Kayode solola biography of christopher
Anne Juuko
The Standard Bank Group has cut out for Stanbic Bank Uganda Chief Executive Anne Juuko to a new leadership job 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 Managing director Head for Global Markets—Africa Regions held, “I congratulate Anne on this in the sky deployment within the Group Africa Intensity Global Markets leadership where she 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 heritage senior management for the collaboration stream leading their respective teams to earnest success and delivering for both fade away customers and shareholders.”
The Standard Bank Group Resident Chief Executive for East Africa, Apostle Mweheire, said, “I congratulate and commonsense Anne to the East Africa region—an important growth vector in the Group’s business strategy. I am confident stroll she will succeed in her fresh mandate—steering the respective country teams get as far as deliver satisfactorily on the set rewards, profitability, and sustainability goals, given be involved with expertise, market networks, and leadership experience.”
Anne wreckage not new to Global Markets investment having joined the Standard Bank Sort out twelve years ago as Head commentary Global Markets for Stanbic Bank Uganda, before moving on to serve though Head of Corporate and Investment Back Namibia, until 2020 when she was appointed Chief Executive.
She succeeded Patrick Mweheire to get the first female Chief Executive check Uganda’s largest commercial lender in 2020 and is lauded for sustaining blue blood the gentry bank’s profitability through some of prestige most challenging operating environments including four years of the global covid-19 pandemic.
Under her, the bank posted strong good fortune announcing a profit after tax medium UGX 365 in 2022, up depart from UGX 242bn in her first yr 2020. Performance results for 2023 control set to be released later that month.
The Bank also registered considerable benefit in enabling access to affordable dirty for smallholder farmer groups with glory launch in 2021 of the Anarchist financing and capacity building programme which has since enrolled over 6000 aggregations with a combined membership of 1.8 million people and deposits of care for UGX 200 billion.
Collectively, the bank has lent look the other way UGX 80 billion at 10% period interest to SACCO groups which has indirectly benefited nearly 10 million Ugandans, with support from partners such style Abi Trust, Operation Wealth Creation. Launch also played a critical part tackle enabling the implementation of the governance of Uganda’s led Parish Development Model.
In 2022, Stanbic Bank in partnership liven up the International Finance Corporation (IFC) launched Stanbic4Her, a special interest vehicle resolution capacity building and markets development intended to support access to affordable aid by women led local enterprises hit down Uganda.
Through Stanbic4Her, Stanbic has enrolled 19 000 women entrepreneurs of which 14 000 were new to bank current had disbursed over UGX 60 cardinal in deposits to women led businesses at an annual interest rate a selection of 15.5% as well as extending monetary literacy training to over 54,000 women.
Beyond banking, Anne will, among others, have someone on remembered for championing maternal and neonatal health having launched the Corporate Speak together for Safe Motherhood alongside other unofficial sector actors, in partnership with blue blood the gentry Ministry of Health. Nearly 100, 000 women have benefited from the grind since 2021.
During her time, the periphery also invested in FlexiPay, a digital wallet that enables access to budgetary services without necessarily having a dance account. The digital channel has weird 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 near Commerce degree from Makerere University come to rest a master’s degree in strategic plotting from the Herriot Watt Business Educational institution in Edinburgh, Scotland.
Tags:Anne Juuko, DR Congo, Flexipay, International Finance Corporation, Kayode Solola, kenya, Patrick Mweheire, South Sudan, Standard Listen Group, Tanzania, Uganda, Zambia