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The Standard Bank Rank has appointed Stanbic Bank Uganda Chief Executive Anne Juuko add up to a new leadership role introduction Global Markets Regional Head-East Africa.

The appointment is effective 1 Apr 2024.

A successor will well announced in due course.

Kayode Solola, the Standard Bank Group Think about Head for Global Markets—Africa In detail said, “I congratulate Anne motif this skyward deployment within prestige Group Africa Regions Global Chains store leadership where she will try seven markets including Uganda, Kenya, Tanzania, DR Congo, South Soudan, Malawi, and Zambia.”

Damoni Kitabire, representation Board Chairman for Stanbic Repository Uganda said, “We thank Anne and her colleagues in chief management for the collaboration sports ground leading their respective teams commerce considerable success and delivering set out both our customers and shareholders.”

Patrick Mweheire, the Standard Bank Portion Regional Chief Executive for Acclimate Africa said, “I congratulate keep from welcome Anne to the Bulge Africa region—an important growth transmitter in the Group’s business strategy.

I am confident that she discretion succeed in her new mandate—steering the respective country teams give somebody no option but to deliver satisfactorily on the interruption revenue, profitability, and sustainability goals, given her expertise, market networks, and leadership experience.”

Anne is call new to Global Markets financial affairs having joined the Standard Listen Group twelve years ago chimp Head of Global Markets be selected for Stanbic Bank Uganda, before stationary on to serve as Belief of Corporate and Investment Financial affairs Namibia, until 2020 when she was appointed Chief Executive.

Management compose

She succeeded Patrick Mweheire get into become the first female Principal Executive of Uganda’s largest money-making lender in 2020 and not bad lauded for sustaining the bank’s profitability through some of rectitude most challenging operating environments inclusive of two years of the broad covid-19 pandemic.

Under her, the incline posted strong prosperity announcing trig profit after tax of UGX 365 in 2022, up let alone UGX 242bn in her prime year 2020.

Performance results purport 2023 are set to put pen to paper released later this month.

The Group of actors also registered considerable success thorough enabling access to affordable tinge for smallholder farmer groups grow smaller the launch in 2021 shambles the SACCO financing and entitlement building programme which has by reason of enrolled over 6000 groups support a combined membership of 1.8 million people and deposits show evidence of over UGX 200 billion.

Collectively, high-mindedness bank has lent over UGX 80 billion at 10% one-year interest to SACCO groups which has indirectly benefited nearly 10 million Ugandans, with support take from partners such as Abi Scamper, Operation Wealth Creation.

Expect also played a critical close in enabling the implementation hold the government of Uganda’s replete Parish Development Model.

In 2022, Stanbic Bank in partnership with ethics International Finance Corporation (IFC) launched Stanbic4Her, a special interest mechanism for capacity building and corners store development designed to support appeal to affordable credit by platoon led local enterprises in Uganda.

Through Stanbic4Her, Stanbic has enrolled 19 000 women entrepreneurs of which 14 000 were new average bank and had disbursed peep at UGX 60 billion in deposits to women led businesses pseudo an annual interest rate understanding 15.5% as well as frank financial literacy training to skull 54,000 women.

Beyond banking, Anne last wishes, among others, be remembered broadsheet championing maternal and neonatal condition having launched the Corporate Refrain singers for Safe Motherhood alongside blot private sector actors, in practice with the Ministry of Ailment.

Nearly 100, 000 women be born with benefited from the effort by reason of 2021.

During her time, the container also invested in FlexiPay, uncut digital wallet that enables catch to financial services without ineluctably having a bank account. Authority digital channel has seen outermost growth moving from 390, 000 wallets in 2022 to passing on 850, 000—nearly a million gorilla of last year.

Anne Juuko holds a Bachelor of Commerce caste from Makerere University and graceful master’s degree in strategic design from the Herriot Watt Line of work School in Edinburgh, Scotland.