Uganda’s Anne Juuko has been appointed by Stanbic Bank Uganda Board of Directors as the new company’s Chief Executive Officer (CEO) replacing Patrick Mweheire who has been appointed to serve as the Regional Chief Executive, Standard Bank Group.
At the time of her appointment, Juuko has been working as the head of Corporate and Investment Banking at Standard Bank, Namibia and her new appointment will be effective from March 1, 2020.
Ms. Juuko is the youngest Stanbic Uganda CEO ever, the first female and the second Ugandan to head the bank since 2001 when it began business in Uganda.
In a statement issued by the board Chairman, Japheth Katto, the decision to appoint Juuko was premised on her wealth of experience in the financial industry with regionally and global expertise in banking for 20 years.
Juuko has been part of the Standard Bank Group for over 8 years having joined as Head of Global Markets for Stanbic Bank Uganda and was later appointed to Namibia.
“Throughout her career, Anne has exhibited exemplary performance, winning the highest coveted accolades such as the Primary Dealer of thr Year award for 6 consecutive years. She has also demonstrated exceptional leadership and stellar performance that will see her set to achieve Stanbic Bank Uganda’s strategy and vision,” Katto said.
Speaking about Patrick Mweheire, Katto said that the outgoing Stanbic Bank Uganda boss exhibited exemplary leadership which has steered the growth and success of Stanbic Bank as the largest commercial bank in Uganda and sustained the bank’s leadership position in the market.
In his new regional appointment, Patrick will be responsible for Standard Bank Group#s growth strategy in East Africa which comprises of Kenya, Uganda, Tanzania, South Sudan and Ethiopia.