People moves

Amr Atef has been appointed as the chief financial officer of M-PESA Africa, bringing with him over two decades of experience in the finance sector. He assumed his new role in September 2024 and is now based in Nairobi, Kenya, where he will oversee the company’s financial operations.

Noel Ngonyani has been appointed CFO of Tanzanian consulting firm Dolphin Professional Services. The move marks Noel’s entry into C-suite finance leadership, after having previously held the role of finance and administration manager at Muhima and Company for four years.

Hariss International Limited, one of Uganda’s foremost food and beverage manufacturers, has announced the appointment of Eunice Waweru as its new chief financial officer (CFO). The appointment marks a significant step forward for the company, as it continues to solidify its position as a key player in Uganda’s fast-moving consumer goods (FMCG) sector.

I&M Group has announced the appointment of David Ngata as the new Group CFO, effective 23rd September 2024. Subject to regulatory approval, David will take over the reins of the Group’s financial operations at a crucial time, bringing with him a wealth of experience in global financial services and deep expertise in financial management and analytics. He joins I&M Group from Equity Bank Group, where he served as the Group Director of Finance for over six years.

Rayson Foya has taken up the role of CFO at NBC Tanzania, effective 1 September 2024. He replaces Waziri Barnabas who has retired. Rayson leaves Standard Chartered after 19 years of service, having begun as a clearing officer in 2005 before moving to finance, where he held various roles including management accountant and head of business finance for corporate banking.

Ashington "Ash" Makau has announced his resignation from his role as regional CFO for Africa and Europe at Volcafe. He took on the position of regional head of Future Energies and LPG at Puma Energy, effective September 2024.

Berkeley Energy Uganda has announced the appointment of Stephen Byaruhanga as its new finance director, effective September 2024. With over 20 years of experience in financial management, Stephen brings a wealth of knowledge and expertise to his new role, where he will oversee the financial strategy for Berkeley Energy Uganda’s portfolio of eight renewable energy projects across the country.

After 18 months as the CFO of Uganda Airlines, Andrew Ssekamwa has left the national carrier and joined Movit Products as a chief commercial officer responsible for the Tanzania, Western DRC and Zambia markets. The transition is effective 1 September 2024.

Equity Bank Kenya has appointed Moses Okoth Nyabanda, currently the group chief finance and strategy execution officer at Equity Group Holdings, as acting managing director, pending approval from the Central Bank of Kenya. This follows current MD Gerald Warui's early retirement.

Experienced finance professional Eric Kanja has been appointed finance and strategy director of Kenya Breweries Limited (KBL) replacing Busola Doregos, effective 1 August 2024.

After a year as CFO of M-Pesa Africa, Haytham Ammar has moved to South Africa to take up the position of CFO of Vodacom’s international business.

Heritage Insurance Company Tanzania has announced the appointment of Japhet Valerian to the CFO position, effective June 2024.

Unga Group finance and ICT director James Nyutu has taken on the position of acting group managing director, following the departure of Joseph Choge.

In an exciting development for Letshego Faidika Bank (LFB), Benson Msangi has been appointed as its CFO, effective May 2024.

Dr Michael Mayanja Lugemwa has been appointed director of finance and operations at the Deposit Protection Fund (DPF) of Uganda, effective April 2024.

Billy Ngetich has been appointed acting CFO of I&M Group Plc. Billy is a seasoned finance professional, who has been making waves in the banking industry since August 2001 when he began his career as a business finance manager at KCB Bank.

Bernard Tesha has been appointed CFO of Absa Bank Tanzania. The appointment comes on the back of various personnel shifts that have occurred over the past 18 months.

Kevin Muregi has taken on the role of CFO at American Tower Corporation (ATC) Kenya. He previously held the role of finance manager responsible for reporting at the tower operator.

Trademark Africa, a prominent aid-for-trade organisation dedicated to enhancing prosperity through increased trade in Africa, has appointed Leah Kihara as its finance director.

Nelson Rwihula, the CFO of UAP Insurance Tanzania, was appointed chief executive of the company in January 2024, subject to regulatory approval, which has now been obtained.