Annet Nakawunde Mulindwa is the Managing Director and Chief Executive Officer (CEO) of Finance Trust Bank.
In the early 1990s, Nakawunde started out her career at Pride Microfinance Limited and later moved to Nile Bank Limited, before joining what was then known as Uganda Finance Trust.
At Finance Trust, she worked in different capacities, rising to become its CEO in April 2012 and eventually leading it to become a commercial bank on 11th November 2013 when it was granted a commercial banking license by Bank of Uganda.
She also became its first Managing Director/CEO as well as the second Ugandan woman, in Uganda’s banking history rise to the rank of CEO.
During her tenure, customer deposits have grown by more than 170% from UGX46.1 billion in 2013, to UGX124.3billion in 2018. This has supported a 102.8% growth in lending, from UGX60.2billion in 2013 to UGX122.7billion in 2018 and subsequently, a 124% rise in bank assets from UGX92.2 billion in 2013 to UGX206.5 billion in 2018.
Bank profitability has also grown from UGX1.7billion in 2013 to UGX5.8billion in 2018. As at 31st December 2018, Finance Trust Bank was Uganda’s 13th most profitable bank out of 24 banks, 5 of which were loss making.
She graduated with a Bachelors of Arts degree from Makerere University, an MBA (Finance) and a Postgraduate Diploma in Financial Management, both from Uganda Management Institute (UMI), Kampala.