Kampala, (UG):- Equity Bank Uganda, a subsidiary of Equity Group Holdings Plc, has announced the appointment of Mr. Gift Shoko as its new Managing Director, pending regulatory approval.
The appointment follows the resignation of Mr Anthony Kituuka, who previously served as Managing Director of Equity Bank Uganda.
Speaking on behalf of the Board and Management, Equity Bank Uganda Board Chairman Mr. Mark Ocitti expressed confidence in Mr. Shoko’s leadership and ability to lead the bank toward greater success.
“We are pleased to announce the appointment of Mr. Gift Shoko as the new Managing Director of Equity Bank Uganda, subject to regulatory approval. Mr. Shoko brings with him a wealth of experience, a proven track record of leadership, and expertise in banking, corporate strategy, and digital transformation. These align perfectly with our mission to deliver innovative and inclusive financial solutions to our customers,” Mr. Ocitti stated.
He further noted, “Under Mr. Shoko’s leadership, we are confident that Equity Bank Uganda will strengthen its commitment to enhancing customer experience and expanding its reach across the country. We wish Mr. Shoko success as he embarks on this exciting journey and look forward to the positive impact he will have on our Bank, our customers, and the communities we serve.”
Shoko’s Career Profile
Mr. Shoko, who previously served as the bank’s Executive Director, brings over 26 years of extensive experience in the banking industry. His career spans commercial banking, leadership, and corporate governance across Southern and Eastern Africa.
He holds a Bachelor of Business Studies and Computer Science degree from the University of Zimbabwe, a Master’s in Business Administration (Banking and Finance) from CIMA in Nicosia, Cyprus, and several professional certifications, including Executive Coaching and Emotional Intelligence Coaching.
Before joining Equity Bank Uganda, Mr. Shoko held various senior roles, including Group Director for Regional Business at NCBA, where he oversaw banking operations in East Africa.
He also served as CEO of Commercial Bank of Africa (Tanzania) Limited, leading the bank’s growth over a five-year tenure.
Earlier in his career, Mr. Shoko was Group Chief Executive Officer of Trust Holdings Limited (THL), a Zimbabwe Stock Exchange-listed financial services group, where he successfully restructured the organization and led its re-listing on the stock exchange.
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