Insight

MTN Mobile Money (MoMo) CFO Sarah Bateta Okwi recently highlighted the strides being made in the financial inclusion of women through the digitisation of banking services.

When Dennis Musau, chief finance and value officer at Stanbic Bank, took up the position in 2022, the organisation had already expanded the role, elevating the CFO from chief accounting officer to the CEO’s thinking partner. At the recent CFO East Africa Summit in Nairobi, Dennis offered his insights on transitioning the role of the CFO to include a value management perspective.

At the recent CFO East Africa Uganda launch, EABL group CFO Risper Genga Ohaga participated in a panel discussion where she offered her insights on the balance between technical skill and adaptability, encouraging CFOs to take more risks to catalyse the growth of their organisations.

While attending his 5th CFO East Africa summit in Nairobi in August 2024, Bobmil Industries Limited group CFO Juzer Adamjee reflected on the changing role of the CFO. He encouraged upcoming CFOs to develop their skills beyond traditional accounting to prepare themselves for the more demanding strategic roles.

In his remarks at the CFO of the Future summit held in Nairobi in August, MTN Uganda CFO Andrew Bugembe shared insights on risk management amid the increasing adoption and reliance on artificial intelligence (AI).

When Stanbic Bank Kenya's chief finance and value officer (CFVO), Dennis Musau, turned 40, he sought a meaningful way to celebrate the milestone.

Andrew Bugembe, CFO of MTN Uganda, has been in the telecom industry for over 25 years. He started in Uganda in 1998, spent a few months in Rwanda, moved to Ghana for four and a half years, then to Liberia, Congo Brazzaville - and finally returned to Uganda in 2020, just before the Covid-19 pandemic began.

Yusuf Omari, CFO of Absa Bank Kenya recently spoke at the financial services provider's 2023 Sustainability Report event in Nairobi.

Kevin Nyakeri is currently the CFO of ICEA Lion Life Assurance, a company specialising in pensions and long-term insurance, with a focus on human-related services. He began his career at EY, and after a five-year stint, transitioned from audit to the broader business world.

Prominent East Africa finance leaders Daisy Wanjie, group CFO of Africa Guarantee Fund (AGF); Dilip Pal, Group CFO of Safaricom; and Yusuf Omari, CFO of Absa Bank Kenya, recently participated in a panel discussion, during the release of Absa Bank Kenya's 2023 Sustainability Report in Nairobi. 

The pulse rate of any organisation is felt through its working capital. Working capital translates strategy into action. It is the lifeline. It represents the reality of what a company can effectively demonstrate as its strength. This is precisely why cash is still considered king, while profits remain opinions, writes FD Michael Nzule, finance and strategy director at Mitchell Cotts Group.

Kinya Kimotho serves as the finance director for partner emerging markets at Diageo, overseeing approximately 42 markets in Africa where Diageo does not have a physical presence. These markets range from smaller regions like Burkina Faso and Niger to larger ones such as Ethiopia. Describing herself as a "serial FD", Kinya is in her fourth finance director role.

Nicholas Masaba, the CFO of C-Care Health Uganda, participated in the recent CFO East Africa Uganda Launch Summit, sharing his insights on the evolving role of CFOs and the broader strategic influence they must now wield.

Speaking at the CFO East Africa Uganda launch summit, Patrick Mweheire, the regional CEO of Standard Bank Group in East Africa, outlined a vision for the future of financial leadership in the region.

In a compelling presentation at the CFO East Africa Summit, Juma Kimori, the CFO of NMB Bank, laid out his vision for the evolving role of CFOs in today’s dynamic business environment. He highlighted the significant transformation of the CFO's role from traditional financial stewardship to strategic leadership focused on value creation, digital innovation, and sustainability.

The regional CEO of Standard Bank Group in East Africa, Patrick Mweheire, is set to deliver a keynote address at the CFO East Africa Uganda Launch Summit to be held in Kampala on the evening of 22 August 2024.

The CFO of MTN, Uganda’s leading telecommunications service provider, Andrew Bugembe is set to deliver a speech at the CFO East Africa CFO of the Future Summit to be held in Nairobi on the evening of 15 August 2024.

At a recent company annual general meeting “activists outnumbered shareholders”, Nelly Kiogora-Toroitich, the finance director of Unilever East Africa, recently explained at the CFO East Africa ESG Summit. This, she says, shows that people are more informed and pushing for the agenda of sustainability.

At the launch of the CFO East Africa Tanzania Chapter, the former CFO and now CEO of NMB Bank Ruth Zaipuna discussed the transformative journey of the finance leader’s role in today’s dynamic and ever-evolving business landscape.

At the recent CFO East Africa ESG Summit, Alkarim Jiwa, finance and strategy director of banking group DTB, shared his thoughts on the subject of sustainability, explaining that it needs to resonate with the organisation’s purpose.