KAMPALA, Uganda – Equity Bank Uganda has announced the appointment of Henry Rugamba as the new Chairperson of its Board of Directors, effective 15th June 2026, marking a significant leadership transition for one of Uganda’s leading financial institutions.
Rugamba succeeds Mark Ocitti, who has retired after serving with distinction as Director and Chairperson of the Board.
According to the Equity bank Uganda, Rugamba brings more than 30 years of experience in strategic communications, stakeholder engagement, corporate affairs, governance, and leadership across both the public and private sectors. His wealth of experience is expected to support Equity Bank Uganda’s continued efforts to deepen financial inclusion, strengthen enterprise development, and create sustainable economic opportunities for communities across the country.
The Board expressed confidence that Rugamba’s leadership, extensive governance experience, and commitment to institutional excellence will help advance the bank’s strategic vision and long-term growth objectives.
As the bank welcomes its new Board Chairperson, it also paid tribute to outgoing Chairperson Mark Ocitti for his exceptional contribution and leadership over the years.
During Ocitti’s tenure, Equity Bank Uganda strengthened its institutional capacity, expanded its market presence, enhanced stakeholder value, and reinforced its position as a trusted financial partner committed to empowering individuals, businesses, and communities. The bank credited his stewardship with helping drive sustainable growth and creating long-term value for shareholders.
The leadership transition underscores Equity Bank Uganda’s commitment to strong corporate governance, continuity, and building resilient institutions capable of driving socio-economic transformation.
Speaking on the transition, the bank noted that it remains steadfast in its mission of championing financial inclusion, empowering people, and fostering prosperity across Uganda and the wider region.
The appointment comes at a time when Equity Bank Uganda continues to expand its footprint and strengthen its role in supporting economic development through accessible financial services, innovation, and community-focused initiatives.
