Centenary Bank appoints Balikuddembe Executive Director

Kampala, Uganda | THE INDEPENDENT | Centenary have finally filled the top job at the bank by appointing Joseph Kiwanuka Balikuddembe as Executive Director.

It is a reunion for him, and Centenary Bank that are Uganda’s leading commercial microfinance bank, as he started his banking career with them.

Balikuddembe brings to Centenary Bank over 21 years of experience in the banking industry having worked with some of Africa’s largest banks with operations in Uganda.

Prior to assuming the Executive Director position at Centenary Bank, Balikuddembe served as the Executive Director at United Bank for Africa (UBA) Uganda.

He also held a number of senior executive roles at ABSA Bank (formerly Barclays), including; Vice President – Head of Business Banking, Retail and Business Banking, Vice President – Head of Trade Finance, Corporate and Investment Banking, Relationship Manager – Multinationals and Large Corporates, Corporate and Investment Banking.

Before then,  Balikuddembe served at Stanbic Bank Uganda Limited, where he was the Business Manager, Personal and Business Banking. He holds a Master’s in Business Administration (Finance and Strategy) from the prestigious Edinburgh Business School, Heriot-Watt University and a Bachelor of Science (Honors) in Agriculture from Makerere University (1998).

He is happy to return at Centenary Bank, where he started his banking career as a banking officer in 1999.

Balikuddembe takes over from long-serving Dr Simon Kagugube who passed away early last year.