Pearl Bank whose purpose is to Foster Prosperity for Ugandans scooped the most prestigious accolades at the 2026 Financial Reporting (FiRe) Awards held at Kampala Serena Hotel last evening, taking home Gold Award for Integrated Report of the Year and the Financial Services Reporting for Banking Services Tier 1 category.
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The Gold Award for Excellence in Integrated Reporting, which explains how Pearl Bank creates values for all its keys stakeholders, is the first Integrated Report recognition the institution has received under its new identity following the transition from PostBank Uganda to Pearl Bank forming part of its 5 year strategic agenda focused on strengthening service delivery and long-term value creation for Ugandans, guided by its purpose of fostering prosperity for Ugandans implemented though its two high-impact goals of driving sustainable financial inclusion and stimulating entrepreneurship and service.
Organised by the Institute of Certified Public Accountants of Uganda (ICPAU) in partnership with the Capital Markets Authority and the Uganda Securities Exchange, the awards aim to recognise organisations demonstrating excellence in financial reporting, governance, sustainability disclosure, and the effective use of technology to meet international standards.
This year the FiRe Awards were held under the theme “Driving Sustainability Reporting through Technology and Innovation”.
ICPAU President CPA Timothy Ediomu commended the Uganda Communications Commission and the Government of Uganda for advancing the country’s ICT transformation. He noted that following the 2024 adoption of the IFRS Sustainability Disclosure Standards and the 2025 roadmap launch, voluntary adoption begins this year, ahead of mandatory enforcement for key entities by 2028.
Ediomu said, “The importance of adopting sustainability disclosure standards cannot be overlooked, and I urge organisations to embrace technology, innovation and early adoption to strengthen transparency, accountability and investor confidence as we prepare for the 2028 mandatory enactment.”
Chief Guest Hon. George William Nyombi, Executive Director of the Uganda Communications Commission, also emphasised the critical role of technology in enabling credible sustainability reporting and supported the call for early preparation.
Pearl Bank, Chief Financial Officer Peter Ssenyange welcomed the recognitions as affirmation of the bank’s reporting journey under its new brand.
“Winning both the Gold Award for Integrated Report of the Year and the Tier 1 Financial Services Award under the Pearl Bank identity is a profound milestone,” said Mr. Ssenyange.
Ssenyange mentioned that “Our integrated report presents a complete picture of financial performance, strategy, governance and sustainability impact, therefore, these accolades motivate us to continue leveraging technology and innovation to produce reports that meet international standards and serve all our stakeholders as we pursue our high-impact goals of driving sustainable financial inclusion and stimulating entrepreneurship and service.”
Throughout its transition from PostBank to Pearl Bank, the institution has prioritised continuity for customers while refreshing its identity, digital platforms and sustainability agenda. The FiRe Awards recognition confirms that the quality of its corporate reporting has kept pace with this transformation.
Pearl Bank continues to expand access to financial services through its branch network, agent banking channels, its Wendi mobile wallet and digital solutions, guided by its purpose of fostering prosperity for Ugandans by enable access to financial services in a sustainable way.
In the previous FiRe awards, the bank has received several accolades including Winner Banking Services General in 2025, 1st runner up Banking Services General, Bronze for Integrated Reporting 2023 and 2024 and for the individual recognition, Pearl Bank’s CFO Peter Ssenyange won the CFO of the Year 2025.
Pearl Bank’s heritage spans over 28 years of Growth and Prosperity.
The Bank’s journey started in 1998, after having operated as a Post Office Savings Department from 1926 then evolved to PostBank Uganda Limited, a government-owned institution dedicated to expanding access to affordable savings and credit services.
In 2023, the bank embarked on a 5-year strategic plan that is aligned with its tagline Grow. Prosper, an abridged version of its purpose of Fostering Prosperity for Ugandans, which is implemented through its high-impact goals: To drive sustainable financial inclusion and To stimulate entrepreneurship and services.
The Bank is a limited liability company that was incorporated under the Companies Act in 1998 and is owned by the Government of Uganda with 100% shareholding.
Pearl Bank is a fully-fledged commercial bank, boasts a wide branch network of 59 branches countrywide, and over 8,000 Agents. These are complemented by Pearl Bank App, Pearl Online, and smart ATMs.
