ⓒ Daily Nation
Equity Bank Uganda’s Managing Director, Anthony Kituuka, has announced his resignation, effective November 28, 2024. Kituuka, a key figure at the bank since 2014, will be leaving after a successful tenure marked by significant growth. His departure will allow for a smooth transition period.
The bank’s board of directors expressed their sincere appreciation for Kituuka’s contributions. Chairman Mark Ocitti praised Kituuka’s dedication and loyalty to the bank. Under Kituuka’s leadership, Equity Bank Uganda has established itself as a leading financial institution in the country.
The bank boasts an impressive clientele of 2.2 million customers. Its financial strength is evident in its substantial deposits (nearly sh3 trillion), loan portfolio (sh1.7 trillion), and a balance sheet exceeding sh3.5 trillion. Kituuka’s legacy is one of remarkable financial success and stability for Equity Bank Uganda. The bank is now embarking on a search for a new managing director to continue its success story.
The smooth transition planned by the bank ensures continued stability and efficient operations during the leadership change. Kituuka’s contribution will be remembered as a pivotal moment in the growth of Equity Bank Uganda.
