Absa Group Chief Executive Officer Kenny Fihla is in Uganda this week as part of his first strategic East Africa roadshow since assuming the Group’s top leadership position last month.
The visit is aimed at strengthening relationships with clients, government officials, and Absa colleagues while reaffirming the Group’s commitment to regional integration and long-term investment in East Africa.
Uganda is one of two key stops on the CEO’s initial regional tour, which also includes Tanzania. During his visit, Fihla has held high-level meetings with local stakeholders and engaged directly with Absa Uganda teams to reinforce the Group’s strategic priorities and explore fresh opportunities for collaboration and innovation.
“Uganda is a country of vast potential, and we are proud to be part of its growth journey,” said Fihla. “Our visit is a reaffirmation of Absa’s commitment to our clients and colleagues in Uganda. We are here to listen, to learn, and to ensure that our strategy continues to reflect the needs of the communities we serve. Customer centricity is not just a value—it’s a way of working that drives everything we do.”
Uganda’s economic outlook remains upbeat for 2025, with the World Bank projecting GDP growth at around 6%—an improvement from 5.3% in FY2024. Growth is being driven by strong performance across energy, agriculture, manufacturing, ICT, and tourism sectors. The African Development Bank has also highlighted Uganda’s improving monetary policy framework and exchange rate stability as critical drivers of sustainable development.
David Wandera, Managing Director of Absa Bank Uganda, welcomed the visit, describing it as a strong signal of Absa’s commitment to the local market.
“We are honoured to host our Group Chief Executive Officer in Uganda. His visit underscores Uganda’s strategic importance in Absa’s pan-African footprint. It gives us a valuable opportunity to engage with stakeholders, reflect on our progress, and align more closely with the Group’s vision. Absa Uganda remains focused on innovating for our customers, growing with our clients, and playing an active role in the country’s sustainable development journey.”
Absa’s presence in Uganda continues to evolve through investments in innovation, digital banking, financial inclusion, and talent development. The roadshow is expected to deepen regional alignment and ensure that Absa remains a trusted financial partner in East Africa’s transformation.
Absa Group Limited is one of Africa’s largest diversified financial services groups, listed on the Johannesburg Stock Exchange. It operates across 12 African countries and maintains international offices in China, the US, UK, and Europe. Absa offers a comprehensive suite of banking, investment, insurance, and wealth management services tailored to both retail and corporate clients.
