Stanbic Uganda bids farewell to three retiring board leaders

The “MaKaBo Triple Bash” as codenamed by Stanbic’s marketing team, was patronized by a carefully selected guestlist including clients, friends, and family of the retiring directors. Also in attendance were two ex-board chairs, Martin Aliker (2002-2008) and Hannington Karuhanga (2008 to 2014).
The three retiring Directors include celebrated Board leader Japheth Katto who served for nine years, six as Chairman of the Board of Directors Stanbic Bank Uganda Limited (SBU) and three years, in the same capacity, for Stanbic Uganda Holdings Limited (SUHL).

Also retiring was distinguished Mathematics Professor and Gospel teacher Patrick Mangheni who served as Chairman of the Board of Directors, Stanbic Bank Uganda Limited (SBU) for eight years, during which he also chaired the bank’s Engineering and Innovation Excellency Committee and was also a member of the Risk and Audit Management committees.

Ms. Sola David-Borha, the third retiree, served on the Board of Stanbic Uganda Holdings Limited (SUHL) and Stanbic Bank Uganda Limited (SBU) for three years during which she Chaired the Board Risk Management Committee for the bank. Speakers on the night included Andrew Mashanda (SUHL Chief Executive), Anne Juuko (Stanbic Bank Chief Executive), Patrick Mweheire (Stanbic Regional Chief Executive), Sanni Yinka (Chief Executive Africa Regions, and S

im Tshabalala, the Standard Bank Group Chief Executive who praised the retiring board leaders for their contribution and committed leadership.

“I believe I speak for everyone at Stanbic when I say that we cannot thank Japheth enough for his bold leadership, commitment, support, and humour that he brought to the boardroom. Thank you for the compassion and empathy that you extended to employees, which was at times way above your call of duty—”  Patrick Mweheire, Regional Chief Executive (East Africa), Standard Bank Group

.  L-R: Mr. Amos Nzeyi, Chairman Crown Beverages Limited; Mr. Patrick Mweheire, Regional Chief Executive Standard Bank Group; Mr. Damoni Kitabire, Chairman Stanbic Bank and Mr. Baker Magunda, Chairman Stanbic Uganda Holdings Limited    

Mr. Baker Magunda, Chairman Stanbic Uganda Holdings Limited (extreme left) and Mr. Damoni Kitabire, Chairman Stanbic Bank (extreme right) interact.

Mr. Patrick Mweheire, Regional Chief Executive Standard Bank Group (right) hands over a painting to Mr. Japheth Katto.  

L-R: Mr. Japheth Katto; Ms. Emma Mugisha, Executive Director Stanbic Bank; Ms. Anne Juuko, Chief Executive Stanbic Bank; Her Excellency Lulama Xingwana, Ambassador of South Africa to Uganda; and Stanbic Bank board members, Ms. Eva G. Kavuma and Ms. Elizabeth Ntege.

Past Stanbic Bank Chairmen, Mr. Martin Aliker, Mr. Hannington Karuhanga, Mr. Japheth Katto and Prof. Patrick Mangheni share a photo mo­ment with current Stanbic Bank Chairman, Mr. Damoni Kitabire (extreme right) and current Stanbic Uganda Holdings Limited Chairman, Mr. Baker Magunda (extreme left). 

Mr. Andrew Mashanda, Chief Executive Stanbic Uganda Holdings Limited (right) hands over a painting to Prof. Patrick Mangheni.

L-R: Ms. Mona Muguma Ssebuliba, Chief Executive aBi Finance Limited; Ms. Kim Kamarebe and Ms Josepha 

Ms. Anne Juuko, Chief Executive Stanbic Bank (right) hands over a painting to Ms. Sola David-Borha.

Mr. Damoni Kitabire, Chairman Stanbic Bank interacts with Prof. Barnabas Nawangwe, Vice Chancellor Makerere University and Mr. Joseph Tukuratiire.  

 Mr. Charles Mbire, Chairman MTN (U), shares a light moment with Prof. Samuel Sejjaaka, Chairman Nation Media Group, and Mr. Peter Kimbowa, Chairman NSSF

 Mr. Robert J. Busuulwa, Board Member Stanbic Uganda Holdings Limited in attendance.

 Mr. Andrew Kilonzo, Managing Director Uganda Breweries Limited in attendance.