Stanbic Bank Chief Executive, Anne Juuko is the only Ugandan named on the Africa.com 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 Africa.com 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.
Anne 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 Revenue of $ 41.6 billion.
Commenting on the list, Anne 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. 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 to also give the African girl child the confidence and reason to believe that whatever they seek to become—it can be.”
In East Africa, Kenya has two women on the list including Jane Karuku Group Managing Director & CEO East African Breweries in 8th place with revenue of $ 970 million, and Nasim Devji, Group CEO & Managing Director Diamond Trust, in 14th place and revenue of $ 370 million.
Tanzania and Rwanda each have one woman on the list, including Ruth Zaipuna CEO of NMB Bank Plc with revenue of $485 million, and Bank of Kigali’s Diane Karusisi in 24th place with revenue of $ 218 million.