• Latest
Mumba Kalifungwa Takes Over as Chief Executive at Stanbic Bank Uganda

Mumba Kalifungwa Takes Over as Chief Executive at Stanbic Bank Uganda

7 months ago
Protecting the Gains: Museveni Urges Lango to Embrace Wealth Creation

Protecting the Gains: Museveni Urges Lango to Embrace Wealth Creation

6 hours ago
AIGP Charles Kataratambi Passes Away

AIGP Charles Kataratambi Passes Away

6 hours ago
Vivo Energy Sponsors CoRSU Walk 2025 in Support of Children’s Surgeries

Vivo Energy Sponsors CoRSU Walk 2025 in Support of Children’s Surgeries

16 hours ago
Jane Goodall, World-Renowned Chimpanzee Expert, Dies at 91

Jane Goodall, World-Renowned Chimpanzee Expert, Dies at 91

24 hours ago
Nyege Nyege Festival to Mark 10th Anniversary at Kalagala Falls

Nyege Nyege Festival to Mark 10th Anniversary at Kalagala Falls

1 day ago
Uganda Secures ICAO Council Seat, Strengthening Global Aviation Voice

Uganda Secures ICAO Council Seat, Strengthening Global Aviation Voice

1 day ago
SoftPower News
Thursday, October 2, 2025
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
SoftPower News
No Result
View All Result
Home Business

Mumba Kalifungwa Takes Over as Chief Executive at Stanbic Bank Uganda

by Our Reporter
March 4, 2025
Mumba Kalifungwa Takes Over as Chief Executive at Stanbic Bank Uganda

Stanbic Uganda Holdings Limited (SUHL) senior leadership pose for a group photo with the Mumba Kalifunga

258
VIEWS

Mumba Kenneth Kalifungwa has officially taken over as Chief Executive of Stanbic Bank Uganda, the country’s largest lender by assets, revenue, and deposits. His appointment was first announced in December last year.

Expressing his enthusiasm for the new role, Mumba stated, “I am delighted to join Stanbic Bank Uganda. With the support of my colleagues and stakeholders, this position presents an opportunity to enhance leadership that drives positive impact for our employees, customers, and the nation.”

Related Stories

Protecting the Gains: Museveni Urges Lango to Embrace Wealth Creation

AIGP Charles Kataratambi Passes Away

Vivo Energy Sponsors CoRSU Walk 2025 in Support of Children’s Surgeries

Patrick Mweheire, Standard Bank’s Regional Chief Executive for East Africa, welcomed Mumba’s arrival, describing it as timely.

Patrick Mweheire, Regional Chief Executive for East Africa, welcomes Mumba Kalifungwa as new Chief Executive for Stanbic Bank Uganda

“Uganda’s economy continues to show remarkable resilience despite global economic challenges. Strong macroeconomic stability, infrastructure investments—including developments in the oil and gas sector—and improved trade prospects provide opportunities for us to collaborate with stakeholders in deploying our resources effectively, fostering growth, and creating sustainable livelihoods for Ugandans,” Mweheire said.

Francis Karuhanga, Chief Executive of Stanbic Uganda Holdings Limited (SUHL), expressed confidence in Mumba’s leadership while appreciating the support of shareholders during the transition.

SUHL Chief Executive Francis Karuhanga (Centre-left) welcomes Mumba (centre-right) as Company Secretary Rita Kabatunzi (R) and Head of People and Culture Sylvia Mulomi (Left) look on.

“The bank is our anchor subsidiary, and securing a substantive Chief Executive is a major milestone. I extend my gratitude to our stakeholders who have supported this process and invite them to continue partnering with us in driving Uganda’s economic growth,” Karuhanga noted.

Stanbic Bank Board Chairman, Damoni Kitabire, commended the management team for ensuring stability throughout the transition period, emphasizing the bank’s strong governance framework.

Stanbic Bank Board Chair Damoni Kitabire, In coming CE – Mumba Kalifunga Stanbic Regional CE for East Africa Patrick Mwehairwe and SUHL CE- Francis Karuhanga pose for a group photo

“On behalf of the Board, I welcome Mumba to Stanbic Bank Uganda. I also commend our management team and the entire staff for their resilience during this transition,” Kitabire concluded.

Tags: Damoni KitabireMumba Kenneth KalifungwaPatrick MweheireSoft PowerSoftPower NewsStanbic Bank UgandaTop Uganda NewsUganda

Recent Stories

Protecting the Gains: Museveni Urges Lango to Embrace Wealth Creation

AIGP Charles Kataratambi Passes Away

Vivo Energy Sponsors CoRSU Walk 2025 in Support of Children’s Surgeries

Jane Goodall, World-Renowned Chimpanzee Expert, Dies at 91

Nyege Nyege Festival to Mark 10th Anniversary at Kalagala Falls

Uganda Secures ICAO Council Seat, Strengthening Global Aviation Voice

SoftPower News Logo

SoftPower News is a subsidiary of SoftPower Communications LLC, a Ugandan digital media group. Keep posted of the latest from Uganda and East Africa.
Plot 4B Malcolm X, Kololo
P.O Box 1497, Kampala - Uganda
Tel: +256-392-001-701
Email: info@softpower.ug

This news site is licenced by Uganda Communications Commission (UCC)

ADVERTISEMENT
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
  • Regional
  • Defence & Security
  • Sport
  • Entertainment
  • More

© SoftPower News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

error: Content is protected
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women

© SoftPower News

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?