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Airtel Mobile Commerce Uganda Limited – AMCUL

Kampala- 3rd May 2022: Airtel Mobile Commerce Uganda Limited (AMCUL), the nation’s leading mobile financial solutions provider, today appointed the Hon. Maria Kiwanuka as Board Chair.

The appointment which was announced by Airtel Money Africa Group CEO, Mr. Vimal Ambat, is among the changes which also saw AMCUL CEO, Mr. Aritho Kinyua Japheth and Big Drum Advisory Services Team Leader , John Muhaise Bikalemesa to join the AMCUL Board of Directors.

Hon. Maria Kiwanuka, an accomplished development and finance expert, served as Uganda’s Minister of Finance, Planning and Economic Development between 2011 and 2015.

In addition, she has more than 15 years of professional experience at the World Bank as an economist and financial analyst in different countries around the world. She also worked at the Global Green Growth Institute.

While announcing the Hon. On the appointment of Maria Kiwanuka as Chairman of the Board, Mr. Vimal Ambat, CEO of Airtel Money Africa Group, said:

“Airtel Mobile Commerce Uganda Limited (AMCUL), is pleased to appoint and fully leverage the expertise, experience and leadership of Hon. Maria Kiwanuka as Chairman of the Board.

His skills and capabilities will be important as we guide AMCUL through its next phase of growth and our goal of deepening financial inclusion in the country.

We are confident that his skills, along with those of the other members, will enrich the AMCUL Board of Directors as he effectively defines and implements the direction and strategy of the organization.”

Accepting the nomination, the Hon. Maria said:

“I am touched by the confidence that the shareholders of AMCUL have shown in me and by the responsibility that they have entrusted to me.

I want to assure our stakeholders that I will offer my best abilities to lead the transformation of this company to deliver value to shareholders and to Uganda, our beloved country.

AMCUL 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.

Appointments take effect immediately.


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