Maria Kiwanuka named board chair of Airtel Mobile Commerce Uganda Limited

Former Finance Minister, Maria Kiwanuka named board chair of Airtel Mobile Commerce Uganda Limited

Kampala – 3rd May 2022: Airtel Mobile Commerce Uganda Limited (AMCUL), the leading mobile financial solutions provider in the country, has today appointed Hon. Maria Kiwanuka as Board Chair.

The appointment that was announced by Airtel Money Africa’s Group CEO, Mr. Vimal Ambat, is part of changes that have also seen AMCUL’s CEO, Mr. Aritho Kinyua Japheth and Big Drum Advisory Services’ Team Leader, John Muhaise Bikalemesa join the AMCUL Board.

John Muhaise Bikalemesa – Chairman of the Board Audit and Governance Committee

Hon. Maria Kiwanuka, an accomplished development and finance expert, was Uganda’s Minister of Finance, Planning and Economic Development between 2011 and 2015. In addition, she has over 15 years working experience at the World Bank as an economist and a financial analyst in different countries across the world. She has also served at the Global Green Growth Institute.

While announcing Hon. Maria Kiwanuka’s appointment as Board Chair, Airtel Money Africa Group CEO, Mr. Vimal Ambat said:“Airtel Mobile Commerce Uganda Limited (AMCUL), is pleased to appoint and fully leverage on the expertise, experience and leadership of Hon. Maria Kiwanuka as Board Chair. Her skills and capabilities will be important as we steer AMCUL in its next phase of growth and our aim to deepen financial inclusion in the country. We are confident that her skills, together with the other members’ will enrich the AMCUL Board as it efficiently sets and implements the organization’s direction and strategy.’’

“I am humbled by the confidence that the shareholders of AMCUL have demonstrated in me, and the responsibility they have placed before me. I wish to assure our stakeholders that I will offer my best abilities to lead the transformation of this business to deliver value for the shareholders and Uganda, our beloved country.” Hon. Maria said.

AMCUL’s CEO, Mr. Aritho who is also joining the board, previously served as Senior Vice President – Operations, Distribution and Controls at Airtel Money Africa. Mr. Muhaise has previous board experience having served at Standard Chartered Bank, Multi-Konsults Limited, Ugachick Uganda Limuted and Bestin Limited.

Japhet Kinyua Aritho – Managing Director AMCUL

The appointments take effect immediately.

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