Anne Juuko, one of East Africa’s most accomplished banking executives, is reportedly poised for a major leadership role at the East African Development Bank (EADB) following her resignation from Standard Bank Group.
Information reaching TrumpetNews desk suggests that Juuko, who stepped down as Regional Head for East Africa -Global Markets effective November 30, is in advanced discussions with the regional development lender.
Although it remains unclear whether she is being considered for the position of Chief Executive Officer or another senior executive role, multiple sources close to her quietly confirmed that she is headed to the institution.
Efforts to reach Juuko for a comment were unsuccessful by press time, and officials at EADB declined to be associated with the matter, saying they feared potential reprimand for speaking prematurely.
Juuko’s potential move comes after a highly successful 13-year career within the Standard Bank Group, during which she rose through the ranks to hold some of the most influential positions in the region’s financial sector.
She joined the Group in 2012 as Head of Global Markets at Stanbic Bank Uganda, later moving to Namibia as Head of Corporate and Investment Banking.
In 2020, she returned to Uganda to take up the role of Chief Executive Officer at Stanbic Bank Uganda, becoming the first woman to lead the country’s largest commercial bank. Her tenure was marked by strong financial performance despite the economic disruptions of the COVID-19 pandemic, with the bank recording robust profitability and growth in assets. She was credited for championing key initiatives such as the Stanbic4Her programme, financial inclusion drives through SACCO empowerment, and digital banking expansion via platforms like FlexiPay.
In April 2024, Standard Bank elevated her to the role of Regional Head, Global Markets for East Africa, overseeing operations in Uganda, Kenya, Tanzania, DR Congo, South Sudan, Malawi, and Zambia.
Her exit, first reported through internal sources, marked the end of an impressive run that positioned her as one of the most respected banking leaders in Africa. Her blend of regional experience, development-oriented programmes, and corporate leadership makes her a strong contender for a top role at EADB, whose mandate aligns closely with her history of championing inclusive economic growth.
While the exact details of her next move remain guarded, the possibility of Juuko joining EADB has already generated significant interest within East Africa’s financial circles. A formal announcement, if confirmed, would signal a major shift in the region’s development-finance landscape.
