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Tag Archives: Absa

David Wandera is new MD for Absa Bank Uganda

Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has appointed David Wandera as Managing Director 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 appointment, …

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Henry Tumusiime is Absa Bank’s new Human Capital Director

Kampala, Uganda [April 16, 2025 | Absa Bank Uganda has appointed Henry Tumusiime as the new Human Capital Director, effective 16 April 2025. With experience of over 18 years in organizational leadership and development, human resource management and cultural transformation, Henry joins Absa Bank Uganda from Abacus Pharma (Africa) Limited, …

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PROFIT: Absa Bank Uganda reports 22% growth

Financial results for the year ended December 31, 2024 show revenue climbs 15% to sh546 billion 🔴Highlights of Absa Bank Uganda 2024 Performance ✳ Profit After Tax: Increased by 22%, to UGX 178 billion. ✳ Revenue: A growth of 15.1%, driven by growth in customers, transactional activity, and credit support. ✳ Customer Loans: …

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