Simon Bugingo – GC Powerlist
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Africa 2015

Financials

Simon Bugingo

Head of legal – corporate finance, Africa/ senior legal counsel – corporate and institutional client coverage, Africa | Standard Chartered Bank

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Africa 2015

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Simon Bugingo

Head of legal – corporate finance, Africa/ senior legal counsel – corporate and institutional client coverage, Africa | Standard Chartered Bank

About

Starting his in-house career at Deutsche Bank in London 15 years ago, Simon Bugingo has covered financial services markets across Europe, Africa and the Middle East.

Tasked with establishing Standard Chartered Bank’s legal functions across South Africa, Kenya and Nigeria, when he first arrived in Kenya there was one transaction lawyer, based in South Africa. Five years later, there are 14, spread across South Africa, Nigeria and Kenya.

‘Moving the Africa management team to Jo-burg is a definite vote of confidence to the potential within Africa, and reflects a growing emphasis on home-grown talent’, he says.

During his time in Africa, Bugingo has focused on upskilling the team, through measures such as secondments with panel firms. He has also worked on promoting closer involvement with day-to-day business decisions, to the extent of physically sitting lawyers within different operational teams.

Private practice lawyers could sometimes work on understanding clients’ businesses and giving more practical advice, he says. Turnaround times also, he adds, are often an area for improvement.

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