Kampala, Uganda – dfcu Bank has announced the appointment of Hope Lorna Nakhayenze as its new Chief Risk Officer, effective March 1, 2025, as the bank seeks to strengthen its risk management framework amid industry-wide reforms.
In her new role, Nakhayenze will oversee risk management under the direction of the Board Risk Committee, developing and implementing a risk management framework to measure, report, and control financial and non-financial risks. Her duties will include guiding the definition of the bank’s risk appetite to support its strategic goals.
Nakhayenze brings over 17 years of experience in risk management, internal controls, and compliance to her new position. Her expertise spans finance, corporate treasury, audit assurance, and management consulting. She is a Fellow Chartered Certified Accountant (FCCA) and a Treasurer (Association of Corporate Treasurers), with a Bachelor of Science in Civil Engineering from Makerere University.
Prior to joining dfcu Bank, Nakhayenze held senior roles at Ecobank Uganda Limited, where she served as Head of Risk & Internal Control, and I&M Bank (Uganda) Limited, where she was Head of Risk and a Board Member of the Provident Fund. Her career has also included roles at Stanbic Bank, Barclays Bank, Hima Cement, and AH Consulting.
The appointment of Nakhayenze comes at a time when the banking industry in Uganda is undergoing significant reforms, with a focus on strengthening risk management and governance frameworks. The Bank of Uganda has been pushing for banks to enhance their risk management capabilities, and dfcu Bank’s appointment of a seasoned risk management expert is seen as a strategic move to ensure compliance with these reforms.
The bank expressed excitement about Nakhayenze’s appointment, stating that her leadership would strengthen risk management in line with global best practices. “We are delighted to welcome Hope to our team. Her extensive experience and expertise in risk management will be invaluable in driving our risk management strategy forward,” said a statement from the bank.
Nakhayenze’s appointment is expected to enhance dfcu Bank’s risk management capabilities, ensuring the bank’s continued growth and stability in Uganda’s financial sector. As the bank navigates the evolving regulatory landscape, Nakhayenze’s expertise will be critical in ensuring compliance and driving business growth.
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