Africa Financial Services 

MONEY, PEOPLE & POWER: The 10 bank CEOs who control 80% of Uganda’s banking sector – CEO East Africa

1. Anne Juuko Chief Executive, Stanbic Bank 2019 Asset Value: UGX6.6 trillion Market Share: 20.2 per cent Industry Rank: 1 Stanbic Bank has maintained the top spot in the banking sector ever since the acquisition of a majority stake (80per cent) in Uganda Commercial Bank (UCB) back in 2001. Getting to the top spot was the easy bit – despite the politics around the acquisition. Remaining at the top, ahead of the chasing pack is where all credit is due to the bank shareholders and management that have given the…

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Financial Services 

Meet Raj Kumar Meena, Bank of Baroda’s new Managing Director in Uganda

Bank of Baroda, Uganda’s 6th largest bank, has a new Managing Director- Mr. Raj Kumar Meena. R.K Meena who joined the bank in April 2020 comes into Uganda with more than 28 years of banking experience. He started his career in 1992 in Baroda’s parent bank; Bank of Baroda, India- the $3 billion Indian banking giant. Prior to joining as Managing Director of Bank of Baroda (Uganda) he was working as the Regional Head of the Udaipur Region in India, where he managed 101 branches with total business of more…

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