Anthony Kituuka named Managing Director Equity Bank Uganda in new appointment.
Drake Nyamugabwa
Following the announcement of new appointments by the Board of Directors of Equity Bank Anthony Kituuka is the new Managing Director of Equity Bank Uganda Limited with immediate effect replacing Samuel Kirubi who was has become the Group Chief Operating Officer at Equity Group Holdings Plc.
Mark Ocitti, The Chairman of Equity Bank Uganda stated “We are happy to announce the appointment of Anthony Kituuka as the new Managing Director of Equity Bank Uganda with immediate effect subject to Bank of Uganda approval. We are confident that Anthony will build on his institutional knowledge and work with his immediate predecessor and Equity Uganda staff to push Equity Uganda to the next level of growth. We are confident that his experience in banking and the corporate world will enable him to lead the bank to scale and serve more people in pursuit of our purpose of transforming lives, giving dignity, and expanding opportunities for wealth creation”
The Chairman in the announcement made on Monday 21st November 2022, applauded the outgoing Managing Director Samuel Kirubi for his leadership that saw Equity Bank Uganda turn around and grew to be the sixth largest bank in deposits and assets and move from position 16 to the five most profitable bank in Uganda in a record seven years.
Prior to his appointment, Kituuka served as the Executive Director Equity Bank Uganda Limited from 2016. Before that, he was the Executive Director for Regional Subsidiaries from 2014 to 2016.
He is a career banker with over fifteen years of experience and holds an MBA in Oil and Gas from Middlesex University, London and a Bachelor’s Degree in Statistics and Applied Economics from Makerere University, Uganda, according to a statement by the bank management.
Kituuka is also a Fellow of the Association of Chartered Certified Accountants Certificate (FCCA) and has completed an Advanced Management Program from Strathmore, Lagos and IESE (Spain) Business Schools as well as several other executive leadership programs at Gordon Institute of Business and INSEA
