In a statement following his resignation, Uganda Equity Bank acknowledged Kituuka’s contributions, noting that his vision helped position the bank as a key player in Uganda’s financial landscape. His initiatives aimed at increasing access to banking services for underserved populations have been particularly noteworthy during his tenure.

While the exact reasons for Kituuka’s departure have not been disclosed, sources suggest that he may be pursuing new opportunities or responding to internal changes within the organization. The bank is currently in the process of evaluating candidates for his replacement and ensuring that leadership transitions smoothly to maintain operational continuity.

As stakeholders await further announcements regarding interim leadership and future strategies, Kituuka’s resignation marks a significant moment in Uganda Equity Bank’s history and raises questions about how this change will influence its ongoing projects and customer relationships.