Patrick Mweheire’s tenure as RCE East Africa has been marked by impressive growth and operational excellence. Over the past five years, he transformed the East African portfolio which includes Kenya, Uganda, Tanzania, Malawi, South Sudan, and Ethiopia into the Group’s second most profitable region. Under his leadership, the region saw increased collaboration, stronger client relationships, and record profitability.
Before taking on the regional role, Mweheire served as Chief Executive of Stanbic Bank Uganda from 2015 to 2020, leading a successful turnaround that propelled the bank to market leadership. A Harvard MBA graduate and seasoned investment banker, Mweheire’s leadership style blends global perspective with Pan-African vision. He will continue serving as Chief Executive of Stanbic Kenya Holdings while maintaining a Senior Executive role within Standard Bank Group.
Francis Karuhanga, formerly Chief Executive of Stanbic Uganda Holdings, has been appointed RCE for South and Central Africa, effective September 1, 2025. With over 23 years in banking, including service as Chief Audit Officer for Standard Bank Group, Karuhanga brings deep institutional knowledge and strategic expertise to his new role. The Group lauds his people-focused leadership and regional insight, expecting him to drive sustained growth across South and Central Africa. During the transition, he will continue leading Stanbic Uganda Holdings.
These appointments underscore Standard Bank Group’s commitment to nurturing Ugandan talent and promoting homegrown leaders to steer multi-market portfolios. Both Mweheire and Karuhanga exemplify the calibre of professionals emerging from Uganda, contributing significantly to the continent’s financial services landscape and reinforcing Uganda’s position as a hub for executive leadership in Africa.
Conclusion
The rise of Ugandan executives to prominent Pan-African roles demonstrates the country’s growing influence in banking leadership. Their success highlights the importance of investing in local talent and strategic mentorship to sustain Africa’s financial growth. Businesses and aspiring leaders can look to this as a model for nurturing expertise, fostering innovation, and building cross-border impact.