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Equity Bank Uganda Appoints Henry Rugamba as New Board Chairperson

by Walakira John
3 months ago
in NEWS
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Equity Bank Uganda Appoints Henry Rugamba as New Board Chairperson
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By Mulengera Reporters

Equity Bank Uganda has appointed seasoned communications and corporate affairs strategist Henry Rugamba as the new Chairperson of its Board of Directors, effective June 15, 2026.

The appointment marks a significant leadership transition for the bank as it continues to advance its agenda of financial inclusion, enterprise development, and socio-economic transformation across Uganda.

Rugamba brings more than three decades of experience in strategic communications, stakeholder engagement, corporate affairs, governance, and crisis management. Widely regarded as one of the region’s leading communications professionals, he has built an extensive career advising organizations in both the public and private sectors on corporate reputation, brand positioning, public engagement, and strategic communications.

A graduate of Politics and International Law from Makerere University, Rugamba currently serves as Chairman of BAT Uganda and Chairman of Hariss International Uganda, where he provides strategic oversight and governance leadership. He also serves on the board of ANECCA, a medical charity supporting HIV/AIDS care in Karamoja, and is an active member of the Rotary Club of Kampala.

In announcing the appointment, Equity Group Holdings Plc Board Chairman Prof. Isaac Macharia said Rugamba’s diverse professional background would strengthen the bank’s strategic direction.

“We are delighted with the appointment of Mr. Henry Rugamba as the Chairperson of the Board of Equity Bank Uganda. His diverse background in public relations, communications, stakeholder engagement and strategic advisory services brings a wealth of experience that will support the bank’s strategic direction,” Macharia said.

The appointment comes as longtime Board Chairperson Mark Ocitti retires after completing his term of office. Ocitti served the bank for nine years as Director and Chairperson, overseeing a period of significant growth and institutional strengthening.

During his tenure, Equity Bank Uganda consolidated its market position, expanded its institutional capacity, enhanced stakeholder value, and recorded strong performance that delivered sustainable long-term value for shareholders. The bank also strengthened its role as a trusted financial partner supporting individuals, businesses, and communities across the country.

Macharia paid tribute to Ocitti’s contribution, describing his service as distinguished and invaluable.

“At the same time, we extend our deep gratitude to Mr. Mark Ocitti for his distinguished service, dedication, professionalism and invaluable contribution to the Board over the past nine years,” he said.

Equity Bank Uganda said the leadership transition reflects its commitment to strong corporate governance, continuity, and building resilient institutions capable of driving inclusive growth and prosperity.

The bank reaffirmed its commitment to championing financial inclusion, empowering communities, and unlocking Uganda’s economic potential within the regional and continental landscape.

 

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