Matooke Republic
Friday, July 4, 2025
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
Matooke Republic
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
No Result
View All Result
Matooke Republic
No Result
View All Result

Sekabembe appointed Dfcu’s interim MD as Katamba resigns citing ‘personal reasons’

Matooke Republic by Matooke Republic
January 11, 2023
in Business
Reading Time: 1 min read
12
SHARES
Share on FacebookShare on Twitter

Dfcu Bank’s Managing Director Mathias Katamba last week tendered his resignation citing personal reasons. He will cease his role at the helm of the bank at the end of January.

The bank’s board has accepted Katamba’s resignation and appointed William Sekabembe who has been the bank’s Executive Director as the Managing Director in acting capacity as the bank seeks a suitable replacement.

Dfcu Board Chairman Jimmy Mugerwa sent out a notice to the bank’s shareholders on Tuesday notifying them of the change in management.

RELATED POSTS

OPINION: Realising Uganda’s Agricultural Renaissance Requires Strong Private Sector Participation

How dfcu Rising Woman finalist Diana Nabukenya Adeyemi turned a family livestock farm into Uganda’s fast-rising halal meat brand

Katamba has called it quits.

Katamba assumed office in 2019 and superintended Dfcu Bank in a tumultuous period dodged by falling profits and legal losses arising from the bank’s takeover of Crane Bank in January 2017.

Last year, there were no dividends for shareholders following a 45.7% decline in profits from Shs24.3 billion in 2020 to Shs13.4 billion in 2021. 

Related

Tags: DFCUMathias KatambaWilliam Sekabembe
Share5Tweet3Send
Matooke Republic

Matooke Republic

Freshly peeled info from area code 256

Related Posts

UK Supreme Court orders that DFCU, its owners and directors must stand trial in UK for their role in fraudulent acquisition of Crane Bank

by Matooke Republic
1 year ago

...

15 Dfcu staff throw in towel in just one month

by Matooke Republic
2 years ago

...

Lands Registry cancels titles of 48 former Crane Bank branches held by Dfcu, returns them to Sudhir

by Matooke Republic
2 years ago

...

Crane Bank shareholders welcome London Court ruling to hear multi million dollar case against DFCU, vow to fight for justice

by Matooke Republic
2 years ago

...

Sudhir wins London Court of Appeal case to prosecute DFCU Bank over corruption involving BoU officials in $211m Crane Bank Takeover Case

by Matooke Republic
2 years ago

...

Next Post

What to expect at Spice Diana's concert this Friday

Pastor, lawyer found guilty of defrauding 5000 people of Sh4 billion

RECOMMENDED

Chairperson Board of Directors at the Petroleum Authority Ms. Lynda Biribonwa.

Johnnie Walker to celebrate women in leadership with another She Walks event this Friday

July 3, 2025
Mable Ndaula, Executive Director, dfcu Foundation.

OPINION: Realising Uganda’s Agricultural Renaissance Requires Strong Private Sector Participation

July 3, 2025
  • 643 Followers
  • 23.9k Followers

MOST VIEWED

  • Here is how to use NIRA’s new online portal to register or renew your national ID

    3776 shares
    Share 1510 Tweet 944
  • Dj Karo finally wins over Cedric Babu’s heart, introduction underway

    179 shares
    Share 72 Tweet 45
  • Kampala University proprietor Prof Kateregga’s wife rejects DNA results indicating one of three children is not his, demands fresh test in the United States

    90 shares
    Share 36 Tweet 23
  • DNA test confirms late MP Ssegirinya was father to only 4 of 9 children presented after his death

    84 shares
    Share 34 Tweet 21
  • Pastor Bugingo’s daughter Doreen Gift awarded scholarship to Arizona State University in the US

    59 shares
    Share 24 Tweet 15
Matooke Republic

Uganda's only free Newspaper. Out every Thursday. Freshly peeled info. kiwatule, Kampala, Uganda.

  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos

© Matooke Republic 2024

© Matooke Republic 2024

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.