Who is Anne Juuko? Flash Uganda Media looks at her biography, age, husband, family, tribe, achievements, and relationship with Apollo Nelson Makubuya, Joel Lutamaguzi, Kaitesi, Stanbic Bank Uganda and the early life and education of the current Director General of the East African Development Bank (EADB).
Anne Juuko is a prominent Ugandan investment banker and corporate executive who serves as the Director General of the East African Development Bank (EADB).
Appointed by the EADB Governing Council, she officially took office on 2 October 2026, succeeding a vacancy left at the regional development finance institution. With over two decades of financial sector experience, she is widely recognized as one of East Africa’s most influential trailblazers in banking.
Early Life and Education
Anne Juuko was born in 1981, in Zirobwe, Luweero District, Central Region of Uganda.
She got engaged to attorney Apollo Nelson Makubuya, a partner at Kampala, Uganda’s MMAKS Advocates, a firm that practices business law and a former lawyer to the Kingdom of Buganda in January 2022.
They later walked down the aisle on August 26, 2022, at Namirembe Cathedral in Kampala.
Anne and Joel Lutamaguzi, her ex-partner who worked for Stanbic Bank as well had two kids.
Before being accepted to Makerere University, the largest and most prestigious public university in Uganda where she earned a Bachelor of Commerce degree, she attended nearby primary and secondary schools.
Her second degree, a Master of Strategic Planning, was earned from the Edinburgh, Scotland-based Heriot-Watt University Business School.
Additionally, Ms. Juuko has completed a number of professional leadership and management courses and programs.
Career and Professional Work Experience
In 2001, Anne Juuko began her career in banking. She was vice president and head of fixed income, currencies, and commodities at Citibank Uganda Limited for a good time in the 2000s.
She was then relocated to Citibank Kenya Limited, where she worked for two years, from June 2010 to June 2012, as vice president of customer sales and derivatives marketing.
She joined Standard Bank Group in 2012 and held that position till December 2017 as the head of global markets for Stanbic Bank Uganda.
She began a new position in January 2018 as Standard Bank Namibia’s Head of Corporate and Investment Banking, which she held until February 2020.
From March 1, 2020, Anne Juuko began serving as managing director and CEO of Stanbic Bank Uganda Limited, the largest commercial bank in the nation by assets, which were valued at US$1.6 billion in June 2019.
Juuko, the first female from Uganda to hold this post, replaced Patrick Mweheire. At Standard Bank Group, Mweheire was instead appointed Regional Chief Executive, in charge of Ethiopia, Kenya, Tanzania, Uganda, and South Sudan.
Key Career Milestones
- Director General, EADB (2026–Present): She leads the regional development bank at a critical juncture focused on driving economic integration, capital market expansion, and sustainable development across member states.
- Regional Head of Global Markets, Standard Bank Group (2024–2025): Based in Nairobi, Kenya, she managed global markets across a seven-country block including South Sudan, DRC, Uganda, Kenya, Tanzania, Malawi, and Zambia.
- CEO, Stanbic Bank Uganda Limited (2020–2024): She made history as the first female Ugandan to hold this office. During her tenure, she oversaw massive growth in the country’s largest commercial bank, leading digital transformation and guiding the bank to record financial performances.
- Prior Banking Experience: Her career includes foundational leadership roles such as the Head of Corporate and Investment Banking at Standard Bank Namibia, as well as several executive positions at Citibank Uganda and Citibank Kenya.
Achievements and Awards
Anne Juuko earned the Primary Dealer of the Year title at Stanbic Bank Uganda for six years while running as the head of global markets.
For the year that ended in April 2023, Anne Juuko, the CEO of Stanbic Bank, was placed 21st among Africa’s Definitive Women CEOs.
She was also awarded as the ‘Best Woman CEO’ of the year 2021,
In June 2022, Juuko received an award as the first runner-up in the African Business Leadership Awards (ABLA).
Since joining Stanbic, the bank’s deposits have increased by 22%, from UGX4.72 trillion, the amount she inherited to UGX5.74 trillion.
She oversaw a 30% increase in lending, from UGX2.85 trillion to UGX3.72 trillion. From the UGX5.39 trillion in assets she inherited from Patrick Mweheire to the UGX8.71 billion at the end of 2021, the expansion in lending was a major factor in the 31% increase in assets.
Under her leadership, total income increased by 12%, from UGX 842.6 billion to UGX 946.6 billion. Due to the impact of COVID-19 (the bank took the brunt of the outbreak), profitability decreased marginally in 2020 from UGX258.7 billion but increased 13.9% in 2021 to UGX275.4 billion.
Controversies
During Anne’s wedding celebrations with Apollo, there were charges on social media from a reportedly dissatisfied woman who claimed Apollo was her man.
The same lady, known only as Kaitesi, claimed that Anne exploited her position and money to establish her union with Apollo, thus stealing him.
Editor’s Note: Please contact flashugnews@gmail.com if you find any of the content to be inaccurate or outdated.
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