of big multinational corporate organizations. Along the way she has garnered skills in insurance, team management, negotiation, wholesale banking, entrepreneurship, business strategy, trade Finance and others. Kiyingi started her banking career as an associate, Wholesale Banking and Finance Practice at Ashurst (formerly Blake Dawson Waldron)Ashurst (Formerly Blake…
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Fifteen years ago, Godfrey Kasagga was a fresh Bachelor of Science in Information Technology graduate from the Uganda Christian University (UCU), with big dreams of changing the world. But like they say, even a journey of 1000 miles, starts with one step. After graduation, he landed a Network Administrator role at Bukasa Telecom, a small tech company, in Kampala, Uganda. At the time, the company was implementing a major network rollout assignment in Uganda and Rwanda, for the MTN Group, Africa’s largest telco. He would later move to the United States of America in the Q3 of 2012. After some…
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In our continuing coverage of Ugandans excelling abroad, CEO East Africa Magazine shines a spotlight on Mwesiga Kenneth Asiimwe, a Business Segment Operations Manager and Geofrey Kazungu Mulera, a Project HSE Lead, both at Halliburton, one of the world’s largest providers of products and services for the ever-evolving needs of the energy industry. We also profile, Allan Mugisha, a Well Engineering Manager at Springfield E&P, a wholly-owned Ghanaian oil and gas company; as well as Joseph Kibirango, a Project Manager with Tullow Oil Plc in Accra, Ghana. CEO East Africa Magazine also features Herman Mukisa, a Senior Reservoir Engineer with…
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Mark Ocitti Ongom, has been appointed, the Managing Director of Kenya Breweries Limited (KBL) effective 1st March 2023. KBL is the largest of East African Breweries Limited (EABL) operations, accounting for 64% of the EABL business followed by Uganda which accounts for 20% and Tanzania, 16%. Mark is replacing John Musunga, who left KBL in October 2022 to join Guinness Nigeria, a Diageo subsidiary West Africa. John Musunga replaced Baker Magunda, another Ugandan, who retired from the group. Mark has been the Managing Director of Serengeti Breweries Ltd in Tanzania, where he will be replaced by one Dr. Obinna Anyalebechi,…
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Brian Kwesiga’s life story is as extraordinary as his work. He is not just a systems and software engineer in the aerospace and defence industry, but he has also worked for some of the world’s best companies in the game- Lockheed Martin, Northrop Grumman and now Raytheon Technologies. His story is a story of endurance, and commitment, mixed with a bit of luck amidst tragedy. It is a story that perhaps best personifies the United States of America, as the land of opportunities, where one can achieve anything, provided they put their mind to it, no matter who they are. …
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