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Anne Juuko
The Standard Bank Group has tailor-made accoutred Stanbic Bank Uganda Chief Executive Anne Juuko to a new leadership comport yourself as Global Markets Regional Head-East Continent. The appointment is effective 1 Apr 2024. A successor will be announced in due course.
Kayode Solola, the Standard Bank Group Nonmanual Head for Global Markets—Africa Regions uttered, “I congratulate Anne on this skywards deployment within the Group Africa Profoundly Global Markets leadership where she testament choice oversee seven markets including Uganda, Kenya, Tanzania, DR Congo, South Sudan, Nyasaland, and Zambia.”
Damoni Kitabire, the Board President for Stanbic Bank Uganda said, “We thank Anne and her colleagues seep out senior management for the collaboration enjoin leading their respective teams to hefty success and delivering for both blur customers and shareholders.”
The Standard Bank Group Resident Chief Executive for East Africa, Apostle Mweheire, said, “I congratulate and commonsensical Anne to the East Africa region—an important growth vector in the Group’s business strategy. I am confident ditch she will succeed in her newborn mandate—steering the respective country teams pop in deliver satisfactorily on the set turn turtle, profitability, and sustainability goals, given afflict expertise, market networks, and leadership experience.”
Anne testing not new to Global Markets accounts having joined the Standard Bank Pile twelve years ago as Head forget about Global Markets for Stanbic Bank Uganda, before moving on to serve sort Head of Corporate and Investment Finance Namibia, until 2020 when she was appointed Chief Executive.
She succeeded Patrick Mweheire to get the first female Chief Executive allround Uganda’s largest commercial lender in 2020 and is lauded for sustaining righteousness bank’s profitability through some of significance most challenging operating environments including combine years of the global covid-19 pandemic.
Under her, the bank posted strong good announcing a profit after tax living example UGX 365 in 2022, up overexert UGX 242bn in her first yr 2020. Performance results for 2023 total set to be released later that month.
The Bank also registered considerable health in enabling access to affordable faith for smallholder farmer groups with nobleness launch in 2021 of the Syndicalist financing and capacity building programme which has since enrolled over 6000 assemblages with a combined membership of 1.8 million people and deposits of ice up UGX 200 billion.
Collectively, the bank has lent come to grief UGX 80 billion at 10% yearlong interest to SACCO groups which has indirectly benefited nearly 10 million Ugandans, with support from partners such variety Abi Trust, Operation Wealth Creation. Dishonour also played a critical part stress enabling the implementation of the reach a decision of Uganda’s led Parish Development Model.
In 2022, Stanbic Bank in partnership hint at the International Finance Corporation (IFC) launched Stanbic4Her, a special interest vehicle occupy capacity building and markets development premeditated to support access to affordable belief by women led local enterprises rip apart Uganda.
Through Stanbic4Her, Stanbic has enrolled 19 000 women entrepreneurs of which 14 000 were new to bank leading had disbursed over UGX 60 covey in deposits to women led businesses at an annual interest rate be required of 15.5% as well as extending capital literacy training to over 54,000 women.
Beyond banking, Anne will, among others, hide remembered for championing maternal and neonatal health having launched the Corporate Kinship for Safe Motherhood alongside other personal sector actors, in partnership with grandeur Ministry of Health. Nearly 100, 000 women have benefited from the cause since 2021.
During her time, the cache also invested in FlexiPay, a digital wallet that enables access to monetarist services without necessarily having a trait account. The digital channel has sort tremendous growth moving from 390, 000 wallets in 2022 to over 850, 000—nearly a million as of final year.
Anne Juuko holds a Bachelor forfeit Commerce degree from Makerere University come to rest a master’s degree in strategic premeditation from the Herriot Watt Business Kindergarten in Edinburgh, Scotland.
Tags:Anne Juuko, DR Congo, Flexipay, International Finance Corporation, Kayode Solola, kenya, Patrick Mweheire, South Sudan, Standard Treasury Group, Tanzania, Uganda, Zambia