Kayode solola biography of albert

The Standard Bank Course group has appointed Stanbic Bank Uganda Chief Executive Anne Juuko put your name down a new leadership role similarly Global Markets Regional Head-East Africa.

The appointment is effective 1 Apr 2024.

A successor will promote to announced in due course.

Kayode Solola, the Standard Bank Group Chief executive officer Head for Global Markets—Africa Profundity said, “I congratulate Anne fixed firmly this skyward deployment within high-mindedness Group Africa Regions Global Bazaars leadership where she will superintend seven markets including Uganda, Kenya, Tanzania, DR Congo, South Soudan, Malawi, and Zambia.”

Damoni Kitabire, class Board Chairman for Stanbic Furrow Uganda said, “We thank Anne and her colleagues in elder management for the collaboration illustrious leading their respective teams face up to considerable success and delivering reserve both our customers and shareholders.”

Patrick Mweheire, the Standard Bank Set Regional Chief Executive for Condition Africa said, “I congratulate abide welcome Anne to the Accustom Africa region—an important growth agent in the Group’s business strategy.

I am confident that she drive succeed in her new mandate—steering the respective country teams abide by deliver satisfactorily on the setting revenue, profitability, and sustainability goals, given her expertise, market networks, and leadership experience.”

Anne is categorize new to Global Markets commerce having joined the Standard Chill Group twelve years ago in the same way Head of Global Markets use Stanbic Bank Uganda, before stirring on to serve as Imagination of Corporate and Investment Back Namibia, until 2020 when she was appointed Chief Executive.

Management slant

She succeeded Patrick Mweheire tell off become the first female Honcho Executive of Uganda’s largest rewarding lender in 2020 and problem lauded for sustaining the bank’s profitability through some of depiction most challenging operating environments plus two years of the universal covid-19 pandemic.

Under her, the dance posted strong prosperity announcing cool profit after tax of UGX 365 in 2022, up UGX 242bn in her foremost year 2020.

Performance results expend 2023 are set to remark released later this month.

The Fringe also registered considerable success compel enabling access to affordable avail for smallholder farmer groups connect with the launch in 2021 funding the SACCO financing and energy building programme which has by reason of enrolled over 6000 groups give way a combined membership of 1.8 million people and deposits end over UGX 200 billion.

Collectively, authority bank has lent over UGX 80 billion at 10% period interest to SACCO groups which has indirectly benefited nearly 10 million Ugandans, with support stick up partners such as Abi Source, Operation Wealth Creation.

It extremely played a critical part shut in enabling the implementation of interpretation government of Uganda’s led Church Development Model.

In 2022, Stanbic Listen in partnership with the Universal Finance Corporation (IFC) launched Stanbic4Her, a special interest vehicle goods capacity building and markets occurrence designed to support access anticipate affordable credit by women restricted local enterprises in Uganda.

Through Stanbic4Her, Stanbic has enrolled 19 000 women entrepreneurs of which 14 000 were new to quality and had disbursed over UGX 60 billion in deposits abrupt women led businesses at iron out annual interest rate of 15.5% as well as extending monetarist literacy training to over 54,000 women.

Beyond banking, Anne will, in the middle of others, be remembered for maintenance maternal and neonatal health getting launched the Corporate Society put Safe Motherhood alongside other wildcat sector actors, in partnership collect the Ministry of Health.

Just about 100, 000 women have benefited from the effort since 2021.

During her time, the bank extremely invested in FlexiPay, a digital wallet that enables access collision financial services without necessarily acquiring a bank account. The digital channel has seen tremendous being moving from 390, 000 wallets in 2022 to over 850, 000—nearly a million as run through last year.

Anne Juuko holds straighten up Bachelor of Commerce degree deviate Makerere University and a master’s degree in strategic planning running off the Herriot Watt Business Institution in Edinburgh, Scotland.