Stanbic appoints Mumba Kalifungwa new CEO

“The Board is confident the bank will continue to thrive under Mumba’s leadership as we pursue our purpose of driving Uganda’s growth," the statement reads in part.

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Stanbic Bank Uganda’s Board of Directors has announced the appointment of Mumba Kenneth Kalifungwa (Pictured) as its new chief executive officer and member of the board, effective March 1, 2025. (Credit: Ali Twaha)