Stanbic Bank Uganda has confirmed its CEO, Anne Juuko has been elevated to a new role within Standard Bank Group, as the global markets regional head for East Africa.
In a statement on Tuesday afternoon, the bank announced that Juuko’s appointment is effective April 1, 2024 and that her successor will be confirmed in due course.
As part of her new assignment, Juuko will oversee seven markets within East Africa, namely; Uganda, Kenya, Tanzania, DR Congo, South Sudan, Malawi and Zambia.
“I congratulate Anne on this skyward deployment within the Group Africa Regions Global Markets leadership where she will oversee seven markets including Uganda, Kenya, Tanzania, DR Congo, South Sudan, Malawi and Zambia,” Kayode Solola, Standard Bank Group executive head for global markets- Africa regions said.
Damoni Kitabire, the board chairman for Stanbic Bank Uganda, said, “We thank Anne and the leadership team in Uganda for the collaboration and leading their respective teams to considerable success and delivering for both our customers and shareholders.”
Patrick Mweheire, the Standard Bank Group regional Chief Executive for East Africa congratulated and welcomed Juuko to the East Africa region, describing it as an important growth vector in the Group’s business strategy.
“I am confident that she will succeed in her new mandate- steering the respective country team to deliver satisfactorily on the set revenue, profitability and sustainability goals, given her expertise, market networks, and leadership experience.”
Juuko, joined the Standard Bank Group 12 years ago as head of Global Markets for Stanbic Bank Uganda.
She would later serve as head of Corporate and Investment Banking Namibia, until 2020 when she was appointed Chief Executive at Stanbic Uganda.
During her time at Stanbic Bank, Juuko has steered the institution to greater heights including a record profit run.