Following several denials of leadership changes at dfcu Bank, the board today confirmed that the under-pressure long serving Juma Kisaame will be leaving the top helm of the bank.
According to a statement released by dfcu Bank Board Chairman Jimmy D. Mugerwa, Juma Kisaame will be leaving dfcu in the first quarter of 2019 on retirement and will be succeeded by Mr. Mathias Katamba.
Mr Katamba will take over the leadership role at dfcu Bank as CEO starting from January 2, 2019.
Even though the statement released by the bank says that Juma has elected to step down by resignation, insider sources confided in this website that Juma Kisaame has been forced to step down by the board, following the controversial acquisition of Crane Bank that has since cast the bank in negative limelight.
“Juma Kisaame was meant to retire early 2017, but his acquisition of Crane Bank bought him more time. Ironically it is the same acquisition that has led to his ouster,