In a world facing multiple crises, from climate change to conflict and economic strife, achieving gender equality is more critical than ever. Ensuring that women and girls are empowered to claim their rights in all aspects of their lives is key to ensuring their wellbeing, and a world in which they contribute to better, more prosperous economies. This International Women’s Day, rallying behind the theme, Inspiring Inclusion, Standard Chartered Bank Uganda reflects on the importance of promoting inclusion and how empowering women can help them rise to their full potential⏤ women like Martha Awor, Prudence Byarugaba and Associate Professor Dorothy Okello. Martha’s experience of losing…
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The evolving role of the CFO to Chief Value Officer has taken centre stage in recent years with organisations and CFOs themselves demanding to take more and curving out more action in the running and transforming of their organisations. Alongside that conversation has been the rise as well as, of the need for CFOs with an entrepreneurial mindset⏤ a way of thinking that emphasizes innovation, creativity and taking calculated risks⏤ instead of the traditional mindset that is more preoccupied with financial management and risk mitigation. Entrepreneurial CFOs are willing to challenge the status quo, and are open to continuous learning…
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While the gender gap in the insurance industry has over time narrowed to 51.78% male and 48.22% female at the end of 2022, the gap remains wide, especially at the top and middle-level management. Ritah Mutesi Kabayiza, the Executive Director of Willis Towers Watson Uganda (WTW), one of Uganda’s top 5 insurance brokers, is one of the few women who have broken the industry glass ceiling. With over 16 years in the insurance business, she started her insurance brokerage career at Eagle Africa Insurance Services (U) before moving to Gras Savoye Uganda Insurance Brokers Ltd as a Senior Client Manager….
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Josephine Okui Okwakol Ossiya CPA, FCCA, MBA, has been appointed as the next Chief Executive Officer of Uganda’s Capital Markets Authority (CMA). She replaces Keith Kalyegira who has been the CMA Chief Executive since December 2013 and his two-term office has elapsed. Established in 1996 under the Capital Markets Authority Act (Cap 84), the CMA promotes, develops and regulates Uganda’s capital markets industry. One of Uganda’s most respected and trusted finance professionals and business leaders, Josephine Ossiya brings to CMA a 27-year finance career and a wealth of management, finance and accounting as well as project management skills. As a…
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MTN Uganda in March 2023 recruited digital financial products guru, Jemima Kariuki Njuguna, as the telco’s Chief Product Officer. Jemima, a Kenyan national brings with her “14 years of experience in ideating, building and rolling out digital products in emerging markets, making her an invaluable addition to our team,” according to a statement by MTN. “Jemima is a highly experienced product development and management professional, with a deep passion for financial inclusion,” MTN further said in the statement, adding: “Throughout her career, Jemima has spearheaded the development of many products for emerging markets, with the vision of creating significant and…
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Prudence Byarugaba has been appointed as the Country Chief Risk Officer and Country Head of Operational Risk at Standard Chartered Bank Uganda Limited effective 15th July 2023. According to a statement by the bank, Prudence brings to the position, “a wealth of experience in risk management cultivated and engrained over the 20 years she has been with the Bank”. She until her recent appointment the Country Head of Credit and Senior Credit Manager – Corporate, Commercial & Institutional Banking at the Bank. Prior to that, she served as Senior Credit Manager – Commodity Traders & Agribusiness, Africa; Senior Risk Governance Manager, Europe;…
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Asiimwe is a Ugandan advocate and policy leader with over 20 years of experience as a development advisor and practitioner. She is the current Chief of Programmes TradeMark Africa (TMA)⏤ formerly TradeMark East Africa, an Aid-for-Trade organisation that was established in 2010, to grow ⏤initially East Africa’s and now the African continent’s prosperity through increased trade. She is passionate about shaping Africa’s narrative and practice on governance, trade, regional integration and development issues. She has designed and managed programmes for government agencies, the private sector, civil society and donors across the African region (including in all East African Countries, Egypt,…
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The Uganda Bankers’ Association’s Chairperson, Citibank’s Sarah Arapta is female too- the first woman to. Some financial institutions such as Finance Trust Bank- have taken it further by having an all-female Board Chairperson, CEO and Executive Director while others like Stanbic Bank, Uganda’s largest Bank and have both CEO and Executive Director as female. You could argue this is still under-representation, which it actually is, given that there are more females than males in the population, but given where we have come from, this is good progress. Some of the largest banks such as Stanbic where 45% is female and…
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Sarah Arapta is the Chief Executive and Managing Director for Citibank Uganda, Uganda’s 10th largest bank by assets. She has held this role since January 2016. Sarah has had an extensive and illustrious career in Corporate and Investment Banking spanning over 20 years, 12 of which have been spent in Citibank Uganda. Prior to being appointed the Citibank Chief Executive, she was the Director, Corporate and Investment Banking at Barclays Bank Uganda (now Absa Bank Uganda) for nearly two years. Before that, she was the Head of Investment Banking (January 2012 – December 2013) and Head of Corporate Banking (March…
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GA Insurance Uganda Limited has appointed Mrs. Shakira Shamim Mujuni as its Chief Executive, Operations effective May 2023. She brings to GA Insurance over 10 years of experience and “a proven track record of success in driving business growth and delivering exceptional results with a special knack for customer excellence”, according to a statement from GA. Her other skills include organisational management, customer service, strategic planning, At GA, Ms. Shakira will be responsible for the overall budget and operations of the company as well as driving “strategic corporate targets, delivering on brand value, achieving the required service delivery objectives, developing…
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