William Sekabembe has been appointed as the acting chief executive officer and managing director of dfcu Bank, replacing Mr Mathias Katamba, who left the position last week.
The announcement was made by Mr Jimmy Mugerwa, the dfcu Group chairman, in a notice to shareholders on Tuesday, 10 January 2023.
Mr Mugerwa said the board had accepted Mr Katamba’s resignation and was in the process of identifying a replacement.
“In the interim, the executive director, Mr William Sekabembe will act in the position of chief executive officer and managing director,” he announced.
Mr Sekabembe currently serves as the current dfcu Bank executive director, a position he has held since August 2016.
He has held various roles within dfcu including head of development and institutional banking.
He also previously worked at Stanbic Bank as head of products and Absa as head of distribution.
Mr Katamba on Friday said he was resigning his position as dfcu Bank CEO and is expected to leave by January 31. He had joined dfcu from Housing Finance Bank on January 2, 2019.
He replaced Mr Juma Kisaame, whose contract had expired after serving dfcu for 11 years.
Mr Katamba took over at dfcu after the takeover of some assets of Crane Bank, which elevated its position in terms of profitability and assets.