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Anne Juuko resigns from Standard Bank Group

William Kasoba by William Kasoba
December 4, 2025
in Business, Featured Stories
Reading Time: 2 mins read
Anne Juuko.

Anne Juuko.

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Anne Juuko, a seasoned banking executive and former CEO of Stanbic Bank Uganda, has stepped down from her role as Standard Bank Group’s Regional Head of East Africa for Global Markets.

Juuko resigned this month, bringing to a close her 18-month tenure in the regional position. She had been tasked with overseeing the Group’s global markets operations across seven countries: South Sudan, the Democratic Republic of Congo, Uganda, Kenya, Tanzania, Malawi, and Zambia. Her office was based in Nairobi.

Her departure also ends a 13-year career within Stanbic and the wider Standard Bank Group.

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Before taking on the regional role, Juuko served as Managing Director and CEO of Stanbic Bank Uganda from 1 March 2020 to 31 March 2024. She was the first woman to lead Uganda’s largest commercial bank, which held assets worth US$1.6 billion as of June 2019. She assumed office at the height of the COVID-19 pandemic and is widely recognised for steering the bank through the crisis while maintaining strong financial performance.

Under her leadership, Stanbic’s profit after tax grew from Shs 242 billion in 2020 to Shs 365 billion in 2022.

Juuko also championed financial inclusion and affordable lending for underserved communities. In 2021, Stanbic launched a Sacco financing and capacity-building initiative that now supports more than 6,000 groups with 1.8 million members and deposits of over Shs 200 billion. The bank has so far extended more than Shs 80 billion in low-interest credit to these groups, indirectly benefiting nearly 10 million Ugandans with support from partners such as Abi Trust and Operation Wealth Creation. Stanbic was also a key player in rolling out the government’s Parish Development Model.

In 2022, the bank partnered with the International Finance Corporation to introduce Stanbic4Her, a programme designed to strengthen women-led businesses through training, financing, and market access. The initiative has so far enrolled 19,000 women entrepreneurs—14,000 of them first-time Stanbic clients—and enabled the disbursement of over Shs 60 billion to women-owned enterprises at a rate of 15.5%. More than 54,000 women have completed financial literacy training under the programme.

Juuko holds a Bachelor of Commerce degree from Makerere University and a Master’s degree in Strategic Planning from Heriot-Watt Business School in Edinburgh, Scotland.

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William Kasoba

William Kasoba

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