Housing Finance Bank appoints Twinamasiko to lead operations as digital banking expands

What the report says

Housing Finance Bank (HFB) has named David Twinamasiko as its new Head of Operations, with the appointment taking effect on November 2, 2026, according to The Independent Uganda. The bank said the move is part of a broader push to strengthen leadership as it expands digital and self-service banking options for customers in Kampala and beyond.

The report says HFB is investing in a revamped mobile app and plans to grow its ATM network, alongside other technology-driven services. The bank indicated that these initiatives depend on strong internal systems, dependable infrastructure and coordinated operations so customers can receive consistent service across digital platforms, ATMs and branches.

Twinamasiko said his focus will be on reinforcing the operational systems that support the bank’s growing range of services. The article notes that he brings more than 25 years of banking experience, including over 17 years at HFB, where he has worked in branch management, electronic delivery channels and alternative banking roles. He previously helped manage implementation of the bank’s Flexcube core banking system.

The Independent Uganda also reported that HFB recognised James Daniel Nsibuka for serving as Acting Head of Operations during the transition. More broadly, the appointment reflects a wider trend in banking toward greater reliance on digital channels, which increases the importance of back-end systems and service reliability.