Patrick Mweheire is a Ugandan investment banker and bank executive. He is the regional group managing director and regional group chief executive of Standard Bank Group for Eastern Africa. He took up this position on 1 March 2020.[1]
Patrick Mweheire | |
|---|---|
| Born | Patrick Mweheire 1970 (age 53–54) |
| Nationality | Ugandan |
| Alma mater | Daemen College (BA in History & Economics) Harvard Business School (Master of Business Administration) |
| Occupation | Bank Executive |
| Years active | 1994–present |
| Title | |
| Spouse | 1 |
Before that, from January 2015, until February 2020, he served as the managing director and CEO of Stanbic Bank Uganda Limited.[2] the largest commercial bank in the country, by assets[3] and branch list.
Background and education
editMweheire was born in 1970, to an affluent family, with three other siblings. He grew up on Nakasero Hill, arguably one of the most upscale residential neighborhoods in Kampala, the capital and largest city in Uganda. He attended Kings College Budo, for his O-Level and A-Level education, graduating in 1990. In 1990, he enrolled in Daemen College in upstate New York, graduating in 1994, with a magna cum laude degree of Bachelor of Arts in History and Economics, in 1994, also receiving the President's Medal awarded to the most distinguished student for that graduating year. In 1999, he graduated from Harvard Business School with the degree of Master of Business Administration (MBA).[4]
Career
editIn 1993, while still an undergraduate, Mweheire interned for three months on Wall Street, at Prudential Securities. After graduation in 1994, he was hired as a Financial Analyst in the investment banking division, working there until 1997. Following his MBA studies at Harvard Business School, he was hired by Merrill Lynch. He worked in their mergers & acquisitions -- investment banking division from 1999 until 2008, rising from a junior banker all the way to the top. In 2008, he was hired by Renaissance Capital to run their African investment banking unit, based out of London, with a presence in 7 African countries. In 2012, he relocated back to Uganda to take up the position of Executive Director and Head of Corporate and Investment Banking at Stanbic Bank Uganda (SBU).[4] In January 2015, the Board of Directors at SBU appointed Patrick Mweheire as managing director and CEO of the bank, replacing Philip Odera, a Kenyan national. Mweheire is the first Ugandan to head the bank since Standard Bank became majority shareholder in 2001.[5][6]
In 2020, Mweheire was appointed Regional Chief Executive for Eastern Africa (managing bank franchises in Kenya, Uganda, Tanzania, Ethiopia and South Sudan), for the Standard Bank Group, based in Nairobi, Kenya. He was replaced at Stanbic Bank Uganda, by another investment banker, Anne Juuko.[1]
Other responsibilities
editHe is married with one son. He is a fan of Chelsea FC, in the English Premier League.[4]
See also
editReferences
edit- ^ a b Martin Luther Oketch (25 February 2020). "Stanbic appoints Anne Juuko as new CEO". Daily Monitor. Kampala. Retrieved 2 March 2020.
- ^ Julius Businge (5 January 2015). "Uganda: Patrick Mweheire Named New CEO for Stanbic Uganda". The Independent (Uganda). Retrieved 22 January 2015 – via AllAfrica.com.
- ^ David Herbling (16 April 2014). "Stanbic Bank Uganda Raises Dividend Despite Net Profit Drop". The EastAfrican. Nairobi. Retrieved 22 January 2015.
- ^ a b c Mbanga, Jeff (20 January 2015). "Uganda: Mweheire Brings Wall Street Vigour To Stanbic". The Observer (Uganda) via AllAfrica.com. Retrieved 22 January 2015.
- ^ Abdulaziizi Tumusiime (8 January 2015). "Stanbic Gets Ugandan Boss". Daily Monitor. Kampala. Retrieved 25 February 2020.
- ^ John Gachiri (6 January 2015). "Ugandan Takes Over From Kenyan At Stanbic Uganda". Business Daily Africa. Nairobi. Retrieved 22 January 2015.
External links
edit- Stanbic Uganda boss heads EA bank units As of 3 March 2020.