dfcu bank has officially announced Mathias Katamba (in featured photo) as its new Chief Executive Officer, replacing retiring Juma Kisaame.
Katamba, who recently quit Housing Finance Bank as Managing Director will officially start work at dfcu on January 2, 2019, according to a statement dated October31, 2018 issued by Dr. Elly Karuhanga, the dfcu Limited Board Chairman.
“The Board is confident that he shall continue to grow the Bank and build on the successor of his predecessor,” Karuhanga said.
Commenting on Kisaame’s decision to retire, Karuhanga said: “The Board would like to thank Mr. Juma Kisaame for his invaluable service to the banking industry over the last thirty years, twenty (20) of which he diligently served dfcu.”
He adds that during Kisaame’s eleven year tenure as the Chief Executive Officer of dfcu bank, he oversaw the exponential growth of dfcu Bank which has grown to be Uganda’s second largest Bank, making a significant contribution to the growth of many businesses in various sectors of the economy.
“Mr. Kisaame will continue to guide the bank’s growth initiatives and operating plans during the transition period which is expected to be finalized by 31st of March 2019,” the Bank said.
Last week, David Geoffrey Opiokello, the Housing Finance Bank Chairman Board of Directors said Michael K Mugabi had been appointed Katamba’s successor-in acting capacity.
Who is Katamba?
Katamba’s banking career experience spans over 18 years.
He has served the banking sector in various capacities at various institutions including Orient Bank, Post Bank, Barclays Bank, Pride Micro Finance, Finance Trust Bank and Housing Finance Bank.
He holds an MSc (Financial Management) degree from the University of East London with additional qualifications from Harvard University’s John F. Kennedy School of Government and the University of Pennyslavia’s The Wharton School.
Katamba currently serves as Chairman of the Uganda Institute of Banking and Financial Services.