dfcu Bank has announced the appointment of Hope Lorna Nakhayenze as its new Chief Risk Officer, effective March 1, 2025, as part of efforts to strengthen its risk management framework amid industry-wide reforms.
In her new role, Nakhayenze will oversee risk management under the direction of the Board Risk Committee, leading the development and implementation of a framework to measure, report, and control financial and non-financial risks. She will also be responsible for defining the bank’s risk appetite to align with its strategic objectives.
Nakhayenze brings over 17 years of experience in risk management, internal controls, and compliance. Her expertise spans finance, corporate treasury, audit assurance, and management consulting. She is a Fellow Chartered Certified Accountant (FCCA) and a Treasurer (Association of Corporate Treasurers), holding a Bachelor of Science in Civil Engineering from Makerere University.
Before joining dfcu Bank, she held senior positions at Ecobank Uganda Limited, where she served as Head of Risk & Internal Control, and at I&M Bank (Uganda) Limited, where she was Head of Risk and a Board Member of the Provident Fund. Her career also includes roles at Stanbic Bank, Barclays Bank, Hima Cement, and AH Consulting.
Nakhayenze’s appointment comes at a time of significant reforms in Uganda’s banking industry, with regulators emphasizing stronger risk management and governance frameworks. The Bank of Uganda has been advocating for banks to enhance their risk management capabilities, making this appointment a strategic move for dfcu Bank to ensure compliance and resilience.
The bank expressed enthusiasm about her appointment, stating:
“We are delighted to welcome Hope to our team. Her extensive experience and expertise in risk management will be invaluable in driving our risk strategy forward.”
With Nakhayenze at the helm of risk management, dfcu Bank aims to further bolster its risk controls, ensure regulatory compliance, and sustain its growth and stability in Uganda’s financial sector.
