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Equity Bank Uganda appoints Henry Rugamba as new Board Chairman

Matooke Republic by Matooke Republic
June 16, 2026
in Business
Reading Time: 2 mins read
Henry Rugamba.

Henry Rugamba.

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Equity Bank Uganda Limited has appointed Henry Rugamba as the new Chairman of its Board of Directors, effective June 15, 2026, in a leadership change aimed at strengthening governance and supporting the bank’s growth strategy.

Rugamba replaces Mark Ocitti, who has retired after serving as both Director and Board Chairman. The bank said the transition marks an important step in reinforcing its strategic direction and leadership structure.

Rugamba brings more than three decades of experience in public relations, corporate communications, and advisory services. He is widely recognised for his expertise in stakeholder engagement, reputation management, crisis communication, and corporate strategy.

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He holds a degree in Politics and International Law from Makerere University.

Before his appointment, Rugamba was already serving in top leadership roles, including Chairman of British American Tobacco (BAT) Uganda and Harris International Uganda. Over the years, he has also advised both public and private sector organisations on communications and strategic positioning.

Beyond corporate leadership, Rugamba sits on the board of ANECCA Medical Charity, which supports HIV/AIDS care programmes in Karamoja. He is also an active member of the Rotary Club of Kampala and participates in various community development and humanitarian initiatives.

Equity Bank Uganda said his appointment reflects confidence in his leadership skills, governance experience, and strategic thinking as the institution pursues its long-term growth ambitions.

The bank also praised outgoing Chairman Mark Ocitti for his contribution, noting that under his leadership the bank achieved steady growth, stronger market positioning, and improved value for shareholders.

Equity Group Holdings Plc Chairman Prof. Isaac Macharia welcomed the appointment, saying Rugamba’s experience would help steer the bank into its next phase of expansion. He also expressed appreciation to Ocitti for his years of dedicated service to the board.

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