Stanbic Bank
Stanbic Bank
Stanbic Bank
Stanbic Bank
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Stanbic Bank
Stanbic Bank
Stanbic Bank
Stanbic Bank

Meet Samuel Mwogeza, the new acting CEO of Stanbic Bank Uganda

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Simon Kabayo
Simon Kabayo
Reporter whose work is detailed

Samuel Frederick Mwogeza has been appointed the interim Chief Executive Officer of Stanbic Bank Uganda.

He replaces Anne Juuko who has been appointed to a regional role within the Standard Bank Group.

He has been working with Stanbic Bank Uganda Limited as the Executive Head: Personal and Private Banking.

 Immediately prior to this he worked as the Global Chief Financial Officer (CFO) for Vision Fund International and prior to this as the CFO of Stanbic Bank Uganda Limited.

He has also worked in other countries with time spent in Uganda, Zambia, Tanzania and the Democratic Republic of Congo while working for Citibank and Standard/Stanbic Bank respectively; where he was central to strategy formulation and leading and managing change leading to improved sustainability.

Samuel has received multiple individual accolades. He was recognized as the top CFO in Uganda at the Deloitte-ACCA awards in 2018 and the Certified Public Accountant (“CPA”) of the year 2019 by the Institute of Certified Professional Accountants of Uganda. He was further awarded as top contributing CFO to the financial services industry by the Uganda Bankers Association in 2019. He has also been recognized as Best Chief Financial Officer; Strategy Execution – 2018 and Best Chief Financial Officer; Finance transformation – 2017 by ACCA Uganda & Deloitte Uganda.

Samuel also led the finance team to “Best Finance team of the year” by Institute of Certified Public Accountants of Uganda (“ICPAU”) in 2019 and under his leadership as Executive Head for Consumer and High-Networth, the bank also won the 2021 and 2022 Consumer Choice awards in “best Commercial and development bank” category.

Samuel has contributed as a non-executive director (NED) in various organizations as below;

Uganda Securities Exchange (NED and Chairman Audit and Risk Committee)

International Coaching Federation-Uganda Chapter (NED; Chair Finance Committee)

The Leo Africa Institute (NED)

Stanbic Properties Limited (Board Chairman)

Liberty Life Insurance Uganda Limited (NED)

Stanbic Pension Fund (Chairman)

He has also served on voluntary basis on the entities below;

ICPAU-Finance, Planning and Administration Committee (Member)

Uganda Bankers Association-CFO Executive Committee (Lead Technical matters)

Samuel is a Harvard Business School – Executive programme alumni, an MBA (Edinburgh Business School) and Bachelor of Commerce degree honors (Makerere University).

Mwogeza’s interim appointment comes after Bank of Uganda rejected the proposal by Stanbic Bank Board of Directors to appoint the CEO of Stanbic Bank Eswatini in Southern Africa as the replacement for Anne Juuko.

Anne Juuko was recently transitioned to another leadership role as Global Markets Regional Head for East Africa, effective April, 2024.

Presently the Executive Head of Compliance, Dokoria’s interim appointment follows Emma Mugisha’s resignation as Executive Director and Head of Business & Commercial Banking, to pursue opportunities outside of the Standard Bank Group.

Kitabire congratulated the incoming leaders and thanked Juuko, and Mugisha for their notable contribution to the sustained success of the organisation over the years.

“On behalf of the Board, I thank Anne, and Emma for their leadership over the years and contribution to the sustained growth of Stanbic Bank Uganda; we wish them success in their next respective assignments,” said Kitabire.

Stanbic Bank is the country’s largest commercial bank by assets, profits, and deposits as of December 2022.

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