Archbishop of Church of Uganda Partners with Equity Bank to Drive Self-Sustainability Initiatives.

 

The Most Rev Dr. Stephen Samuel Kaziimba Mugalu, Archbishop of the Church of Uganda, held a significant business meeting today with Mr. Anthony Kituuka, the Managing Director of Equity Bank Uganda, and the bank's top leadership team. The meeting took place at the bank's headquarters in Church House, Kampala, where strategies were discussed to enhance the Church's self-sustainability agenda.

Accompanied by key members of the Provincial Secretariat Management team and representatives from Church Commissioners Holding Company Ltd, Archbishop Kaziimba commended the role of Equity Bank in the growth of the Church of Uganda. He acknowledged the bank's support and emphasized their crucial role in the Church's financial independence journey, particularly through the rental income from Church House.

"We had a productive discussion with Equity Bank Uganda this morning, exploring strategies to fulfill our vision of a faster growing, sustainable, Christ-centered Church," Archbishop Kaziimba stated. "Equity Bank is our reliable and dependable banking partner, and they play a crucial role in our financial independence journey, starting with the rental income from Church House."

 

Expressing his gratitude, the Archbishop highlighted the appointment of Mr. Anthony Kituuka as the Managing Director of Equity Bank Uganda, along with his Executive Directors, Elizabeth Mwerinde Kasedde and Kenneth Onyango. He commended their commitment as Christians and their passion for fostering a strong relationship between the bank and faith-based institutions.

Archbishop Kaziimba praised Equity Bank for being the anchor tenant at Church House, currently occupying eight floors, and encouraged them to consider occupying the remaining five floors, an offer the bank's leadership expressed willingness to engage with.

Mr. Anthony Kituuka, the Managing Director of Equity Bank Uganda, reiterated the commitment of Dr. James Mwangi, the CEO and Managing Director of Equity Group, in supporting the Church of Uganda in various aspects of socioeconomic transformation. He expressed gratitude for the current working relationship with the Church and pledged the bank's support towards its self-sustainability agenda.

 

"While visiting Uganda Martyrs Museum Namugongo on June 3, 2023, I was impressed by the developments there," Mr. Kituuka remarked. "Equity Bank has been supportive in extending credit to fill gaps before government funds are released. We are committed to providing additional funds to ensure the vision of the Late Archbishop Mpalanyi Nkoyoyo, to turn Namugongo into a world-class faith tourism center, is achieved."

He also emphasized the potential for collaboration, highlighting the bank's rapid growth and its efforts to broaden its market base in Uganda by providing resources for commercial agriculture, insurance, business, and other areas of development.