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Money men: The 8 gentlemen who control 77% of Uganda’s banking industry

by Muhereza Kyamutetera 0
Stanbic's Patrick Mweheire. In the four years he has spent at the bank, Mr Mweheire has presided over sustainable growth, keeping the lender is the lead as Uganda's largest bank by assets, lending, deposits, income and profitability.
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Yes, they are all men. They are powerful. They run 8 of Uganda’s largest banks and they are paid handsomely too. The 8 CEOs are each paid on average a gross salary of UGX94.5 million a month or collectively UGX756.2 million Shillings per month and UGX9 billion a year.  This excludes performance bonuses. Meet the 8 perfect gentlemen and their well-lined wallets.   See

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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.

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