Michael Atingi-Ego

Godfrey Sebaana, DTB Uganda’s new CEO commits to more customised products and enhanced customer experience

by Muhereza KyamuteteraCompany NewsFinanceNews & AnalysisMay 24, 2024May 24, 2024

Godfrey Sebaana, the incoming Chief Executive Officer of Diamond Trust Bank Uganda (DTBU) has committed to building on the foundation left by his predecessor, Varghese Thambi to create an even…

How I grew Diamond Trust Bank Uganda by 40 times in 17 years⏤ Varghese Thambi’s Untold Story

by Muhereza KyamuteteraNews & AnalysisProfilesThe Big StoryMay 24, 2024May 24, 2024

It all started with a call from a recruitment agency executive.  At the time, Thambi had spent 30 years in the banking industry, rising to become a Senior Vice President…

Centenary Group marks 40 years of transforming banking sector

by CEO ReporterFinanceDecember 12, 2023December 12, 2023

Centenary Group, the parent company to Centenary Bank, recently celebrated its 40th anniversary with a lavish event to commemorate its four-decade impact on the Ugandan financial sector. Having transformed from…

Ensure right structures, BOU Deputy Governor tips organisations on resilience at LEAD Convention 2023

by CEO ReporterNews & AnalysisJuly 29, 2023July 29, 2023

Michael Atingi-Ego, Deputy Governor of the Bank of Uganda (BOU) has called on business organisations to have the right structures, and processes that can help them anticipate and prepare for,…

BOU pushes Central Bank Rate to 10% as Inflation rises to 10%

by Nelson NambooleFinanceNews & AnalysisOctober 6, 2022October 6, 2022

Bank of Uganda – BOU has yet again increased Central Bank Rate – CBR to 10% from 9% where it has been for less than two months. Earlier in August…

MILESTONE: ICPAU marks 30 years of producing great brains in financial management

by Nelson NambooleNews & AnalysisSeptember 1, 2022September 1, 2022

The Institute of Certified Public Accountants of Uganda – ICPAU, a national professional accountancy organisation has commemorated 30 years of existence. This was during the 27 ICPAU Annual Seminar held…

Managing Inflation: Bank of Uganda pushes CBR to 9 percent

by Nelson NambooleNews & AnalysisAugust 13, 2022August 13, 2022

The Bank of Uganda has increased the Central Bank Rate (CBR) by 50 basis points to 9 percent. The revelation was made by Michael Atingi-Ego – Deputy Governor in a…

Uganda’s interbank lending gets major boost as Tradeclear platform covers risk

by CEO ReporterNews & AnalysisJune 16, 2022June 16, 2022

15 Ugandan banks have signed onto the TradeClear platform to ease and boost interbank trade within the country. TradeClear is an interbank trading platform managed by financial services company Frontclear…

Kampala To Host Global Conference on Savings and Retail Banking

by CEO ReporterNews & AnalysisThe Big StoryApril 25, 2022April 25, 2022

The World Savings and Retail Banking Institute (WSBI) through its financial inclusion programme, Scale2Save, is holding a 2-day conference on 27 – 28th April 2022, at the Kampala Serena Hotel….

Deputy BoU Governor urges Suppliers to Embrace Technology

by CEO ReporterFinanceApril 6, 2021April 6, 2021

The Deputy Governor Bank of Uganda (BoU), Michael Atingi-Ego has urged suppliers to embrace technology and invest in the required equipment, systems, and training because it will not be long…