Stanbic Bank Uganda has confirmed that their chief executive officer Anne Juuko has been appointed to a new leadership role within the Standard Bank Group as Global Markets Regional Head-East Africa.

“The appointment is effective 1 April 2024, and a successor will be announced in due course,” Stanbic Bank said in a statement on Tuesday.

Kayode Solola, the Standard Bank Group Executive Head for Global Markets—Africa Regions, said, “I congratulate Anne on this skyward deployment within the Group Africa Regions Global Markets leadership where she will oversee seven markets including Uganda, Kenya, Tanzania, DR Congo, South Sudan, Malawi, and Zambia.”

Damoni Kitabire, the Board Chairman for Stanbic Bank Uganda, said, “We thank Anne and the leadership team in Uganda for the collaboration and leading their respective teams to considerable success and delivering for both our customers and shareholders.”

Patrick Mweheire, the Standard Bank Group Regional Chief Executive for East Africa said, “I congratulate and welcome Anne to the East Africa region—an important growth vector in the Group’s business strategy.

I am confident that she will succeed in her new mandate—steering the respective country teams to deliver satisfactorily on the set revenue, profitability, and sustainability goals, given her expertise, market networks, and leadership experience.”

Anne is not new to Global Markets banking having joined the Standard Bank Group twelve years ago as Head of Global Markets for Stanbic Bank Uganda, before moving on to serve as Head of Corporate and Investment Banking Namibia, until 2020 when she was appointed Chief Executive.