Dorcas Balimukuubo Kiwemba and Steven Mwesige to bolster Pearl Bank management

What the report says

Pearl Bank has appointed two senior executives as it builds out its leadership team after a recent rebrand, according to The Independent Uganda. The bank named Dorcas Balimukuubo Kiwemba as Chief Legal Officer and Company Secretary, and Steven Mwesige as Chief Information Security Officer. The moves are framed by the bank as part of a broader push to strengthen governance, legal oversight and cybersecurity as it expands in Uganda’s banking market.

The report says Mwesige is a technology and risk executive with more than 15 years of experience in IT, cybersecurity and enterprise risk management. It notes that he has held several roles at the bank and helped drive security improvements, including work tied to internationally recognised ISO/IEC 27001:2022 and PCI DSS certifications. His background also includes risk governance, data protection and regulatory compliance.

Kiwemba is described as a lawyer with more than 14 years in financial services, including senior legal and governance positions at Standard Chartered Bank Uganda and Ecobank Uganda. The article says she has experience in board governance, legal risk management, compliance and company secretarial work, alongside private practice.

The appointments matter because banks are under growing pressure to manage cyber risk, regulation and governance while competing for customers and trust. More generally, leadership hires of this type often signal where a financial institution plans to focus next, although the article does not provide additional details on Pearl Bank’s expansion plans.