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Centenary Group diversifies into Technology Services; Appoints Peter Kahiigi

The Centenary brand has for a while been known for banking services, with the largest customer base in Uganda. In 2021, the brand transformed into a group, forming Centenary Rural Development Group (Centenary Group).  Centenary Group offers avenues through which the shareholders can expand into auxiliary business activities to operate alongside the banking business.

In addition to Centenary Bank, Centenary Group already owns Centenary Foundation, a company that leverages funding from partners and social investors with a common social development agenda. Centenary Group will also venture into insurance business, fund management, property development and management as well expanding the Centenary banking brand outside Uganda. 

The rapid advances in digital technology are transforming the economic and financial landscape in Uganda and it is in this regard that, the Group has created a technology company called Centenary Technology Services Ltd. (Cente-Tech). Cente-Tech will play a key role in placing the Group subsidiary companies at the center of customers' digital transformation and accelerate the Group’s digital agenda.

Peter Kahiigi has been appointed as Cente-Tech’s Chief Technology Officer. He joins Dr. Grace Ssekakubo, a seasoned IT Specialist, at Cente-Tech’s helm.

Kahiigi carries along decades of highly relevant experience to accelerate Centenary Group’s technology growth strategy. He is expected to provide strategic leadership in the development of technologically innovative solutions for Cente-Tech’s clients that also include the public and private sector. 

Kahiigi is an expert with Oxford University’s Global Center for Cyber Security and has previously worked in the Government of Uganda’s ICT sector where he was heralded for the nation’s incredible progress in the digitization effort. He was the cornerstone for the revival and expansion of the National fibre optic backbone, as well as development & deepening of e-services. The current appreciation and inclusion of ICT as a development pillar in the National Development Plan III is partly attributed to Kahiigi ’s efforts.

 

Following the commencement of Cente-Tech operations, Centenary Group’s Board Chairman, Prof. John Ddumba Ssentamu said, “the key driving factors for the establishment of the Tech Company by Centenary Group was to respond to the changing business environment and the strategies adopted by competitors to take advantage of innovative disruptions. Centenary Technology Services will be a key enabler to the success of the Group’s strategy as it will provide the technological infrastructure for service delivery that is very critical to the operations of the Group and its subsidiaries.”

“We are confident that this incredibly talented and experienced team has significant potential to accelerate innovation and create value for our customers and shareholders,” Professor Ddumba concluded.

 

Cente-Tech’s clients should expect nothing less than the broadest and most innovative technological solutions and services portfolio in this data era.

 

 

About Centenary Group

 

Centenary Group was formed on 1st July 2020 from a reorganization of the 38 year old Centenary Rural Development Bank Limited. Centenary Group is the holding company for Centenary Technology Services (Cente Tech), Centenary Bank and Centenary Foundation.

 

Twitter - @CenteTech

 

 

Website - https://www.centenarygroup.co.ug/

   
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