Our History

Equity Bank Uganda Limited is one of the fastest growing banks in Uganda, with a large network of 33 branches and 35 ATMs spread across the country. 17 of these branches are located in Central and greater Kampala, serving over 530,000 customers. The Bank has deployed a number of Alternate Business Channels to enhance its product and service delivery. These include: Internet Banking, Eazzy 247- a mobile banking service, Point of Sales (POS) machines as well as partnerships with major telecom companies. ... Read More

Our Philosophy

We exist to transform the lives and livelihoods of our people socially and economically by availing them modern, inclusive financial services that maximize their opportunities.

Purpose

We exist to transform the lives and livelihoods of our people socially and economically by availing them modern, inclusive financial services that maximize their opportunities.

Vision

To be the champion of the socio-economic prosperity of the people of Africa.

Mission

We offer inclusive, customer focused financial services that socially and economically empower our clients and other stakeholders.

Positioning Statement

Equity provides Inclusive Financial Services that transform livelihoods, give dignity and expand opportunities.

Tagline

Your Listening, Caring Partner.

Motto

Growing Together in Trust.

Our Core Values

We are guided by and strive to uphold the following core values in all the activities we undertake: Professionalism, Integrity, Creativity and Innovation Teamwork, Unity of purpose, Respect and dedication to customer care, Effective Corporate Governance

 
 

Board Of Directors

Apollo Makubuya

Apollo Makubuya

Non-Executive Chairman

Apollo is a graduate of Makerere University (cum laude) and the University of Cambridge. He is a founding partner of MMAKS Advocates a leading commercial Law firm in Uganda. He heads its Commercial Transactions team. He has 26 years in legal practice and specialises in corporate and commercial transactions. He has handled several high-profile commercial transactions in the banking, telecommunications, insurance, real estate, energy and mining sectors. He has previously worked as a senior lecturer at the Faculty of Law Makerere University and with a private commercial bank and Uganda’s Central Bank. Apollo is the Chairman of the Board of Equity Bank Uganda Ltd; Prudential Insurance Uganda Ltd; Ssanga Courts Ltd and a Cancer Charity known as ‘Art with a Cause’ based in Uganda. He is the author of Protection, Patronage or Plunder? British Machinations and Uganda’s Struggle for Independence. For over 25 years, Apollo served in many senior positions in the Kingdom of Buganda including as its Attorney General and 3rd Deputy Katikkiro (Prime Minister). He is presently the Chief Palace adviser to Kabaka Ronald Muwenda Mutebi II.

Samuel Kirubi

Samuel Kirubi

Managing Director

Samuel holds a Masters Degree in Business Administration (Finance) from Moi University and a Bachelor of Arts degree in Economics and Statistics from Egerton University. He is a graduate of Advanced Management Programme (Strathmore IESE Business School, Barcelona Spain). He joined Equity Bank in 2001 and has gained vast experience in operations, marketing and customer service. Samuel previously served as the Chief Operations Officer in Equity Bank South Sudan and most recently as the Managing Director, Equity Bank Rwanda.

Anthony Kituuka

Anthony Kituuka

Executive Director

Anthony holds an MBA in Oil and Gas from Middlesex University, London and a Bachelors Degree in Statistics and Applied Economics from Makerere University, Uganda. He is 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 INSEAD. He has over 13 years of banking experience and has previously worked with Kenya Commercial Bank (KCB) and Barclays Bank Uganda Limited. He joined Equity Bank in 2014 and was previously the Group Executive Director for Regional Subsidiaries.

Evelyn Kamagaju Rutagwenda

Evelyn Kamagaju Rutagwenda

Non-Executive Director

Evelyn holds a Bachelor of Commerce degree from Makerere University, Kampala and is a Certified Public Accountant. She previously worked as the Auditor General for the Republic of Rwanda; as the Secretary General of Uganda National Chamber of Commerce and Industry (UNCCI); consultant/project accountant for Decentralization Secretariat (Institutional Capacity Building Project); Ministry of Local Government, Uganda and also as Chief Auditor at UCA Auditing Services among others. Evelyn also spearheaded the formation of the Institute of Certified Public Accountants of Rwanda (ICPAR) and subsequently served the Institute in various capacities including, Chairperson of the Interim Governing Council, Ex Officio and elected member of the Governing Council. In 2009 she received an ACCA Achievements Award for her outstanding contribution to developing the accountancy and finance profession. She is currently the Chair-MTN Rwanda and Crystal Telecom Limited Boards of Directors, Vice-Chair, Board of Directors, Rwanda Development Board and also serves on the Board of Directors of Victoria Motors Rwanda.

Peter Kimbowa

Peter Kimbowa

Non-Executive Director

Peter is a leadership catalyst, Talent Optimization Coach, Strategy execution expert, Author and Futurist. He is named one of the World’s 101 most fabulous Global Coaching leaders in 2020 by the World Human Resource Development Congress (HRD) Peter is a Board member and advisor to several Boards in Corporate Uganda including ESKOM Uganda, Equity Bank Uganda, Baylor College of Medicine both in Mulago Hospital and Houston Texas. He is also the Board Chairman of the Tondeka Metro Company (TMC). Peter is a Founder and team leader at CEO Summit Uganda, - a private sector Think Tank in Uganda and co-founder and trustee of the League of East African Directors as well as Managing Partner at IFE Consultants Limited. He is an Academic Director and Adjunct Faculty at Strathmore Business School, an Adjunct Faculty at University of Cape Town, an Associate of the Uganda National Academy of Sciences.

Mark Ocitti

Mark Ocitti

Non-Executive Director

Mark is currently the Managing Director of Serengeti Breweries Limited in Tanzania, a member of the East African Breweries group. He holds a Bachelor of Statistics degree from Makerere University in Uganda, a Masters in Business Administration degree from the Heriot-Watt University, Edinburgh, UK and an Advanced Management Program certificate from the London Business School. He has 30 years of operational and executive experience working in blue-chip companies in Downstream Oil, Telecoms and FMCG sectors.

Geoffrey R. Rugazoora

Geoffrey R. Rugazoora

Non-Executive Director

Geoffrey holds a Bachelor of Science degree in Industrial Chemistry (Honours) of Makerere University Kampala and received postgraduate training in the fields of tribology, operations management, leadership and governance at Wits Business School Johannesburg.. He has held various managerial positions within TOTAL Uganda, sat on various Boards including Uganda Airlines and is currently a member of the Board of Directors of Rushere Community Hospital, a member of Uganda Fuel Supply Coordination Committee under Ministry of Energy & Mineral Development and the Group Chief Executive Officer of MOGAS.

MARY WAMAE

MARY WAMAE

Non-Executive Director

Mary holds a Masters degree in Leading Innovation and Change from York St. John University, UK, a Bachelor of Laws degree from the University of Nairobi and a Diploma in Law from the Kenya School of Law. She is a graduate of the Advanced Management Programme (Strathmore - IESE Business School, Barcelona Spain) and the Advanced Management Programme at Harvard Business School. She is a Certified Public Secretary (Kenya) and member of The Institute of Certified Public Secretaries of Kenya (ICPSK), Law Society of Kenya, Women Corporate Directors and the Kenya Section of International Commission of Jurists. She is an Advocate of the High Court of Kenya and holds a Post Graduate Diploma in Gender and Development and has over 15 years’ experience in private legal practice.

Senior Management

Samuel Kirubi

Samuel Kirubi

Managing Director

Samuel holds a Masters Degree in Business Administration (Finance) from Moi University and a Bachelor of Arts degree in Economics and Statistics from Egerton University. He is a graduate of Advanced Management Programme (Strathmore IESE Business School, Barcelona Spain). He joined Equity Bank in 2001 and has gained vast experience in operations, marketing and customer service. Samuel previously served as the Chief Operations Officer in Equity Bank South Sudan and most recently as the Managing Director, Equity Bank Rwanda.

Anthony Kituuka

Anthony Kituuka

Executive Director

Anthony holds an MBA in Oil and Gas from Middlesex University, London and a Bachelors Degree in Statistics and Applied Economics from Makerere University, Uganda. He is 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 INSEAD. He has over 13 years of banking experience and has previously worked with Kenya Commercial Bank (KCB) and Barclays Bank Uganda Limited. He joined Equity Bank in 2014 and was previously the Group Executive Director for Regional Subsidiaries.

Jimmy Mwangangi

Jimmy Mwangangi

Head of Credit

Jimmy holds a Bachelors of Commerce; is also a Certified Public Accountant (CPA-K) and currently a finalist of the MSc – Finance program. He has over 12 years’ experience in banking and in the fields of Credit growth and Credit Risk management. Prior to re-joining Equity Bank Uganda Ltd, Jimmy was working at the Equity Bank Kenya Ltd as Head of Retail Credit. Further, for the period November 2010 till August 2014, Jimmy worked with EBUL as our Head of Credit Risk and intermittently acted in the position of GM Credit.

Joseph Kimuli

Joseph Kimuli

Head of Internal Audit

Joseph holds a Bachelor of Science Degree in Applied Accounting from Oxford Brookes University (UK) and Professional Qualification with Association of Chartered Certified Accountants (ACCA). He is an active member of the Institute of the Internal Auditors (Uganda charter). He is pursuing a Master of Arts in Financial Services at Makerere University and Leadership Development Program at Strathmore Business School. He is an accountant with 15 years of experience in Accounting, Finance, External and Internal Audit. His Banking career started at Equity Bank in 2009 as an Internal Auditor.

Sarah K. Nakkazi

Sarah K. Nakkazi

Head of Compliance

Sarah holds a Bachelor’s degree in Statistics from Makerere University Kampala Uganda, a Master’s Degree in Financial Management from Amity University, India and a professional certification in Banking Risk & Regulations with the Global Association of Risk Professionals (GARP). She is also a licensed trustee (staff appointed) of the Bank’s retirement benefit scheme. She joined Equity Bank in June 2012 from Standard Chartered Bank where she had worked for 5 years. She joined the bank as a Compliance Officer. From March 2015, when she acted as the Compliance Manager until January 2016 when she was appointed to the position of Risk Manager. In September, 2016, the board approved her appointment as the Bank’s Compliance Manager.

Kenneth Onyango

Kenneth Onyango

Head of Operations

Kenneth holds a Bachelor of Business Administration Degree of Makerere University and is an affiliate member of the Institute of Risk Management (IRM) – UK. He is also currently undertaking research leading to the award of a Master of Science degree in Accounting and Finance of Makerere University. Kenneth has attended several Risk Management courses and trainings within Uganda, Kenya and Morocco. He is very passionate about enterprise risk management and has financial services risk management experience spanning nine years.

Kezia D. Asiimwe

Kezia D. Asiimwe

Manager, Finance

Kezia is a holder of a B.com (Accounting) bachelor’s degree, is an affiliate of ACCA and is currently a finalist of the MBA program at Edinburgh Business School. She joined Equity Bank in November 2014 as a financial accountant from PWC, where she worked in Uganda and Rwanda.

Juliet Muheirwe

Juliet Muheirwe

HEAD OF HUMAN RESOURCES

Juliet holds a Bachelor of Arts in Social Sciences and is currently pursuing a Master’s in Human Resource Management. She has over 10 years’ experience as a Human Resource Practitioner in the banking and telecommunication industry and has previously worked with Centenary Bank, Airtel Uganda and Airtel Africa (Nairobi). She joined Equity Bank in 2019.

Our Achievements

Equity Bank's business model has attracted both local and international recognition. On many occasions, the Bank has been invited to various international forums and bodies to share on its successes. Equity has also become a hub of other institutions worldwide keen on learning and exchanging insights on the Equity model of extending financial services to the low income segment and the un-banked population. A number of international luminaries have paid a courtesy call on Equity Bank on their mission to study poverty reduction initiatives in Africa. Among the dignitaries who have visited us are UN Advisor HRH Princess Maxima of Netherlands, former UN First Lady Nane Annan, CGAP President Elizabeth LittleField, WWB President Nancy Barry and Melinda French Gates.

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Equity Bank is Regulated by Bank of Uganda