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Curtain drawn on Dfcu’s Sekabembe

Matooke Republic by Matooke Republic
July 21, 2023
in Business
Reading Time: 2 mins read
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Dfcu Bank’s board has drawn the curtain on William Sekabembe, the bank’s Executive Director and Chief Commercial Officer.

A notice signed by the bank’s Company Secretary Angelina Namakula-Ofwono stated that the board had announced Sekabembe’s “early retirement” after serving the bank for 11 years.

Sekabembe looked headed for greater things when he was appointed the bank’s acting Managing Director following the resignation of Mathias Katamba in January this year.

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Dfcu hasn’t had a steady sail since the 2017 take over of Crane Bank and has witnessed exits of senior officials in the recent past.

In April this year, Dfcu shopped outside the country and appointed Zimbabwean national Charles Mudiwa as Managing Director ending Sekabembe’s brief stint of trying to steady the ship until his “early retirement” was announced.

“We are incredibly grateful to William for the energy, vision, and heart that he dedicated to our Bank and the customers we serve…” said Dr. Winnie Kiryabwire the dfcu Board Chairperson on Friday.

“We wish him the absolute best in all his future plans and endeavours…” she added.

Sekabembe, who leaves the Bank on 31st August 2023, expressed his appreciation to the Bank.

“It has been an extremely rewarding experience working at dfcu Bank and I am truly proud of what we have been able to achieve and deliver for our customers, shareholders, and the banking sector in Uganda,” said Sekabembe, who previously worked with Barclays Bank.

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