PROFILES: Who is who on the new Uganda Bankers’ Association Executive Committee? On 13th May, the Uganda Bankers’ Association (UBA) elected a new Executive Committee to lead the 36-member association of financial institutions licensed and regulated by the Bank of Uganda. The new Chairperson of the association is Sarah Arapta, the current Citibank Uganda, Chief Executive Officer.
(Left-Right), the new UBA Executive Committee, Sarah Arapta, CEO, Citibank Uganda (Chairperson); Julius Kakeeto, the CEO, of Post Bank Uganda, (Vice-Chairman); Shem Kakembo, the CEO, of EFC Uganda (Treasurer); Raj Kumar Meena, CEO, of Bank of Baroda (Auditor); Olalekan Sanusi, CEO, of Guaranty Trust Bank and James Onyutta, CEO, of FINCA (U), (Committee Members).
Arapta takes over from Mathias Katamba, the Managing Director of dfcu Bank, whose two-year term (2020 and 2021) has elapsed. Arapta has been Katamba’s deputy on the outgoing committee which also included Mr. Varghese Thambi, the Chief Executive Officer of Diamond Trust Bank as the treasurer as well as Sam Ntulume the Executive Director, of I&M Bank Uganda as the Auditor. Mr Albert Salt