Stanbic’s Anne Juuko sole Ugandan among Africa’s Definitive Women CEOs

Stanbic Bank chief executive Anne Juuko has been ranked 21st among Africa’s Definitive Women CEOs for the year ending April 2023. 

The data-driven list recognizes women who are leading large businesses that are also listed on one of Africa’s stock exchanges with a revenue of over $100 million, or a market cap of over $150 million. 

The list, which is generated by africa.com, is compiled over many months through a deep research effort, starting with data provided by Bloomberg on all the listed companies. From there, the research team culled the data to meet the required size requirements, and then further determined which of those companies had women at the head.  

Juuko is ranked 21st on the 93-person list, leading Stanbic Bank Uganda with reported revenue of $267 million. The list is topped by Natascha Viljoen, CEO of Anglo-American Plc with a revenue of $ 41.6 billion. 

Commenting on the info, Juuko said: “It’s such an honour to be recognized alongside other celebrated women leaders on our continent, for the third time in a row. It’s an honour because Uganda has hundreds of brilliant, hardworking women who are breaking the proverbial glass ceiling, every day, in their respective fields of practice. Many of them, I know personally, as they are my colleagues at work and in the financial services sector where I have been active for the last two decades.”

“So, allow me to say that this recognition is not mine alone but one that I wish to accept, on behalf of my fellow women at Stanbic Uganda with whom we give our very best, daily, to make a difference in our country and to also give the African girl child the confidence and reason to believe that whatever they seek to become—it can be.” 

In East Africa, Kenya has two women on the list, including Jane Karuku, the Group managing director of East African Breweries in eighth place, and Nasim Devji, the Group CEO of Diamond Trust, in 14th place.  

Tanzania and Rwanda each have one woman on the list, including Ruth Zaipuna CEO of NMB bank, and Bank of Kigali’s Diane Karusisi.