The Uganda Bankers’ Association (UBA) has renewed its leadership team following its Annual General Meeting held last Friday in Kampala. The meeting confirmed the reappointment of the Central Executive Committee (CEC), securing stability in the leadership of Uganda’s banking industry as it continues to evolve.
Mr. Julius Kakeeto, Chief Executive Officer of Post Bank Uganda Ltd, was re-elected as Chairperson of the Association for the 2025–2026 term. His reappointment reflects strong confidence from the banking community in his leadership and strategic direction over the past year.
During his previous term, Mr. Kakeeto guided the Association through an 8% industry asset growth, reaching UGX 53.6 trillion. Under his leadership, UBA launched a sector-wide Environmental, Social, and Governance (ESG) framework and strengthened collaboration with regulatory, legislative, and judicial stakeholders. UBA also hosted major industry events including the Annual Bankers Conference, Women Economic Empowerment Summit, Bancassurance Thought Leadership Forum, and the Anti-Fraud Forum.
“I am honoured that the industry has again placed its trust in me,” said Mr. Kakeeto. “We will build on our achievements and remain committed to aligning banking strategies with the government’s ATMS agenda—focused on Agriculture, Technology, Minerals (including Oil and Gas), and Science and Technology—to drive Uganda’s goal of tenfold economic growth by 2039.”
Joining Mr. Kakeeto on the renewed Central Executive Committee is Mr. Michael K. Mugabi, CEO of Housing Finance Bank, who continues in his role as Vice Chairperson. Mr. Mumba Kenneth Kalifungwa, CEO of Stanbic Bank Uganda, was reappointed as the Honorary Auditor, while Mr. Byamah Edgar, CEO of KCB Bank Uganda, retains his position as Honorary Treasurer.
Mr. Sanjay Rughani CEO of Standard Chartered Bank Uganda; Mr. Shafi Nambobi, CEO of UGAFODE Microfinance Limited (MDI); and Ms. Patricia Ojangole, CEO of Uganda Development Bank, were all reaffirmed as Committee Members. Mr. Wilbrod Owor, the Executive Director of UBA, continues to serve as Secretary to the Executive Committee.
The renewed team brings together a wealth of experience and a united commitment to steering Uganda’s financial services industry toward sustainable growth, innovation, and resilience. The Association emphasized that with this cohesive leadership, it aims to deepen its engagement with government and private stakeholders while embedding sustainability at the core of its strategic priorities.
The Uganda Bankers’ Association represents commercial banks, credit institutions, and microfinance deposit-taking institutions licensed and regulated by the Bank of Uganda. Through advocacy, research, and collaboration, UBA continues to play a pivotal role in shaping the country’s financial landscape.