David Wandera appointed Managing Director of Absa Bank Uganda
David Wandera has been appointed as Managing Director of Absa Bank Uganda effective 5 May 2025, following the necessary regulatory approval from the Bank of Uganda. David is an accomplished banker with over 20 years of diverse experience in business leadership, financial management, strategy and stakeholder engagement. Prior to this
Absa Bank Unveils Digi Loans, Online Account Opening to Accelerate Digital Banking Access
In a move to meet the growing demand for fast, convenient, and paperless banking, Absa Bank Uganda has introduced two new digital innovations: Digi Loans and Online Account Opening. The fully self-service solutions, accessible via the Absa Mobile Banking App, Internet Banking, and Hello Money (USSD), enable customers to manage
Absa Group Appoints Kenny Fihla as Group Chief Executive Officer
Absa Group has appointed Kenny Fihla, a senior financial services executive with 20 years of experience, as its new Group Chief Executive Officer (GCEO), effective 17 June 2025, pending regulatory approval. “Kenny is a recognised leader with substantial Pan-African banking experience, strong relationships across the financial ecosystem, and a proven
Absa Group Reports 10% Increase in 2024 Earnings
Absa Group reported a 10% increase in earnings for 2024, driven by a strong recovery in the second half of the year. This improvement follows a challenging first half, highlighting the Group’s ability to adapt and execute strategic initiatives effectively. Earnings growth was supported by both a more favorable operating
