Seasoned tech guru Peter Mukuru appointed head of UDB’s business technology division

February 25, 2026 in Companies, Financial Services by Editor

Uganda Development Bank has appointed seasoned digital transformation leader Peter Mukuru as Director of Business Technology, signalling a renewed push to strengthen its digital infrastructure and governance as it scales development financing.

 

Uganda Development Bank (UDB) has appointed Peter Mukuru as Director of Business Technology, bringing on board a senior digital transformation specialist with more than two decades of leadership experience across development finance, regulation, government and utilities.

The appointment places a technology strategist at the heart of Uganda’s national development finance agenda at a time when development finance institutions are under pressure to modernise systems, enhance transparency and strengthen risk governance.

Mukuru joins UDB from the African Development Bank (AfDB), where he served as IT Project Manager leading large-scale multinational digital transformation initiatives at both enterprise and continental level.

His portfolio at AfDB included modernisation of financial systems, digital workplace transformation, enterprise service management and the deployment of emerging technologies aimed at improving institutional efficiency, resilience and service delivery.

The move from a multilateral lender to Uganda’s national development finance institution signals UDB’s intent to deepen its technological capabilities as it scales financing for priority sectors.

Before his tenure at AfDB, Mukuru held senior leadership positions across key Ugandan institutions including the Uganda Bureau of Statistics, Uganda Communications Commission, National Water and Sewerage Corporation and TraceCorp Solutions.

Across these roles, he led enterprise-wide technology programmes spanning ERP modernisation, data and analytics platforms, cybersecurity frameworks, digital payments integration and business continuity planning.

His track record suggests a focus not only on deploying systems but embedding governance structures that align technology investments with institutional strategy—an increasingly critical function for DFIs operating in complex risk environments.

Beyond executive management, Mukuru brings board-level experience as a Non-Executive Director in FinTech, health services and professional governance institutions. His background includes expertise in digital technology governance, enterprise architecture, cybersecurity and risk optimisation.

This governance dimension may prove significant for UDB as development finance institutions globally face tighter regulatory expectations around data security, digital resilience and fiduciary oversight.

Mukuru holds an MBA, a Master of Information Technology and a Bachelor’s degree in Computer Science and Statistics. He is professionally certified in Information Security (CISM), Risk Management (CRISC), Project Management (PMP), Enterprise Architecture (TOGAF) and Service Management (ITILv4), alongside additional training in AI strategy and digital economy systems.

As Uganda’s DFI, UDB plays a catalytic role in financing strategic sectors including agro-industrialisation, manufacturing and infrastructure. The integration of robust digital systems is increasingly viewed as central to accelerating loan processing, strengthening risk analytics, enhancing portfolio monitoring and improving institutional transparency.

Mukuru’s appointment signals that business technology is no longer a back-office function but a strategic lever in development finance execution.

In parallel with his professional career, he remains active in leadership and community service through Rotary International, where he has held several district and club leadership roles in Uganda.

For UDB, the arrival of a seasoned transformation leader with both continental and domestic experience may mark a deeper shift toward digitally anchored development finance governance.