• Contact Us
  • About Us
  • Advertise
  • Donate
  • Login
Watchdog Uganda
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
Watchdog Uganda
No Result
View All Result

Mathias Katamba: Why I’m quitting dfcu as CEO

Mubiru Ivan by Mubiru Ivan
3 years ago
in Business, Finance
22 1
dfcu Bank CEO Mathias Katamba

dfcu Bank CEO Mathias Katamba

ShareTweetSendShare

dfcu Bank Chief Executive Officer Mathias Katamba last week confirmed that he was leaving the bank after four years at the helm of the second-largest commercial bank in Uganda.

In an exclusive interview with the CEO East Africa Magazine, Katamba, a banker with over 23 years of experience, said he was quitting for what he called “personal reasons” and that his departure had been “mutually agreed with the board”.

“It is true that I will be leaving dfcu bank at the end of January, after what has been four interesting years,” he told the local publication.

Asked why he is leaving the bank at a critical time when it is emerging from the turbulence that followed the controversial acquisition of the defunct Crane Bank, Katamba said, “It is not in my DNA to work forever in one place. I have done my part and I believe it is time to move on”.

“Let me take this opportunity to thank my colleagues, the board, and the customers that enabled us to through, dfcu Bank, to transform lives and businesses, by making more possible,” he added.

Katamba joined dfcu Bank in December 2018, after Juma Kisaame, the architect of the troubled January 2017 Crane Bank acquisition was forced out of the bank at the end of 2018.

Katamba has managed to work through a tough operating environment to restore confidence in the business and with it, some growth has been achieved as well.

Asked about his next move, Katamba told CEO Magazine that he is still passionate about transforming lives through affordable and inclusive finance.

“As a person and given my personal background and upbringing, I am still passionate about the power of education and affordable financing in uplifting and transforming lives. I have seen that work for me and several other households and clients I have served in my 23 years banking career. My future and the future of our country lies here,” he was quoted as saying.

“Uganda is at the cusp of great things, especially with the discovery of oil and gas. There are also vast opportunities and gaps in serving the underserved segments of our population,” he said, without delving into the details of his next move.

Prior to his appointment, Katamba served as Housing Finance Bank Managing Director, a position he served for 5 years.

He holds a Masters of Science in Financial Management from the University of East London, UK, a Bachelor of Arts in Economics from the University of Greenwich and Postgraduate Diploma in Public Relations from the Chartered Institute of Public Relations. He has also attended several advanced executive leadership training.


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com
Share4Tweet3SendShare

Related Posts

Pearl Tower Business Park owned by Uganda's richest man Sudhir Ruparelia is now complete.
Business

A Tour of Pearl Business Park: Kampala’s Pinnacle of Progress and Prestige

16th July 2025 at 01:43
Business

Rotary New Year Launch Kicks Off with Grandeur at Speke Resort Munyonyo

16th July 2025 at 01:30
Maama Janet and President Museveni visited Mrs. Fausta Nalweyiso on Monday in Kibumbiro, Busega. The President praised her dedication to the Parish Development Model through her piggery project which he found very impressive.
Agriculture

MIKE SSEGAWA: Museveni’s PDM Tour; A Journey of Connection and Transformation

14th July 2025 at 22:49
Next Post
Musisi with some of his family members

Gunmen kidnap NUP Coordinator's children 

  • Prostitution in Uganda- Courtesy Photo

    10 dangerous hotspots known for prostitutes in Kampala

    1140 shares
    Share 456 Tweet 285
  • Silent Billionaire Bosco Muwonge Buys Mukwano Arcade at UGX 250 Billion Cash Down

    58 shares
    Share 23 Tweet 15
  • Who is Bosco Muwonge, Uganda’s elusive real estate billionaire?

    42 shares
    Share 17 Tweet 11
  • LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

    2292 shares
    Share 917 Tweet 573
  • LIST : Gov’t releases Revised Salary Structure for Teachers, Police, and Prisons Staff for FY 2024/2025

    128 shares
    Share 51 Tweet 32
Facebook Twitter

Contact Information

Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. We also give preference to Ugandan community news and topical discussions. The portal also publishes community news and topical discussions.

Email: editorial@watchdoguganda.com
To Advertise:Click here

Latest News

Leaders of the Opposition Political Parties

JOSHUA MUZIRA: Mushrooming political parties in Uganda 

16th July 2025 at 17:25
Mashable is a global, multi-platform media and entertainment company For more queries and news contact us on this Email: info@mashablepartners.com

Check out

  • Trending
  • Comments
  • Latest
Minister Muruli Mukasa

LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

24th May 2020 at 10:45
Pregnant woman

Shock as 17-year old boy impregnates his two sisters during Covid-19 lockdown 

17th June 2020 at 08:17
Sudhir Ruparelia is the undisputed king of Kampala

Billionaire Sudhir’s wisdom on how to invest in real estate

0

How a boy’s destiny turned from cotton grower to communications guru

0
Leaders of the Opposition Political Parties

JOSHUA MUZIRA: Mushrooming political parties in Uganda 

16th July 2025 at 17:25

Huawei Technologies Uganda 2025 Campus Recruitment Program Aims to Capacitate Aspiring Professionals  

16th July 2025 at 15:20

© 2025 Watchdog Uganda

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News

© 2025 Watchdog Uganda