ANNOUNCEMENT OF RETIREMENT OF EXECUTIVE DIRECTOR

The Board of dfcu Bank hereby announces the early retirement from the Bank of its Executive Director & Chief Commercial Officer, Mr. William Sekabembe, who has served the Bank for over 11 years.

William, who has been in the banking sector for over 24 years, has been instrumental to the success, transformation, and growth of dfcu Bank.

Dr. Winnie Kiryabwire the Board Chair said '…We are incredibly grateful to William for the energy, vision, and heart that he dedicated to our Bank and the customers we serve…We wish him the absolute best in all his future plans and endeavours…'

During his time with dfcu Bank, William served in 3 key positions - first as the Head of Consumer Banking. He then served the Bank as the Head of Corporate Banking and in most recent role as the Executive Director and Chief Commercial Officer.

He was instrumental in the growth of the Bank's retail franchise, adapting technological solutions that improved customer experience, championing organisational culture, and growth of the Bank's asset book that propelled dfcu into one of the top 5 banks in Uganda.

Mr. Sekabembe, who leaves the Bank on 31st August 2023, expressed his appreciation to the Bank saying '…It has been an extremely rewarding experience working at dfcu Bank and I am truly proud of what we have been able to achieve and deliver for our customers, shareholders, and the banking sector in Uganda. I extend my sincere appreciation to the Board, Management, and staff of dfcu Bank for their tireless efforts and support. I look forward to seeing how the foundation we have built together will propel both the Bank, and our customers, to greater heights.'

The Board wishes William a well-deserved and successful transition to the next chapter of his life.

On behalf of the Board of Directors

Angelina Namakula-Ofwono

Company Secretary

dfcu Bank is regulated by the Central Bank of Uganda.

Customer deposits are protected by the Deposits Protection Fund of Uganda up to UGX 10 million. T&Cs apply.

Call Centre: 0414 351 000

Toll Free: 0800 222 000 Email: customercare@dfcugroup.com

+256 776 760 760

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dfcu Ltd. published this content on 21 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 July 2023 12:47:11 UTC.