Absa Group appoints Kenneth Mumba Kalifungwa as the Managing Director for Uganda

UGANDA – Absa Group has appointed Kenneth Mumba Kalifungwa, the former Executive Director, Finance at Absa Botswana, as its Managing Director, for Uganda. Mumba replaces Mr. Nazim Mahmood who has been heading the bank since June 2019. The company said Mahmood would work with Mumba over the coming weeks to ensure a smooth transition. Nazim was there on a short contract to manage the rebranding process as Absa searched for a substantive replacement for Rakesh Jha whose contract ended mid-2019. “We are delighted to announce the appointment of Mumba Kalifungwa…

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