Sam Ntulume, (born c. 1971), is a Ugandan accountant, businessman and incumbent executive director at
I&M Bank Uganda
I&M Bank Uganda, formerly Orient Bank, whose complete name is I&M Bank (Uganda) Limited, is a commercial bank in Uganda which is licensed by the Bank of Uganda (BOU), the central bank and national banking regulator.
Location
The bank's headqua ...
, who concurrently serves as the
chief operating officer
A chief operating officer or chief operations officer, also called a COO, is one of the highest-ranking executive positions in an organization, composing part of the "C-suite". The COO is usually the second-in-command at the firm, especially if t ...
at that commercial bank. He has been at I&M Bank Uganda, since November 2021.
Background and education
Ntulume was born in Uganda . After attending local primary and secondary schools, he was admitted to ''National College of Business Studies'' (today
Makerere University Business School
Makerere University Business School (MUBS) is the school of business of Makerere University, Uganda's oldest university. MUBS provides business and management education at the certificate, diploma, undergraduate and postgraduate levels.
Location
...
). He graduated from there with a
Diploma in Business Studies.
He holds a
Master of Business Administration
A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...
degree, awarded by the
Eastern and Southern African Management Institute, in
Arusha
Arusha City is a Tanzanian city and the regional capital of the Arusha Region, with a population of 416,442 plus 323,198 in the surrounding Arusha District Council (2012 census).
Located below Mount Meru on the eastern edge of the eastern bran ...
, Tanzania. He is also a Fellow of the
Association of Chartered Certified Accountants
Founded in 1904, the Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA). It has 240,952 members and 541,930 future members worldwid ...
of the United Kingdom and is a member of the
Institute of Certified Public Accountants of Uganda
The Institute of Certified Public Accountants of Uganda (ICPA Uganda) is a professional body for certified public accountants (CPAs) in Uganda. As of July 2016, total membership was about 2,000 members.
Location
ICPA Uganda maintains its hea ...
.
Career
At the time he joined I&M Bank Uganda, Ntulume's career stretched back nearly three decades, half of which has been in the financial services sector in Uganda and the region. His most recent position was as the Executive Director, Finance & Strategy at
NCBA Bank Uganda Limited, another commercial bank.
Previously, he was an
executive director
Executive director is commonly the title of the chief executive officer of a non-profit organization, government agency or international organization.
The title is widely used in North American and European not-for-profit organizations, though ...
, then
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 ...
at
NC Bank Uganda Limited, before its merger with
Commercial Bank of Africa Uganda Limited, in 2020, to form
NCBA Bank Uganda
NCBA Bank Uganda Limited (commonly called NCBA Bank Uganda or shortened to NCBU), is a commercial bank in Uganda. It is one of the commercial banks licensed by the Bank of Uganda, the country's central bank and national banking regulator.
Overvie ...
.
Ntulume has also served in senior management positions at
Stanbic Bank
Standard Bank Group Limited is a major South African bank and financial services group. It is Africa's biggest lender by assets. The company's corporate headquarters, Standard Bank Centre, is situated in Simmonds Street, Johannesburg.
History ...
in both Uganda and Kenya. He was also previously employed by
Total M&S Uganda and by the
Uganda Revenue Authority
The Uganda Revenue Authority (URA) is a government revenue collection agency established by the Parliament of Uganda. Operating under the Ministry of Finance, Planning and Economic Development, the URA is responsible for enforcing, assessing, ...
.
Other considerations
Since 2010, Sam Ntulume sits on the
board of trustees
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organiz ...
of ''Sanyu Babies Home'', an
orphanage
An orphanage is a Residential education, residential institution, total institution or group home, devoted to the Childcare, care of orphans and children who, for various reasons, cannot be cared for by their biological families. The parent ...
in
Kampala
Kampala (, ) is the capital and largest city of Uganda. The city proper has a population of 1,680,000 and is divided into the five political divisions of Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division, and Ruba ...
, Uganda's capital city. He serves as the board treasurer.
See also
*
Mark Muyobo
References
External links
Website of I&M Bank UgandaPersonal Profile At LinkedIn
{{DEFAULTSORT:Ntulume, Sam
Living people
1970s births
Ganda people
Ugandan accountants
Ugandan businesspeople
Makerere University Business School alumni
Eastern and Southern African Management Institute alumni
Ugandan business executives
Ugandan chief executives
Fellows of the Association of Chartered Certified Accountants
People from Central Region, Uganda