Herman Kasekende
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Herman Kizito Kasekende is a
Uganda }), is a landlocked country in East Africa East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territor ...
n businessman,
economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...
, and bank executive. He is the
managing director A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
and
chief executive officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
of Stanchart Zambia, effective February 2017. Prior to that, from 22 July 2012 until 20 February 2017, he was the
managing director A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
and
chief executive officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
of Stanchart Uganda, the second-largest
commercial bank A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with cor ...
in the country by assets, which totaled nearly US$965 million in December 2012.


Background and education

Kasekende was born in the Buganda Region of Uganda circa 1965. He studied at
St. Henry's College Kitovu St. Henry's College Kitovu (SHACK), is a boys-only government-aided boarding middle and high school in Uganda, the third-largest economy in the East African Community. Location The school campus is located on Kitovu Hill, elevation:, situated in ...
for his O-Level and at
St. Mary's College Kisubi St. Mary's College Kisubi (SMACK) is a private, boarding middle and high school located in Wakiso District in the Central Region of Uganda. Established in 1906. Location The school is in Kisubi along the Kampala–Entebbe Road, approximately , ...
for his A-Level education. His primary degree in economics was obtained from
Makerere University Makerere University, Kampala (; Mak) is Uganda's largest and oldest institution of higher learning, first established as a technical school in 1922. It became an independent national university in 1970. Today, Makerere University is composed of ni ...
. He holds a
Master of Arts A Master of Arts ( la, Magister Artium or ''Artium Magister''; abbreviated MA, M.A., AM, or A.M.) is the holder of a master's degree awarded by universities in many countries. The degree is usually contrasted with that of Master of Science. Tho ...
degree in international economics and finance from
Brandeis University , mottoeng = "Truth even unto its innermost parts" , established = , type = Private research university , accreditation = NECHE , president = Ronald D. Liebowitz , pro ...
.


Career

During the 1990s, Kasekende worked at
Nile Bank Limited Nile Bank Ltd was a private bank registered in Uganda, with shareholders from Uganda, Israel, and South Africa. Nile Bank has an emphasis on consumer banking. History Nile Bank was established in 1988 for the purposes of providing banking servi ...
, a small indigenous financial services provider founded in 1988 that was acquired by
Barclays Bank Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces ...
in 2007. In 1998, he left Nile Bank and joined Standard Chartered Uganda (SCBU). At SCBU, he has served in different capacities, including: (a) Senior relationship manager (wholesale banking) (b) General manager (shared distribution) (c) General Manager (SME banking) and (d) Head of consumer banking. 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 James Mulwana (24 July 1936 – 15 January 2013), was a businessman, entrepreneur, and industrialist in Uganda. He was the Group chairman and chief executive officer of the Mulwana Group of Companies, a diverse business conglomerate with int ...
, 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.


See also

* List of banks in Uganda *
Standard Chartered Bank Standard Chartered plc is a multinational bank with operations in consumer, corporate and institutional banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around ...
*
Banking in Uganda Before Uganda's independence in 1962, the main banks in Uganda were Barclays (UK based); Grindlays (also UK), Standard Bank (South Africa based) and the Bank of Baroda from India. The currency was issued by the East African Currency Board, a Lon ...


References


External links


Stanchart Uganda December 2012 Annual Report
{{DEFAULTSORT:Kasekende, Herman Living people 1965 births Ganda people Ugandan bankers People from Wakiso District Makerere University alumni Central Region, Uganda Ugandan Roman Catholics Ugandan businesspeople Ugandan chief executives Ugandan business executives Standard Chartered people Brandeis International Business School alumni