Standard Chartered Bank Uganda today reaffirmed its long‑term commitment to Uganda as it welcomed Kin Kariisa as a new Independent Non‑Executive Director to its Board and reiterated its strategic focus on governance, Corporate & Investment Banking, and support for national development.
The Standard Chartered Chief Executive Officer – Sanjay Rughani while delivering his remarks stated:
“We live in a period where the economy is asking more of every major institution – Uganda is pursuing an ambitious growth path, through the tenfold growth agenda which demands planning, investment, discipline, and institutions that are willing to play a supportive role in enabling that transformation. As a cross‑border Bank, our focus on Corporate and Investment Banking is central to supporting the productive sectors that matter to Uganda’s long-term growth.”
Sanjay also welcomed the appointment of Kin Kariisa as a deliberate strengthening of Standard Chartered’s governance as it goes through a transition to focus on Corporate and Investment Banking, saying;
“Strong institutions attract strong leaders. “This appointment is about stewardship, continuity and oversight – it signals that as a Bank we are investing in governance today to protect and enable long‑term value for the public and our stakeholders in the future.”
The Standard Chartered Bank, Incoming Independent Non‑Executive Director – Kin Kariisa said:
“I grew up watching banking from a distance, back in Mbarara. To now sit on the Standard Chartered Board is not something I take lightly. At Next Media we have spent years building brands, and we know what a great brand looks and feels like. Standard Chartered is a great brand. A serious bank. Uganda needs an institution like this, and I am happy to be here to contribute to its transformational journey. Standard Chartered is positioned to shape Uganda’s financial future, not just respond to it.”
Standard Chartered Bank is preparing for the future and the Board as the custodian of continuity safeguards its integrity, protects its strategic direction, provides oversight and ensures that its growth is sustainable.
