Stanbic Bank’s Ann Juuko only Ugandan among 2023 Africa’s Definitive Women CEOs

by Business Times
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Stanbic Bank Uganda’s CEO Anne Juuko is the only Ugandan named on the 2023 Definitive List of Women CEOs.

The data-driven list recognizes women who are leading large businesses that are also listed on one of Africa’s stock exchanges with a revenue of over $100 million, or a market cap of over $150 million.

The 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.

Juuko is ranked 21st 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 a Revenue of $ 41.6 billion. 

Commenting on the list, 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” she said.

She further added that, “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 also give the African girl child the confidence and reason to believe that whatever they seek to become—it can be.”

ALSO READ: Fitch upgrades Stanbic Bank’s credit rating

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