Julius Kakeeto
Julius Kakeeto | |
|---|---|
| Born | Kampala, Uganda |
| Occupation(s) | Accountant, business executive, banker |
| Years active | 1998–present |
| Known for | CEO of PostBank Uganda and Orient Bank |
Julius Kakeeto is a Ugandan professional in accounting, business, and banking leadership. Since November 2019, he has held the position of managing director and chief executive officer at PostBank Uganda. Before this role, from 2015 until 2019, he served as the managing director and CEO of Orient Bank, a commercial bank based in Uganda.
Background and education
Julius Kakeeto was born at St. Francis Hospital Nsambya in Kampala, Uganda. He is the son of Engineer Hillary Kakeeto, a civil servant, and Maria Goretti Kakeeto. His early education took place at St. Mary's College Kisubi. He later obtained his ACCA qualification from Strathmore University in Nairobi, Kenya. Kakeeto earned an MBA from Manchester Business School in the United Kingdom and is recognized as a Fellow of the Association of Chartered Certified Accountants (FCCA) in the UK. Furthermore, he is affiliated with the Institute of Certified Public Accountants of Uganda (ICPAU) and completed the Advanced Management Program (AMP Class 206) at Harvard Business School.
Career
Between 1998 and 2000, Kakeeto was employed by Ernst & Young before moving to Citibank Uganda in 2000, where he advanced to the role of Chief Financial Officer. He subsequently worked at Citibank's Africa Division headquarters located in Johannesburg, South Africa, followed by an assignment at their London office. In London, his responsibilities included Strategy and Planning, and he later held the title of Vice President within the Investment Banking Division with a focus on Emerging Markets. Prior to his tenure at Orient Bank, he was Finance Director at Equity Bank (Uganda). In 2015, Kakeeto officially became CEO of Orient Bank after serving as acting CEO since 2014, guiding the institution from being Uganda’s most loss-making bank to achieving a position among the industry's upper half in performance.
In 2019, Kakeeto assumed the role of managing director and CEO at PostBank Uganda, succeeding Steven Mukweli amidst corruption allegations. Under his leadership, PostBank underwent restructuring that resulted in obtaining a Class 1 license from the Central Bank, authorizing it to operate fully as a Tier 1 commercial bank.