The East African Development Bank (EADB) has appointed Anne Juuko as its new director general, effective October 2, 2026. Juuko succeeds Benard Mono, who has been holding the position in an acting capacity as the bank's Senior Director for Finance and Treasury. With over twenty years of experience in banking, financial markets, and executive leadership across East and Southern Africa, Juuko is expected to bring significant expertise to her new role.

Juuko joins EADB from the Standard Bank Group, where she served as Regional Head of Global Markets for Eastern Africa. Prior to this, she held senior positions at various financial institutions, including Managing Director and Chief Executive Officer of Stanbic Bank Uganda, Head of Corporate and Investment Banking at Standard Bank Namibia, and roles at Citibank Kenya and Citibank Uganda. Her deep understanding of the region's economies, capital markets, and development financing is expected to be invaluable to EADB.

EADB Governing Council Chairperson Yusuf Murangwa expressed confidence in Juuko's ability to advance the bank's interests across the region. He highlighted her strong record of delivering growth across multiple African markets and her experience in development financing. Murangwa, who also serves as Rwanda's Minister of Finance and Economic Planning, emphasized that Juuko's leadership will be crucial as EADB enters its next phase.

Juuko has outlined her priorities for the role, including deepening the bank's development finance role, unlocking new sources of long-term capital, and cultivating strategic partnerships to expand EADB's reach and deliver lasting socio-economic impact across the region. With her extensive experience in regional banking and financial markets, Juuko is well-positioned to drive growth and development in East Africa.

The appointment of Juuko as EADB director general comes at a critical time for the bank, as it seeks to enhance its development finance role and address the socio-economic challenges facing the region. With a strong background in banking and financial markets, Juuko is expected to play a key role in shaping EADB's strategy and driving its growth.

EADB's growth and development plans are expected to be influenced by Juuko's experience in executive leadership and her understanding of the region's economies and capital markets. Her appointment has been welcomed by stakeholders, who see her as a strong leader with the potential to drive positive change in the region.

As Juuko assumes her new role, she will be expected to build on the achievements of EADB's management and staff, while working closely with the Governing Council to ensure excellence in governance. With her extensive experience and expertise, Juuko is well-positioned to lead EADB to new heights and make a lasting impact on the region's socio-economic development.

Key points

  • Anne Juuko has been appointed as the new director general of the East African Development Bank (EADB), effective October 2, 2026.
  • Juuko brings over twenty years of experience in banking, financial markets, and executive leadership across East and Southern Africa to her new role.
  • Her priorities include deepening EADB's development finance role, unlocking new sources of long-term capital, and cultivating strategic partnerships to drive growth and development in the region.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.