Anne Juuko female CEO Stanbic Bank
Anne Juuko replaces Patrick Muheirwe as CEO of Stanbic Bank Uganda. File Photo

Anne Juuko replaces Patrick Muheirwe as the new first female CEO of Stanbic Bank Uganda

Anne Juuko has been named new Stanbic Bank Uganda Chief Executive Officer (CEO) replacing Patrick Muheirwe who left to work as the regional Chief executive for Stanbic Bank Group. 

Anne Juuko who now goes in history as the first female CEO of Stanbic bank emerged winner after a highly competitive recruitment process that pitted her against several of her peers within the bank.

While announcing Juuko as the new CEO, Japheth Kato, the Stanbic Bank board chairperson said that she brings a whole vast of experience in the financial industry with regional and global expertise in banking for 20 years.

Mr Kato who also looked happy about Juuko’s appointment stressed that she is the best person to lead the bank towards achieving its goals.

“Throughout her career, Ms Juuko has exhibited exemplary performance, winning the highly coveted accolades such as the Primary Dealer of the Year award for six consecutive years,” Kato’s statement read on 25th February.

“She has also demonstrated exceptional leadership and stellar performance that will see her set to achieve Stanbic Bank Uganda’s strategy and vision,” the statement said noting that she brings a wealth of experience spanning 20 years in the financial industry,” added.

Anne Juuko female CEO Stanbic Bank
Anne Juuko replaces Patrick Muheirwe as CEO of Stanbic Bank Uganda. File Photo

Juuko has been part of the Standard Bank Group for over eight years having joined as head of global markets for Stanbic Bank Uganda.

She was later appointed head of corporate and investment banking at Standard Bank in Namibia before her appointment to head Stanbic Uganda.

Jjuuko joined Standard Bank Group, the mother company for Stanbic Bank Uganda eight years ago as the head of the global market but was later appointed as the head of Corporate Investment Banking at Standard Bank in Namibia.

She holds a Bachelor of Commerce degree from Makerere University and a master’s degree in strategic planning from Herriot Watt Business School in Edinburg, Scotland.

She started her banking career in 2001, and worked in various roles before being appointed as Vice President, Head Fixed Income, Currencies and Commodities at Citibank Uganda Limited and was later seconded to Citibank Kenya as Vice President, Customer Sales and Derivatives Marketing.

She later joined Stanbic Bank in 2012.

Anne Juuko replaces Patrick Mweheire who has been elevated to the position of regional chief executive, Standard Bank Group and will be sitting in Nairobi.

Besides, Kato thanked the departed Mweheire for his exemplary leadership skills adding that the latter has also been instrumental in transforming Stanbic Bank Uganda.

Meanwhile, he explained that in his new role now, Mweheire will be responsible for Standard Bank Group‘s growth strategy in East Africa as a whole including South Sudan and Ethiopia.

By John Dalton Kigozi