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Nqobile Bhebhe, Business Reporter
Zimbabwean banker Mr Charles Mudiwa has been appointed the new chief executive officer and managing director for the Uganda Securities Exchange, Development Finance Company of Uganda Bank Limited (DFCU).
The appointment is effective 11 April.
“DFCU Bank Limited is pleased to announce the appointment of Mr Charles Mudiwa as Managing Director and Chief Executive Officer, effective 11th April 2023,” reads part of the notice.
Mr Mudiwa will bring to the bank more than 26 years of experience in banking, with strong business leadership, success in turning around businesses and increasing business profitability.
He has previously worked as chief executive officer of Stanbic Bank Kenya, Stanbic Bank Zambia and Standard Bank Malawi, amongst others. Board chair Dr Winifred Tarinyeba Kiryabwire said Mr Mudiwa is a visionary leader who has led financial institutions in various African economies with remarkable success.
In 2021, Mr Mudiwa was recognised among the Top 50 Reputable Bank CEOs in Africa by Reputation Poll International.
Last year, Africa Leadership Magazine also awarded him the Special African Banking Leadership Excellence Award.
He holds an Honours Degree in Economics from the University of Zimbabwe, Post Graduate Diploma In Leadership and Change Management from Leeds Metropolitan University (UK); Advanced Management Programme and Certificate in Digital Transformation & Enterprise Leadership from the Columbia Business School (USA) and a Banking Certificate from the Institute of Bankers of Zimbabwe, among others.
According to the notice, Mr Mudiwa said: “I am happy and honoured to join the DFCU team. Building on DFCU’s strong foundation, I look forward to creating sustainable value for our stakeholders and customers thereby contributing to the growth and development of Uganda, the Pearl of Africa.”
Online Reporter