EADB names former Stanbic Uganda boss Anne Juuko director-general
The East African Development Bank (EADB) has appointed former Stanbic Bank Uganda chief executive Anne Juuko as its director-general. The bank has been without a substantive head for almost two years.
Ms Juuko took office on October 2. The bank’s Governing Council also approved reforms aimed at strengthening governance and improving the lender’s performance.
She replaces Benard Mono, the bank’s senior director for finance and treasury. Mr Mono has run the Kampala-based lender in an acting capacity since Kenyan banker Vivienne Yeda left at the end of December 2024 after 17 years at the helm.
Ms Juuko joins from Standard Bank Group, where she was regional head of global markets for Eastern Africa.
She has more than 20 years of experience in banking and financial markets across East and Southern Africa. Before her Standard Bank Group role, she was managing director and chief executive of Stanbic Bank Uganda and head of corporate and investment banking at Standard Bank Namibia. Earlier, she held senior roles at Citibank Kenya and Citibank Uganda.
“Anne Juuko is a distinguished financial sector leader with a strong record of delivering growth across multiple African markets,” said Yusuf Murangwa, Rwanda’s Finance minister and chairperson of the EADB Governing Council.
“Her deep understanding of the region’s economies, capital markets and development financing will be invaluable as EADB enters its next phase.”
The leadership change comes after a strong year for the lender.
EADB’s profit before tax rose 51 percent in 2025, and loan disbursements jumped 140 percent.
The bank also kept its investment-grade credit ratings of A from S&P Global and Baa3 from Moody’s, both with stable outlooks.
“Ms Juuko joins EADB at a pivotal moment, inheriting a strong foundation from which to accelerate the bank’s transformation, unlock its considerable untapped potential, and deepen its impact across the region,” Mr Murangwa said.
The Governing Council did not give details of the reforms. It said they were meant to strengthen the bank’s governance and overall performance.
The bank said strong governance is essential to building a credible development lender that can deliver better results for its member states.
Ms Juuko said her priorities would be to deepen the bank’s development finance role, unlock new sources of long-term capital and build strategic partnerships.
“It is a privilege to join an institution that has been in existence for almost sixty years, and I am excited to work with stakeholders across the region to build on that foundation and deliver even greater impact for future generations,” she said.
The Governing Council thanked Mr Mono for providing continuity and stability during the transition.
EADB was set up in 1967 under the original East African Community treaty. Its member states are Kenya, Uganda, Tanzania and Rwanda.
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