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Standard Bank Group appoints Anne Juuko to new role as Global Markets Head for East Africa

by admin
March 6, 2024
in Uganda
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By CHIMPREPORTS

The Standard Bank Group has announced the appointment of Anne Juuko, the Chief Executive of Stanbic Bank Uganda, to a new leadership role as Global Markets Regional Head-East Africa. The effective date of the appointment is April 1, 2024, and a successor for Stanbic Bank Uganda CEO will be announced soon.

Kayode Solola, the Standard Bank Group Executive Head for Global Markets—Africa Regions, congratulated Anne on her new role, where she will oversee seven markets, including Uganda, Kenya, Tanzania, DR Congo, South Sudan, Malawi, and Zambia.

Damoni Kitabire, the Board Chairman for Stanbic Bank Uganda, expressed gratitude to Anne and her senior management colleagues for their collaboration and leadership, leading to considerable success for both customers and shareholders.

Patrick Mweheire, the Standard Bank Group Regional Chief Executive for East Africa, welcomed Anne to the East Africa region, emphasizing her expertise, market networks, and leadership experience that will contribute to achieving revenue, profitability, and sustainability goals.

Anne Juuko has a significant management record, having joined the Standard Bank Group twelve years ago as the Head of Global Markets for Stanbic Bank Uganda. She later served as Head of Corporate and Investment Banking in Namibia before being appointed Chief Executive in 2020, succeeding Patrick Mweheire. Anne is credited with sustaining the bank’s profitability during challenging operating environments, including the global COVID-19 pandemic.

Under Anne’s leadership, Stanbic Bank Uganda achieved strong financial results, with a notable increase in profit after tax from UGX 242 billion in 2020 to UGX 365 billion in 2022. The bank also successfully facilitated access to affordable credit for smallholder farmer groups through initiatives like the SACCO financing and capacity-building program.

Stanbic Bank, under Anne’s direction, launched Stanbic4Her in partnership with the International Finance Corporation (IFC), a program supporting access to affordable credit for women-led enterprises in Uganda. Additionally, she championed maternal and neonatal health, launching the Corporate Society for Safe Motherhood, benefiting nearly 100,000 women since 2021.

Anne Juuko holds a Bachelor of Commerce degree from Makerere University and a master’s degree in strategic planning from the Herriot Watt Business School in Edinburgh, Scotland.

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