Kampala — Absa Uganda’s Board of Directors picked Keith Kalyegira because the original Chairman of the Board, effective 1 March 2025. Keith is a highly respected and seasoned manual on strategy, investments, and capital markets, with a wealth of experience reducing correct via each the general public and personal sectors.
Keith beforehand served because the CEO of Uganda’s Capital Markets Authority and is currently a advisor on strategy and investments. He has contributed to key capital markets and financial sector reforms in Uganda, South Sudan, Rwanda, and Tanzania. His experience and management would maybe be valuable to Absa’s boost and transformation.
The financial institution’s Intervening time Managing Director, David Wandera, welcomed Keith, pointing out, “Keith’s impressive track record and passion align perfectly with our goals at Absa Bank Uganda. We are confident that his leadership will further accelerate Absa’s growth momentum and enhance stakeholder value.”
Keith succeeds Nadine Byarugaba, who contributed vastly to shaping the direction of the financial institution, following the rebrand to Absa and steered the financial institution all the procedure in which via the unparalleled instances particularly, the COVID-19 pandemic that affected most sectors of Uganda’s financial system. The financial institution became ready to adapt and remain afloat.
“I am honoured to be appointed as the Chairman of Absa Bank Uganda. I look forward to collaborating with fellow board members and management to drive the bank’s vision. Together, we will deliver exceptional value to our clients and the community,” stated Keith.
“As Absa Bank Uganda continues to expand its reach and enhance its services, Keith’s appointment marks a significant step forward,” an official stated.
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Keith Kalyegira has over twenty years of experience in diversified management roles. Keith holds a Bachelor of Commerce diploma from Makerere College and an MBA from College of Cape City’s Graduate Faculty of Industry. He’s a member of the Chartered Governance Institute, United Kingdom.
From 2013 to 2023 he became the CEO of the Capital Markets Authority, when Uganda modified into an Appendix A member of the World Organisation of Securities Commissions (IOSCO).
From 2008 to 2013, he done institutional reforms within the electricity, financial and water sectors of Uganda, South Sudan, Rwanda and Tanzania as a advisor, manual and govt.
He improved the efficiency of public enterprises in Uganda from 2003 to 2008 as Head of the Parastatal Monitoring Unit below the Public Enterprises Reform & Divestiture mission (the Privatization Unit).
From 1993 to 2003 he became an govt in Shell Uganda and in Shell South Africa’s aviation gasoline division.
“Keith has demonstrated expertise in steering institutional reforms across East Africa and will undoubtedly be a great asset to Absa Bank Uganda,” an industry expert stated.
