Albert Saltson Archives – CEO East Africa

Mathias Katamba’s term as Bankers’ Association Chairman ends on a high as Citibank’s Arapta elected the new chairperson

by Muhereza KyamuteteraFinance Industry & Analysis News & Analysis The Big Story Women Fixing Uganda Women in Business Women In LeadershipMay 17, 2022May 17, 2022

Members of the Uganda Bankers’ Association (UBA) held their Annual General Meeting on the 13th of May 2022 and elected Sarah Arapta, as the new Chairperson of the association’s Executive Committee.Arapta, the Chief Executive Officer of Citibank Uganda, takes over from Mathias Katamba, the Managing Director of dfcu Bank, whose…

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Standard Chartered Bank awarded best performing PDMM in Uganda securities 2020/2021

by CEO ReporterCompany News News & AnalysisJanuary 20, 2022January 20, 2022

Standard Chartered Bank Uganda Limited has been announced as the best performing Primary Dealer Market Maker (PDMM) in Uganda Government securities during the period October 2020 to September 2021.The announcement was made by Dr. Michael Atingi-Ego, Bank of Uganda (BOU) Deputy Governor, during the 1st Annual Award Event to Recognise…

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HERE FOR GOOD: Standard Chartered Bank CEO, Albert Saltson talks building world-class products and going the extra mile as the Bank’s Customer Service Month gets underway

by Muhereza KyamuteteraFinance Industry & Analysis The Big StoryOctober 13, 2021October 13, 2021

Standard Chartered Bank has declared this October as the customer service month- What is the genesis of this initiative and why dedicate such a long period, where most businesses usually talk of Customer Service Week? Customers continue to be at the heart of our strategy, and we have continuously reaffirmed our…

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Standard Chartered Bank Uganda launches Kiosk Banking at Capital Shoppers in Ntinda

by CEO ReporterCompany News News & AnalysisSeptember 25, 2021September 25, 2021

Standard Chartered Bank Uganda has unveiled its first Kiosk Bank outlet located at Capital shoppers in Ntinda. This launch marks the fruition of another strategic alliance/partnership between the Bank and Capital Shoppers which will see the Bank set up a number of similar outlets at various locations over time.Kiosk banking…

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Standard Chartered’s digital-first leap of faith begins paying off; bank bounces back to No.3 position

by CEO ReporterFinance ICT The Big StoryMay 5, 2021May 9, 2021

Standard Chartered Bank Uganda (SCBU), a subsidiary of the out-of-London global banking giant, Standard Chartered Plc, has bounced back into the industry’s top three largest banks, according to its just-released 2020 results.The results, published on April 30th 2021, show that SCBU regained its No.3 position in assets and deposits, which…

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Standard Chartered Bank Uganda Sweeps 4 Acclaimed Global and Local Banking Awards

by CEO ReporterCompany NewsDecember 17, 2020December 17, 2020

Standard Chartered Bank Uganda has swept four (4) international and local prestigious awards from the Financial Times’ Banker Awards, Global Finance and Digital Impact Awards Africa. They include; The Banker’s Bank of the Year Awards 2020 by Financial Times, Digital Brand of the Year 2020 in Uganda by Digital Impact…

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HERE FOR GOOD: How Standard Chartered Bank is making it easy for customers in Uganda to cope during Covid-19

by Muhereza KyamuteteraFinance The Big StoryApril 20, 2020April 20, 2020

The Central Bank on April 6th released its April 2020 monetary policy statement that among others, reduced the CBR to 8%. It also announced other measures to mitigate especially the negative effects of Covid-19. In your view, do you think the measures are sufficient to deal with the problem at…

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PEOPLE, MONEY & POWER: Uganda’s 45 Most Powerful and Influential People in Banking, 2019

by Muhereza KyamuteteraThe Big StoryNovember 17, 2019January 15, 2023

The total assets of Uganda’s financial services industry reached UGX.45.81 trillion, or 44.3 percent of Uganda’s GDP, as at end December 2018.The banking sector, dominated 69% of these assets, followed by Pension Funds at 22%, then Funds under Management (6%) and lastly the insurance sector at 3%, according to Bank…

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

by Muhereza KyamuteteraCEOs Company News Finance Manufacturing The Big Story The CEO 100 IndexMay 6, 2019June 4, 2019

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…

EXCLUSIVE: Earnings of CEOs and Executive Directors of 23 of 24 of Uganda’s banks

by Muhereza KyamuteteraCEOs Company News Finance Manufacturing The Big Story The CEO 100 Index Top 10May 6, 2019May 15, 2019

43 Managing Directors and Executive Directors of 23 of Uganda’s 24 banks, earned an average of UGX61 million or a combined UGX2.6 billion per month. This adds up to a total of UGX31.5 billion a year, according to painstaking research by CEO East Africa Magazine. Also read: https://www.ceo.co.ug/2018-ugandas-19-banks-rake-in-ugx790bn-profit-5-banks-still-loss-making/According to the…

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