‎Equity Bank Uganda names Henry Rugamba new board chair

By | June 16, 2026

Henry Rugamba

‎Equity Bank Uganda has appointed Henry Rugamba as the new Chairperson of its Board of Directors, effective June 15 2026, marking a key leadership transition at the financial institution.

‎“We are pleased to announce the appointment of Henry Rugamba as the new Chairperson of the Board of Directors, effective 15th June 2026,” the bank said in a statement.

‎Mr Rugamba brings over three decades of experience in strategic communications, stakeholder engagement, corporate affairs and governance, a background the bank says will support its continued growth and expansion of financial inclusion initiatives.

‎Rugamba has served on several boards, including as Board Chair and Chair of the Nominations Committee at BAT Uganda, and is also a board member of ANECCA, a non-profit organisation.

‎He is the immediate past Secretary General of the African Public Relations Association.

‎“Mr. Rugamba brings over three decades of distinguished leadership in strategic communications, stakeholder engagement, corporate affairs, and governance. His extensive experience across the public and private sectors, coupled with his commitment to excellence and sustainable impact, will be instrumental as Equity Bank Uganda continues to deepen financial inclusion, support enterprise growth, and create shared prosperity for communities across Uganda,” the statement added.

‎He takes over from Mark Ocitti, who retires after serving as both Director and Board Chairperson.

‎Ocitti has since been appointed the Chief executive of Stanbic Uganda Holdings effective July 10, 2026.

‎“As we welcome Mr. Rugamba, we also celebrate the remarkable contribution of Mark Ocitti, who retires after serving as Director and Chairperson of the Board.”

‎During his tenure, the bank says it strengthened its institutional capacity and expanded its impact across the country.

‎“During his tenure, Equity Bank Uganda strengthened its institutional capacity, expanded its impact, enhanced stakeholder value, and reinforced its position as a trusted financial partner committed to empowering individuals, businesses, and communities. His stewardship has been invaluable in advancing the Bank's vision and long-term growth agenda.”

‎The institution said the transition reflects its governance philosophy and long-term sustainability strategy.

‎“This leadership transition reflects Equity's commitment to strong governance, continuity, and building resilient institutions that catalyse socio-economic transformation.”

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