Stanbic Bank Uganda’s Anne Juuko named on Africa.com 2023 Definitive List of Women CEOs

Anne Juuko, the Chief Executive Officer of Stanbic Bank Uganda, has been named on the Africa.com 2023 Definitive List of Women CEOs.

Juuko, who is ranked 21st on the list of 40 people, is the only one from Uganda, having led Stanbic Bank to revenue of $267 million.

Africa.com analyzed 2,020 companies listed on the 24 African stock exchanges with revenue of $100 million or more, or a market cap of $150 million USD or more, which yielded a list of 787 companies.

The data-driven list recognizes women who are leading large businesses.

Reacting to the ranking, Juuko said: “It’s such an honour to be recognized alongside other celebrated women leaders on our continent, for the third time in a row. It’s an honour because Uganda has hundreds of brilliant, hardworking women who are breaking the proverbial glass ceiling, every day, in their respective fields of practice.”

“Many of them, I know personally, as they are my colleagues at work and in the financial services sector where I have been active for the last two decades. So, allow me to say that this recognition is not mine alone but one that I wish to accept, on behalf of my fellow women at Stanbic Uganda with whom we give our very best, daily, to make a difference in our country and to also give the African girl child the confidence and reason to believe that whatever they seek to become—it can be,” she added.

The Africa.com list is compiled over many months through a deep research effort, starting with data provided by Bloomberg on all the listed companies in Africa.  From there, the research team culled the data to meet the required size requirements, and then further determined which of those companies had women at the head.

The list also includes women who lead divisions of listed companies, such that the division would qualify for the list were it a standalone entity, and the women who lead the Africa region for globally listed companies, such that the region would qualify for the list were it a standalone entity.

Anne Juuko is ranked 21^st on the 40-person list, leading Stanbic Bank Uganda with reported revenue of $ 267 million. The list is topped by Natascha Viljoen, CEO of Anglo-American Plc with Revenue of $ 41.6 billion.

The list includes 40 women from South Africa, 12 from Nigeria, and 6 from Egypt, Ghana and Kenya, respectively.

“It’s such an honour to be recognized alongside other celebrated women leaders on our continent, for the third time in a row. It’s an honour because Uganda has hundreds of brilliant, hardworking women who are breaking the proverbial glass ceiling, every day, in their respective fields of practice,”

Anne Juuko, the Chief Executive Officer of Stanbic Bank Uganda,

In East Africa, Kenya has two women on the list including Jane Karuku Group Managing Director & CEO East African Breweries in 8th place with revenue of $ 970 million, and Nasim Devji, Group CEO & Managing Director Diamond Trust, in 14th place and revenue of $ 370 million.

Tanzania and Rwanda each have one woman on the list, including Ruth Zaipuna CEO of NMB Bank Plc with revenue of $485 million, and Bank of Kigali’s Diane Karusisi in 24^th place with revenue of $ 218 million.

Africa.com is a women-led, modern digital media holding company with an extensive array of platforms that reach a global audience interested in African content and community.

Africa.com operates from South Africa and the United States with a presence in Accra, Cape Town, Johannesburg, Lagos, and Nairobi.