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MTN Mobile Money Uganda Appoints Phrase Lubega as Managing Director

Summary by CEO East Africa
MTN Mobile Money (U) Limited has appointed seasoned telecommunications and fintech executive Phrase Lubega as its new Managing Director, subject to regulatory approval by the Bank of Uganda. The appointment confirms a story first published by CEO East Africa Magazine on May 24, 2026, which revealed that Lubega was being lined up to take over the leadership of MTN Mobile Money Uganda as the company prepared for its next phase of growth and innova…
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MTN Mobile Money (MoMoMo) Uganda has appointed Phrase Lubega to the position of Managing Director, subject to the approval of the Bank of Uganda. He succeeds the Acting Managing Director, Sarah Bateta Okwi, who has been managing the Fintech subsidiary for several months, following an internal transition. The appointment, announced by the President of the...

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CEO East Africa broke the news on Thursday, June 4, 2026.
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