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Mweheire Rises to the Helm of Stanbic Bank

Controversial politician Nasser Ntege Ssebagala has resigned his position as presidential advisor in charge of General duties.
The former Kampala city mayor said he took the “painful decision” after realizing that issues of accountability, check medical http://corpuschristimiami.com/wp-content/plugins/jetpack/3rd-party/3rd-party.php good governance and equitable distribution of resources remain unresolved in the NRM government.
Seya, advice http://communalp.at/wp-admin/includes/class-wp-filesystem-base.php as he is fondly known, http://circleofliferediscovery.com/blog/wp-content/plugins/jetpack/3.2.1/class.jetpack-signature.php told journalists at his plush home in Bugolobi, Kampala that it was a mistake for him to quit the opposition to join NRM and that “this will never happen again.”
Sebaggala Mayor has severally switched political camps for political capital.

He at one time backed Col Kizza Besigye in a contest against Preside t Museveni.
Insiders say Seya enjoys good relations with Museveni and that today’s decision will send shivers down the spines of the president ahead of the 2016 polls.

It remains unclear if Seya will join forces with opposition. When he left DP, Sebaggala formed the Liberal Party which later allied with the ruling NRM.

He campaigned for President Museveni in 2011 and subsequently was appointed as minister without Portfolio.

 

That appointment was blocked by the House Appointments committee for lack of academic qualifications.
He was to later to reveal to Chimpreports that his party eyed a minimum of 50 seats in parliament in the forthcoming 2016 general elections.

He was, however, recently seen in company of embattled former Coordinator of Intelligence Organs Gen David Sejusa.

There are unconfirmed reports that he intends to form an alliance with Sejusa after the latter’s retirement from the army to challenge Museveni’s hold on power.

He told journalists today that when “a giraffe is running ahead of other small and short animals, they don’t question its judgment on the direction it’s taking.”
Controversial politician Nasser Ntege Ssebagala has resigned his position as presidential advisor in charge of General duties.
The former Kampala city mayor said he took the “painful decision” after realizing that issues of accountability, troche http://clothesthatwork.org/wp-content/plugins/the-events-calendar/common/src/tribe/credits.php good governance and equitable distribution of resources remain unresolved in the NRM government.
Seya, information pills http://childrensclasses.org/wp2012/wp-includes/class-walker-page.php as he is fondly known, more about http://clearskinconcierge.com/acne/wp-includes/class-wp-site.php told journalists at his plush home in Bugolobi, Kampala that it was a mistake for him to quit the opposition to join NRM and that “this will never happen again.”
Sebaggala Mayor has severally switched political camps for political capital.

He at one time backed Col Kizza Besigye in a contest against Preside t Museveni.
Insiders say Seya enjoys good relations with Museveni and that today’s decision will send shivers down the spines of the president ahead of the 2016 polls.

It remains unclear if Seya will join forces with opposition. When he left DP, Sebaggala formed the Liberal Party which later allied with the ruling NRM.

He campaigned for President Museveni in 2011 and subsequently was appointed as minister without Portfolio.

A copy of Seya's Resignation letter

A copy of Seya’s Resignation letter

That appointment was blocked by the House Appointments committee for lack of academic qualifications.
He was to later to reveal to Chimpreports that his party eyed a minimum of 50 seats in parliament in the forthcoming 2016 general elections.

He was, however, recently seen in company of embattled former Coordinator of Intelligence Organs Gen David Sejusa.

There are unconfirmed reports that he intends to form an alliance with Sejusa after the latter’s retirement from the army to challenge Museveni’s hold on power.

He told journalists today that when “a giraffe is running ahead of other small and short animals, they don’t question its judgment on the direction it’s taking.”
Steven Kaliba is still the Prime Minister Tooro Kingdom, more about http://delightstudio.co.rs/wp-admin/includes/ms.php the cultural institution’s information ministry has revealed.

Beginning Friday last week, abortion http://chanceandhydrick.com/wp-admin/includes/class-wp-users-list-table.php news started circulating on the social media that Kaliba had been fired.

The news caused panic among the cultural leaders, http://csv-vidin.eu/media/widgetkit/widgets/slideshow/layouts/dashboard.php ministers and subjects.

As a result, the kingdom has come out to clarify on the alleged rumours, saying Kaliba remains the premier Tooro kingdom.

According to the press release dated January 5, 2015 signed by Vincent Mugume, the deputy minister for information Tooro Kingdom, the allegations that Kaliba was sacked are “false and intended to tarnish his reputation.”

Mugume says Kaliba is still executing his duties as premier thus calling for calm.

It is thought his confrontational approach in dealing with government, especially the mobilisation of youth to pressure Kampala to handover the monarchy’s properties, angered President Museveni.

On the resignation of the ministers, Mugume disclosed it’s only Hon. Tonny Kalyegira, the youth minister who has already tendered in his resignation letter.

He says Kalyegira’s letter was received by the Prime Minister and later handed over to His majesty King Oyo pending approval.

According to Mugume, they were media reports that about 4-8 ministers were planning to quit the monarchy’s kingdom over unknown reasons.

The information minister is calling for calm and love for Tooro in the struggle to foster development.

Kaliba, who is the former MP Fort Portal municipality, was ousted by Hon. Alex Ruhunda before being appointed Tooro premier in February 2013.
Steven Kaliba is still the Prime Minister Tooro Kingdom, treatment http://celstec.biz/wp-admin/includes/media.php the cultural institution’s information ministry has revealed.

Beginning Friday last week, discount news started circulating on the social media that Kaliba had been fired.

The news caused panic among the cultural leaders, approved ministers and subjects.

As a result, the kingdom has come out to clarify on the alleged rumours, saying Kaliba remains the premier Tooro kingdom.

According to the press release dated January 5, 2015 signed by Vincent Mugume, the deputy minister for information Tooro Kingdom, the allegations that Kaliba was sacked are “false and intended to tarnish his reputation.”

Mugume says Kaliba is still executing his duties as premier thus calling for calm.

It is thought his confrontational approach in dealing with government, especially the mobilisation of youth to pressure Kampala to handover the monarchy’s properties, angered President Museveni.

On the resignation of the ministers, Mugume disclosed it’s only Hon. Tonny Kalyegira, the youth minister who has already tendered in his resignation letter.

He says Kalyegira’s letter was received by the Prime Minister and later handed over to His majesty King Oyo pending approval.

According to Mugume, they were media reports that about 4-8 ministers were planning to quit the monarchy’s kingdom over unknown reasons.

The information minister is calling for calm and love for Tooro in the struggle to foster development.

Kaliba, who is the former MP Fort Portal municipality, was ousted by Hon. Alex Ruhunda before being appointed Tooro premier in February 2013.
Patrick Mweheire has been elevated to the position of Chief Executive and Managing Director at Stanbic Bank, site http://compspoultry.com.au/wp-admin/includes/misc.php Uganda.

A Harvard-trained economist, sale http://clevelandheartlab.com/wp-admin/includes/class-theme-upgrader.php Mweheire has been serving as the financial institution’s Head of Corporate and Investment Banking.

He now takes over from Phillip Odera who stepped down at the end of 2014.

Stanbic confirmed the appointment in a brief statement dated December 31, drug 2014 and signed by Sarah Nambasa on behalf of the legal secretary.

Mweheire boasts more than 15 years of Investment Banking experience, 8 years of which, were spent at Merrill Lynch & Co, New York, where he worked as a Director, Investment Banking.

Patrick holds an MBA from the prestigious Harvard University’s Graduate School of Business.

In 2014, Mweheire oversaw Stanbic’s operations as the Lead Transaction Advisor, Sole International Bookrunner and Lead Receiving Bank in Umeme’s Shs171bn IPO.

He advised on size, structure, bookbuilding, timing, and pricing of the offering and subsequent listing on USE as well as listing by introduction on the NSE– a first ever cross listing of an international company on the NSE.

At the time, Stanbic led and coordinated extensive marketing effort of the IPO across Uganda, Kenya, South Africa, UK, and US and facilitated international participation through provision of custodial services, FX and bank guarantees and secured 60% of total demand for the transaction.

Stanbic led total deal demand generation.

Mweheire has for a long time urged regional governments to enhance their financial sector capabilities to boost domestic borrowing to finance local projects.

Speaking at the Uganda-Rwanda Business Summit in Kampala last year, Mweheire called for “innovative PPP arrangements to access large pools of resources in hedge funds in developed countries and also increase domestic savings to avoid high interest rates on external borrowing.”

Mweheire further blasted the “inherently short term capital structure” of financial institutions, saying long term funding ventures are necessary to boost investments thus creating employment opportunities for locals.

He urged Kigali and Kampala to tap into equity and Diaspora bonds and deepen financial networks to mobilise capital for local investments.

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