Mweheire to head Stanbic Bank Group

BANKING

Patrick Mweheire is the new Regional Chief Executive of Stanbic Bank Group, the bank's board of directors have announced today in a statement.

Mweheire, a former managing director Stanbic Uganda, replaces long-serving Chief executive Greg Brackenridge who recently retired after 25 years of serving the largest bank in Uganda by assets and market capitalisation.

Mweheire, who joined the bank in 2012, previously served as the Executive director and head of corporate and investment banking (CIB), a position he held till December 2014 when he was appointed the Chief Executive for Uganda.

With effect from 1 March 2020, Mweheire will oversee Uganda, Kenya, Tanzania, South Sudan, and Ethiopia. He will be based in Nairobi.

According to the press release, Anne Jjuko, who has been the head of corporate and investment banking in Namibia has also been appointed to head Stanbic Uganda.

Jjuko joined Stanbic Bank in 2012 as Executive and Head, Global markets. She has been in her current position since 2018.

"We extend our appreciation to both Patrick and Anne for their contribution to the Standard Bank Group in their respective roles," Sola David Borha, the Stanbic bank Chief Executive, Africa Regions, wrote.