Nationality Ugandan Name Herman Kasekende Religion Roman Catholic | Years active 1995 - present Ethnicity Muganda Home town Kampala | |
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Full Name Herman Kasekende Occupation Businessman, Economist & Bank Executive Title Managing Director & CEOStanchart Uganda Alma mater | ||
Herman Kasekende leaves Uganda to head Standard Chartered Bank in Zambia
Herman Kasekende is a Ugandan businessman, economist, and bank executive. He is the managing director and chief executive officer of Stanchart Zambia, effective February 2017. Prior to that, from 22 July 2012 until 20 February 2017, he was the managing director and chief executive officer of Stanchart Uganda, the second-largest commercial bank in the country by assets, which totaled nearly US$965 million in December 2012.
Contents
- Herman Kasekende leaves Uganda to head Standard Chartered Bank in Zambia
- Background and education
- Career
- Other considerations
- References
Background and education
Kasekende was born in the Central Region of Uganda circa 1965. He studied at St. Henry's College Kitovu for his O-Level and A-Level education. His primary degree in economics was obtained from Makerere University. He holds a Master of Arts degree in international economics and finance from Brandeis University.
Career
During the 1990s, Kasekende worked at Nile Bank Limited, a small indigenous financial services provider founded in 1988 that was acquired by Barclays Bank in 2007. In 1998, he left Nile Bank and joined Standard Chartered Uganda (SCBU). At SCBU, he has served in different capacities, including:
He also served on a short-term temporary basis at Standard Chartered Bank Singapore. Effective 22 July 2012, he was appointed managing director and chief executive officer (CEO), Standard Chartered Bank Uganda, a position he still held as of January 2015. He is the first Ugandan to serve as the CEO at SCBU in the 100+ year history of the Ugandan financial institution. Before January 2013, Kasekende worked closely with James Mulwana, who served as the chairman of SCBU from 1998 until his death in 2013. Mulwana's mentorship and tutelage is reported to have played a significant role in the ascendancy of Kasekende to the office of managing director and CEO at the bank.
Other considerations
Kasekende is married with three children.