Joel Muhumuza has been appointed the Chief Executive Officer of FlyHub Uganda Limited, a newly created FinTech company of Stanbic Bank Uganda.
FlyHub joins SBG Securities, Stanbic Bank Incubator Limited and Stanbic Bank Uganda as the subsidiaries of Stanbic Bank Uganda Holdings Limited (SBUL).
Muhumuza has been the Country Director of JUMO East Africa, a digital lending Fintech, and Manager Financial Services at Financial Sector Deepening Uganda.
He has ten years of experience in the digital financial services arena having worked in Uganda , Kenya, Zambia, and South Africa.
He also worked as the Product and Business Development lead at UNCDF in Zambia and South Africa, as well as Commercial lead for the AppLab under Gates Foundation.
FlyHub’s mandate is to extend the horizon of appropriate digital financial technology usage in both Standard Bank Group, and other key market actors, in the delivery of quality financial products to businesses and individuals.
Reporting to SBUHL’s Chief Executive, Muhumuza will provide strategic vision and direction for the company to set the right foundation for success.
He is also tasked to build the right processes and put a quality team in place to execute the Standard Bank Group agenda of providing relevant technology solutions to meet the bank and clients’ needs.
“It’s a pleasant honour to be appointed FlyHub’s first Chief Executive. I am looking forward to building and leading a team that will help achieve our mission of being a technology solutions hub for financial service providers and businesses in Uganda and beyond,” said Muhumuza.
Joel holds an MBA, Bachelor’s Degree in Commerce, and a Digital Finance certification from Tufts University DFA program.