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United Bank for Africa (UBA) has appointed Kenneth Kisambira as its Managing Director/CEO for Uganda. Mr. Kisambira, who was previously the Executive Director since June 2022, replaces Ms. Chioma Mang, who has been the bank’s head since December 2020. Chioma Mang, early this year caused a stir in the market, when she briefly left Uganda to take up an Executive Director role at Nigeria’s Keystone Bank. She was on January 10, 2024 announced by the Central Bank of Nigeria as the new Executive Director of Keystone Bank, following the Nigerian central bank’s dissolution of the Board and Management of three…
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Chioma A. Mang, the Managing Director/CEO of United Bank for Africa in Uganda, has turned down an appointment by the Central Bank of Nigeria (CBN) to take up the Executive Director role at the troubled Keystone Bank. Following the January 10th 2024 dissolution of the Board and Management of three Nigerian banks- Union Bank, Keystone Bank, and Polaris Bank, CBN announced that it had appointed Chioma A. Mang as the Executive Director of Keystone Bank. Hassan Imam was appointed Managing Director/ Chief Executive Officer of Keystone Bank. CBN also appointed Yetunde Oni and Mannir Ubali Ringim as Managing Director/Chief Executive…
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Kenneth Kisambira, previously the Head, of Corporate & Commercial Banking at United Bank for Africa (UBA) Uganda, has been promoted to Executive Director- Business. He also joins the Bank board. Kenneth has over 15 years of banking experience spanning corporate & commercial credit, accounting & finance, trade finance & structuring, business strategy execution and implementation, corporate governance and team leadership. UBA Uganda Board of Directors Chairman, Mr. Mustapha Kigozi Ssebagala inducts Kenneth Kisambira into the board. Before joining UBA, Kenneth spent 8 years at I&M Bank Uganda rising to become, Head, of Corporate Banking. Here he was charged with providing…
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The United Bank for Africa (UBA), Africa’s global bank has extended its operations to the United Arab Emirates (UAE) with the official launch of its new branch at the Dubai International Financial Centre (DIFC). The bank which has been in operation for over seven decades is today in 20 African countries, the United Kingdom, the United States of America and France. United Bank for Africa Plc (DIFC Branch) will operate under the Category 4 license and will be regulated by the Dubai Financial Services Authority (DFSA), the financial regulatory agency of the special economic zone, the Dubai International Financial Centre….
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Johnson Agoreyo, the United Bank for Africa, Uganda Managing Director/Chief Executive Officer has been recalled back to the United Bank for Africa Group Headquarters in Lagos, Nigeria; CEO East Africa Magazine can exclusively reveal. Mr. Agoreyo who has been UBA Bank’s boss since June 2016, confirmed the news to us this afternoon. Yes, it is true. I have been notified that I have been recalled to Group. My colleague, the Chief Executive Officer of UBA Gabon will be replacing me as CEO, as soon as the airspace opens.” He told this reporter in a phone interview, adding: “In the meantime,…
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The Ugandan subsidiary of Nigeria’s United Bank for Africa on April 08th announced a UGX4.9 billion profit (USD1.3 million) profit, confirming that the lender is firmly out of its eight-year…
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