Uganda, March 25 -- Diamond Trust Bank has appointed Godfrey Sebaana, as the new chief executive officer and managing director.

The appointment takes effect on April 2.

Mr Sebaana, a seasoned banker with more than 20 years of experience, takes over from Mr Varghese Thambi, who has been at the helm since July 2007.

Mr Thambi will retire from the Bank at the end of March 2024, but will remain available for a time afterwards to ensure a smooth transition.

Mr Azim Kassam, the DTB Uganda chairman, said the bank looks forward to leveraging Mr Sebaana rich domestic and regional banking knowledge and expertise to accelerate DTB's growth.

Mr Sebaana has worked in Uganda and Tanzania and was most recently the executive director and head of cor...