The Uganda Development Bank (UDB) has moved to strengthen its digital transformation agenda with the appointment of Peter Mukuru as Director of Business Technology and a member of the bank’s Executive Committee.
The strategic hire, announced in February 2026, underscores UDB’s commitment to leveraging technology to deliver development financing more efficiently and at scale.
Mukuru brings more than 20 years of executive leadership experience in business technology and digital transformation across government agencies, development finance institutions and the private sector.
Before joining UDB, he served as an IT Project Manager at the African Development Bank, where he led enterprise-level digital modernisation initiatives aimed at strengthening financial systems, enhancing digital workplaces and improving institutional resilience across multiple countries.
His career also includes senior technology leadership roles at the Uganda Bureau of Statistics, the Uganda Communications Commission and the National Water and Sewerage Corporation.
At UDB, Mukuru is tasked with aligning technology strategy with the bank’s development mandate. His role will focus on integrating emerging technologies to enhance operational efficiency, strengthen governance and risk management frameworks, and improve customer service delivery.
For a development finance institution operating in an increasingly data-driven and regulated environment, a robust technology backbone is critical.
His appointment signals that UDB views digital capability not merely as an IT function, but as a core strategic lever. As the bank intensifies efforts to mobilise capital, support industrialisation and finance transformative projects, technology will play a central role in enabling faster credit appraisal, improved monitoring of funded projects and data-driven decision-making.
Mukuru’s leadership is therefore expected to position UDB as a more agile, resilient and innovation-driven institution at the heart of Uganda’s economic transformation agenda.