Equity Bank Uganda Limited Assigned Anthony Kituuka as the New Managing Director Superseding Samuel Kirubi who has been Appointed Group Chief Operating Officer
By Abdul Rahman Bangura-
NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– The statement of the nomination was made by the Board of Directors and the Board Chairman, Mark Ocitti on Monday November 21st, 2022.
“We are happy to announce the appointment of Anthony Kituuka as the new Managing Director of Equity Bank Uganda with immediate effect subject to Bank of Uganda approval. We are confident that he will build on his institutional knowledge and work together with his immediate predecessor and Equity Uganda staff to push Equity Uganda to the next level of growth,” he announced.
Ocitti added: “We are confident that his experience in banking and the corporate world will enable him to lead the bank to scale and serve more people in pursuit of our purpose of transforming lives, giving dignity, and expanding opportunities for wealth creation.”
Prior to his appointment, Kituuka fulfilled as the Executive Director Equity Bank Uganda Limited from 2016. Prior that, he was the Executive Director for Regional Subsidiaries from 2014 to 2016.
He is a career banker with over fifteen years of experience and holds an MBA in Oil and Gas from Middlesex University, London and a Bachelor’s Degree in Statistics and Applied Economics from Makerere University, Uganda, according to a statement by the bank management.
Kituuka is furthermore, a Fellow of the Association of Chartered Certified Accountants Certificate (FCCA) and has obtained, an Advanced Management Program from Strathmore, Lagos and IESE (Spain) Business Schools as well as several other executive leadership programs at Gordon Institute of Business and INSEAD.
For New Africa Business News (NABN) Abdul Rahman Bangura Reports, Africa Correspondent