Governance

Since 1896, KCB Bank group has grown to become the region's largest banking institution with an asset base of KES 607 billion (+USD 5.9B), a market capitalization of KES 142 billion (+USD 1.3B) and broad regional distribution in 6 Eastern Africa countries (over 269 branches, 11489 agents and 962 ATMs).

Our commitment to sound corporate governance goes back to our very early days. This commitment is reflected and explained in the KCB Annual Report and also informs our day-to-day business behavior.

Our corporate governance report covers the following areas:

  1. Corporate Governance Statement
  2. Directors Shareholding
  3. Community Social Development Report

    Board of Directors

  • Aga Sekalala Jr. Aga Sekalala Jr. CHAIRMAN ×

    CHAIRMAN

    Mr. Sekalala Jr. is a holder of BSC Chemical Engineering from the University of New Mexico Albuquerque, USA and an Alumni of Harvard Business School.
    He is also the Executive Director of Ugachick Poultry Breeders Ltd, Executive Chairman of Africa FM Ltd - Radio Simba, Director at Sekalala Ltd, and Director at Uvan Ltd. Mr. Sekalala also sits on the Board of the Uganda Investment Authority and Uganda Manufacturers Association.

  • Dr. Jeff Sebuyira Mukasa Dr. Jeff Sebuyira Mukasa DIRECTOR ×

    DIRECTOR

    He was appointed to the Board of KCB Bank Uganda in the year 2011. He holds a Doctorate in Business Leadership, an MBA and a Bachelor of Commerce Degree. He is also a Fellow of Chartered Institute of Certified Accountants of UK (FCCA). He has held several senior roles in multinational organizations, and this has exposed him to a range of Strategic leadership dynamics.

  • Apollo Obbo Apollo Obbo DIRECTOR ×

    DIRECTOR

    Apollo Obbo holds a Bachelor’s Degree in Commerce and a Master of Arts in Economics of Makerere
    University. He is a seasoned banker with a 28 year experience. He played a pivotal role in Bank of Uganda’s
    success story of a sound and stable financial sector.
    Prior to his appointment as director KCB Bank Uganda, Apollo Obbo worked with the Bank of Uganda.
    Obbo joined Bank of Uganda in 1984 as a Banking officer and sailed through positions to be the Director
    / Head of the Supervision Department in 2005 a position he held till 2011.

  • Protus Sigei Protus Sigei DIRECTOR ×

    DIRECTOR

    Protus Sigei has worked in Kenya’s public service for over two decades. He holds a B.A (Hons) degree in Economics (with Mathematics) from the University of Nairobi and a Master of Science from the University of York, U.K. He has served in the KCB Group Board since May 2009 and joined the KCB Bank Uganda Board in February 2013. Currently he chairs the Group Credit Committee, and also the Board Human Resources and Compensation Committee of the KCB Bank Uganda.  He was one of the pioneer seven (7) individuals selected by the Government of Kenya in 2004 to be trained, at the Boston Institute for Developing Economies, as trainers in Performance Contracting; subsequent to which he helped introduce and roll out performance contracting in Kenya’s public service. He is a member of the Society for Benefit-Cost Analysis, a professional society of academics and practitioners, headquartered at the University of Washington at Seattle, USA. 

  • Gertrude Karugaba Gertrude Karugaba DIRECTOR ×

    DIRECTOR

    Gertrude is qualified as a commercial lawyer and is a Partner and the Corporate and Commercial Practice Head at Sebalu & Lule Advocates.

    Gertrude holds a Master of Law of the University of Cambridge (Queens), a Bachelor of Laws of Makerere University and a Post-Graduate Diploma in Legal Practice.

    Gertrude is a member of the Uganda Law Society and the East African Law Society and is a Commissioner for Oaths and Notary Public.

    Gertrude serves on the boards of Lion Assurance Company, Financial Sector Deepening Uganda Limited, KCB Bank Uganda Ltd and League of East African Directors.

  • Paul Russo Paul Russo DIRECTOR ×

    DIRECTOR

    Paul has over 13 years’ progressive senior and executive Human Resources Management experience with extensive involvement in enterprise service delivery, organizational design, human capital optimization, employee relations, people transformation and change. He has held national and regional roles in Kenya, Tanzania, South Africa and Africa regional management. He has worked for Barclays, PricewaterhouseCoopers, K-Rep Bank, Unga Limited and East African Breweries Limited. He holds a Bachelor of Arts (Business Management) (Hons) from Moi University, Kenya; a Higher Diploma in Human Resource Management from Institute of Human Resource Management, Kenya; and an MBA from Strathmore Business School, Strathmore University, Kenya

  • Mathias Muhimbisa Mathias Muhimbisa EXECUTIVE DIRECTOR  ×

    EXECUTIVE DIRECTOR 

    He joined the Bank in 2009. He holds a Bachelor of Science (Physics and Mathematics) from Makerere University. He is a member of ACCA and CPA Uganda. Prior to his appointment to the office of Executive Director, Mathias was Finance Manager in KCB Bank Uganda in 2009 and Head of Finance in 2013. Mathias has 10 years’ experience in banking through various rank and file in KCB Bank Uganda and Citi Bank Uganda.

  • Samuel Makome Samuel Makome DIRECTOR  ×

    DIRECTOR 

    Samuel is KCB Chief Business Officer and MD Kenya. He has over 20 years experience in Banking Institutions and 10 years in executive management in strategic leadership and business development. Prior to joining KCB, he was the Managing Director, Equity Bank Tanzania. Other previously held roles include: General Manager, Equity Bank Limited; Executive Director, Bank of Africa (BOA), Uganda and Regional Head, Consumer Banking Operations for Africa, Standard Chartered Bank. He holds a Masters in Organizational Leadership from the International Leadership University, Nairobi, Kenya a BSc in Engineering from the University of Nairobi and is an Associate of the Chartered Institute of Bankers, London, UK (ACIB).

  • Joram Kiarie Joram Kiarie MANAGING DIRECTOR ×

    MANAGING DIRECTOR

    Joram Kiarie holds a Master’s Degree in Business Administration from the University of Birmingham Business School, a Bachelor of Arts Degree in Economics from the University of Nairobi and a Bachelor of Science Degree from the University of Manchester Institute of Science and Technology. He is also an Associate of the Chartered Institute of Bankers.

    Prior to his appointment as Managing Director KCB Bank Uganda, he worked as Director-Mortgage Business KCB Group. HE was the Managing Director, KCB Tanzania from 2010 to 2011. He has also worked in various Senior management capacities in the KCB Corporate Banking Division.

  • Patrick Anok Patrick Anok COMPANY SECRETARY ×

    COMPANY SECRETARY

    He joined the Bank in January 2010. He holds a Bachelor of Laws Degree (LLB Hons.) from Makerere University, a Post Graduate Diploma in Legal Practice (Dip. LDC) from The Law Development Centre and a Master’s in Business Administration (MBA) in Management from Uganda Martyrs University Nkozi. He was previously with Tropical Bank where he served as Manager Legal Services for four years before joining KCB Bank Uganda Limited. He is a member of The Uganda Law Society, East African Law Society and an Advocate of the High Court of Uganda. 
     

    Management

  • Mathias Medgar Muhimbisa Mathias Medgar Muhimbisa EXECUTIVE DIRECTOR ×

    EXECUTIVE DIRECTOR

    He joined the Bank in 2009. He holds a Bachelor of Science (Physics and Mathematics) from Makerere University. He is a member of ACCA and CPA Uganda. Prior to his appointment to the office of Executive Director, Mathias was Finance Manager in KCB Bank Uganda in 2009 and Head of Finance in 2013. Mathias has 10 years’ experience in banking through various rank and file in KCB Bank Uganda and Citi Bank Uganda.

  • Patrick Anok Patrick Anok COMPANY SECRETARY ×

    COMPANY SECRETARY

    He joined the Bank in January 2010. He holds a Bachelor of Laws Degree (LLB Hons.) from Makerere University, a Post Graduate Diploma in Legal Practice (Dip. LDC) from The Law Development Centre and a Master’s in Business Administration (MBA) in Management from Uganda Martyrs University Nkozi. He was previously with Tropical Bank where he served as Manager Legal Services for four years before joining KCB Bank Uganda Limited. He is a member of The Uganda Law Society, East African Law Society and an Advocate of the High Court of Uganda.

  • Samuel Matekha Shikhongola Samuel Matekha Shikhongola MARKETING & COMMUNICATIONS MANAGER ×

    MARKETING & COMMUNICATIONS MANAGER

    He joined KCB Bank Uganda in September 2014. He holds a Bachelor’s Degree in Mass Communication from the Makerere University Department of Communication and Journalism. He is also an Associate Member of the Public Relations Association of Uganda - PRAU.

    Prior to his appointment, he has worked as Head Products and Public Relations at DTB – Uganda where he served various capacities. Samuel Matekha holds 14 years’ experience in communication. 

  • Georges Asea- Aswa Georges Asea- Aswa HEAD OF RISK ×

    HEAD OF RISK

    Georges started his banking career in 1997 in Barclays Bank as a Corporate Services Assistant, rising up the ranks to become a Corporate Relationship Manager. He joined Bank of Africa in 2003, where he rose to become Head of Risk and Compliance in 2004. He served in that position until 2008 when he joined Fina bank as the Country Head of Risk. He joined KCB Bank Uganda in December 2008 where he has served as Head of Risk until date. He holds a Bachelor’s Degree in Statistics from Makerere University.

  • Alex Mugabo Alex Mugabo HEAD OF CORPORATE BANKING ×

    HEAD OF CORPORATE BANKING

    Alex Mugabo holds a Master of Science Degree in Investment Management from CASS Business School, City University London, a Master’s Degree in Business Administration from Makerere University, a PGD in Financial Management from Uganda Management Institute (UMI) and a Bachelor of Arts Degree from Makerere University. 

    Prior to joining KCB Uganda as Head of Corporate Banking, he worked as Head of Enterprise Banking, Business Banking Division at Barclays Bank of Uganda and had previously held various roles in SME Business Management at the same institution (2003-2008). He also worked as Head of Local Corporates & SMEs at  Ecobank Uganda (2008-2010) and as Head of Small Business, SME Banking at Standard Chartered Bank Uganda.

  • Samuel Mukasa Lutalo Samuel Mukasa Lutalo HEAD OF CREDIT ×

    HEAD OF CREDIT

    Samuel has 12 years of banking experience 9 of which have been spent in Credit at various Management and Senior Management levels both at DFCU Bank and KCB Bank. He holds a Bachelor of Arts Degree in Social Sciences (Economics & Social Administration) from Makerere University and is currently pursuing a Master’s degree in Business Administration at the University of Leicester. He is also a Certified Credit analyst.

  • Joram Kiarie Joram Kiarie MANAGING DIRECTOR ×

    MANAGING DIRECTOR

    Joram Kiarie holds a Master’s Degree in Business Administration from the University of Birmingham Business School, a Bachelor of Arts Degree in Economics from the University of Nairobi and a Bachelor of Science Degree from the University of Manchester Institute of Science and Technology. He is also an Associate of the Chartered Institute of Bankers.

    Prior to his appointment as Managing Director KCB Bank Uganda, he worked as Director-Mortgage Business KCB Group. HE was the Managing Director, KCB Tanzania from 2010 to 2011. He has also worked in various Senior management capacities in the KCB Corporate Banking Division.

  • BANALEKAKI FRANCIS YIGA BANALEKAKI FRANCIS YIGA HEAD OF AUDIT ×

    HEAD OF AUDIT

    Banalekaki Francis Yiga, FCCA CFE holds an MBA from UMI,he is a Fellow of the Association of Chartered Certified Accountants (FCCA), and holds a Bachelor’s degree in Commerce from Makerere University. He is a Certified Fraud Examiner (CFE) and holds a Diploma in Risk Management.
    Francis has worked in various banks in Uganda and has over 15 years Internal Audit experience.

  • Sarah Kajumba Kwehangana Sarah Kajumba Kwehangana HEAD OF HUMAN RESOURCES ×

    HEAD OF HUMAN RESOURCES

    Sarah Kajumba Kwehangana holds a Bachelor of Arts Degree in Economics from Makerere University and a Masters of Business Administration from Uganda Martyrs University. She is a Certified HR Practitioner and a member of the Chartered Institute of Personnel and Development (CIPD).
    She has 10 years of HR Experience, 7 of which she has had with KCB Bank Uganda, serving as Learning and Development Manager, HR Manager and most recently Acting Head of HR. She has also previously acted as Head of HR at KCB Bank South Sudan for a period of 8 months.

  • Edgar Byamah Edgar Byamah HEAD OF TREASURY ×

    HEAD OF TREASURY

  • WILLIAM MAWEJJE WILLIAM MAWEJJE HEAD OF OPERATIONS ×

    HEAD OF OPERATIONS

    William Mawejje joins KCB Bank Uganda as Head of Operations from Centenary Bank Uganda where he worked as Chief Manager Branch Operations, in charge of a network of over 65 branches.
    William has over 16 years’ banking experience and holds a Bachelor’s degree in Statistics (Computing) and a Masters of Arts degree in Financial Services, both from Makerere University. He is a PRINCE2TM - Project Management Practitioner.
    He has hitherto served in various capacities in IT, Projects and Operations in UBA and Stanbic Bank and recently as Chief Manager Branch Operations at Centenary Bank.

  • IBRAHIM SENYONGA IBRAHIM SENYONGA HEAD OF RETAIL ×

    HEAD OF RETAIL

    Ibrahim holds an MBA (Finance) from Leicester University, MCIPS from the Chartered Institute of Purchasing and Supply, Asset and Liabilities Management (INSEAD) and holds a  Bachelor ins Business Administration (Accounting) from Makerere University. Prior to his appointment he was a regional manager in Dfcu Metropolitan Kampala. He joined KCB Uganda from from Dfcu Bank where he worked for 12 years.

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