OPPORTUNITY BANK Archives – CEO East Africa

Uganda’s undercapitalised banks in a last-minute scramble to beat June 30th 2023 deadline

by Muhereza KyamuteteraIndustry & Analysis The Big StoryJune 20, 2023June 20, 2023

With only a few days left to the June 30th 2023 compliance deadline for banks that failed to raise UGX120 billion in both share capital and core capital by December 31st 2022, a number of the affected banks are in last-minute mad dashes to raise the capital needed or else…

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dfcu Bank Appoints Ruth Asasira Manager Women in Business & Special Programs

by CEO ReporterCompany News News & AnalysisFebruary 7, 2022February 7, 2022

Ruth Asasira has been appointed as Manager Women in Business and Special Programs at dfcu Bank. Ruth has 12 years of experience in the financial services sector, and is a dynamic microfinance practitioner, certified financial literacy trainer, with experience in product and business development. She is passionate about Youth and…

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Opportunity Bank appoints microfinance and financial inclusion expert, Robert Ongodia as its Managing Director; Tineyi Mawocha elevated to Regional Director, Africa

by Muhereza KyamuteteraFinance The Big StoryOctober 2, 2020October 2, 2020

Opportunity Bank has appointed microfinance and financial inclusion expert, Robert Ongodia as its new Managing Director for Uganda, to replace Tineyi Mawocha.Mr. Mawocha, remains the Regional Director, Africa, a role he has playing concurrently since July 2019.Phillip Karugaba, the bank’s Board Chairman confirmed the appointment to CEO East Africa Magazine.“Yes,…

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Opportunity Bank banks on technology and customer service to win in the big boys league

by Muhereza KyamuteteraFinance The Big StoryDecember 17, 2019December 20, 2019

Effective September 13th, Opportunity Bank Uganda Limited (OBUL) – previously a tier 2 credit institution, started operating as a fully-fledged commercial bank, licensed by Bank of Uganda- the industry regulator. Although newly licensed as the 26th commercial bank, Opportunity Bank won’t have to start from scratch, thanks to its 24-year…

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