Dr. Aminah Zawedde has been named a non-executive director of dfcu Bank, one of the leading financial institutions in Uganda.
The appointment was approved by the Board of Directors of dfcu Limited and she assumed the role on August 24.
Dr. Aminah Zawedde is a senior researcher and lecturer at the School of Computing and Informatics Technology of Makerere University.
Also a member of the National Information Technology Authority Uganda (NITA-U) Board of Directors, the academician has served at the university in different positions for the last 15 years.
She holds a Ph.D. in Computer Science from the Eindhoven University of Technology in the Netherlands and is a Certified Information Systems Auditor.
"She brings on board vast experiences in IT initiatives and strategic leadership from both the public and private sector," reads an official statement released by Ligomarc Advocates on behalf of the Board of Directors. "The Board takes this opportunity to welcome Dr. Zawedde and wish her a successful tenure with the board."
According to its 2019 financial results, Dfcu bank registered growth in profitability of Shs73.4 billion, representing a 21% growth compared to Shs60.9 billion in 2018.
The results also show that overall, interest expense reduced by 7 percent from Shs104.7 billion to Shs97.8 billion, net interest income of the company increased by 3 percent from Shs221.1 billion to Shs227.4 billion in 2019.
During the period, the bank's asset base increased by 1 percent from Shs2.916 trillion to Shs2. 958 trillion supported by strong growth in loans and advances.
