PostBank CFO Ssenyange recognized as bank reports soaring growth

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PostBank’s CFO Peter Ssenyange is recognized for his role in the bank’s soaring financial growth—including a 20% income increase—as the institution prepares to rebrand to Pearl Bank.

KAMPALA, Uganda — Peter Ssenyange, the chief financial officer of PostBank Uganda, was the night’s biggest winner at the ninth annual Chief Financial Officer (CFO) Awards, taking home both the coveted CFO of the Year and the Sustainability Award.

The awards, launched by Deloitte Uganda and the Association of Chartered Certified Accountants (ACCA) Uganda, celebrate exceptional financial leaders who drive strategic decision-making and sustainable growth. This year’s event was held on Oct. 16, 2025, at the Kampala Serena Hotel, under the theme: “CFO vision: Creating Impact and Legacy.”

Ssenyange commented on his dual win, noting that the theme was an invitation for leaders to create impact. “The theme for this year’s awards was an invitation to not only be leaders and create an impact and legacy, but also a reflection of the crucial role we each play in our organizations as finance is a key segment of any entity,” he said.

He attributed the success to his team, management support and strategic planning.

During Ssenyange’s five-year tenure, PostBank (which is rebranding to Pearl Bank) has seen substantial growth. In 2024, the bank’s income increased by 20% to Shs. 248 billion, deposits grew 25% to Shs. 990 billion, and the loan book rose 19% to Shs. 719 billion.

Patrick Ayota, managing director of the National Social Security Fund (NSSF), delivered the keynote speech, urging CFOs to move beyond just numbers. He said the finance office is “at the pinnacle of an organization,” and therefore, “you should create impact because numbers are what you are paid for.”

Assistant Auditor General James Bantu, the chief guest, commended the awards for empowering finance leaders and recognizing excellence. He noted that over the past eight editions, 45 CFOs have been honored and 65 awards across nine categories have been presented.

Ssenyange’s Sustainability Award win follows PostBank recently attaining Sustainability Certification in Germany, a step that aligns with its five-year strategic plan. The bank’s transition to Pearl Bank continues to be guided by high-impact goals: to drive sustainable financial inclusion and stimulate entrepreneurship and service for Ugandans.

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