Experience

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  Stanbic bank uganda

  Jan 1996 - Jun 2006

  # Established the bank's risk management function ensuring that sound bank-wide risk management models and measurement methodologies of risk reporting and controls were put in place for the quantification and evaluation of enterprise wide risks.# Contributed to the bank's overall strategy and conducted quarterly competitor performance comparative analysis to track the bank's performance in relation to its peers.# Successfully implemented and developed training programs for all staff on Basel II, operational risk and control self-assessments, Know Your Customer (KYC), and Anti-money Laundering policies.# Coordinated Central Bank regulatory and External Auditors inspections on an annual basis.# Supervised the Bank's offshore investments portfolio booked in the Isle of Man.# Appraised, reviewed and recommended all inter-bank lines of credits.# Reviewed and updated all bank policies, procedures and third party conventional agreements in line with the financial regulations and overall bank's strategy.# Supervised a team of 2 Managers and 3 Senior Officers while managing and controlling the bank's overall cross-functional risk exposure and allocating capital to various respective business units in accordance with the Bank's risk tolerance and appetite.# A member of various Bank Committees i.e. Risk and Credit Committee (RISCO), Asset and Liability Committee (ALCO), Product development Committee (PDC), Executive Committee (EXCO), Staff appraisal and disciplinary committee and was nominated as a member of the Staff Pension Scheme Trustee Board. # Occasionally acted as the Managing Director of Stanbic Bank Uganda in the absence of the Managing Director.* Identified as a star performer of the Standard Bank group and participated in the group's one year international leadership program-'Wings program' by visiting the World Centres’ of excellence. Show less # Administered and effectively monitored a portfolio of 35 corporate borrowing clients and 30 corporate non-borrowing clients resulting into an annual increase of 15% in the bank’s asset book, 10% of liabilities and a recovery of approximately 8% of the bad debt book within one year.# Daily appraised, analysed and recommended new loan applications within a 24-hour turnaround.# Annually reviewed and assessed existing clients’ portfolio within a 48-hour turnaround.# Visited an average of 15 borrowing clients per month in line with the periodic review of their performance and account operations.# Conducted pricing studies on competitor products ensuing into price changes that increased the bank’s bottom line by approximately 8% Show less

  • Head of Risk Management

    Feb 2004 - Jun 2006

  • Head of Credit

    Jan 2000 - Feb 2004

  • Relationship Manager

    Jan 1996 - Jan 2000
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  Dfcu bank

  Jan 2006 - Jan 2007

  Head of risk management

  # Implemented a risk management framework to identify, quantify and rank risks for internal and Board reporting which subsequently led to the enhancements of existing controls in place.# Designed and implemented a detailed risk and controls self-assessment dashboard and audit escalation heat-maps to report key risk issues which created a risk awareness culture across the entire organisation.# Put in place compliance checklists to ensure regulatory, legislative, bank policies and internal service level agreements (SLAs) compliance, including effective Know your customer (KYC) procedures, Anti-Money Laundering and Data Protection systems.# Ensured profitability and sustainability as a member of the Business Development Committee, Executive Committee (EXCO), Risk and Credit Committee (RISCO) and the Asset and Liability Committee (ALCO).# Prepared and presented management and budget reports on the bank’s risk and compliance status to the executive team and for quarterly Board meetings. Show less

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  Dfcu bank

  Oct 2010 - Nov 2012

  # Responsible for the overall development, retention and management of the Bank's Small and Medium Enterprises (SMEs), Corporate & Institutions business relationships. This entailed customer relationship Management (CRM), deposit mobilization, portfolio management and proper resource allocation in order to obtain optimal results for DFCU Bank.# Negotiate, monitor and set up lines of credit from various sources of funds# Approve and book good quality assets to the bank's portfolio.# Identify and monitor actual and potential asset risks and take proactive measures to control and mitigate the bank's credit risk exposure.# Improve portfolio profitability by using a risk adjusted pricing model on a wide range of credit products.# Oversees and provide guidance, coaching, mentoring and direction to a team of 30 staff. # Ensure compliance and corporate governance in relation to the bank's guidelines, policies and procedures in order to protect the bank's interest in avoiding potential losses and regulatory fines. Show less # Spearheaded bank-wide strategic planning initiatives that included strategic global alliances, product and service development.# Chaired the Bank's new business and product development committee.# Championed a combination of market intelligence research and innovation activities to assist in generating new ideas.# Established an idea generating bank to collate ideas from all staff at various levels.# Focused the bank's entry positioning into new key proposed products, strategic sectors and regions using the risk acceptance (RACs) criteria. # Conducted a fact finding mission for business expansion into Southern Sudan with the Norfund team and participated in the Bank collaboration relationship arrangement discussions with Bank of China.# Made presentations on behalf of the bank to the Board and various forums within the financial sector in Uganda.# Rolled out Blue Ocean thinking and Balanced score card strategy methodologies. Show less

  • Executive Manager / Head of Development & Institutional Banking

    Dec 2011 - Nov 2012

  • Head of Strategy and Innovation

    Oct 2010 - Dec 2011
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  Accion

  Nov 2012 - Nov 2015

  Regional risk project manager

  # Delivered and managed the risk management technical assistance services to ACCION Micro-finance partners in the Africa Region. This included implementation of international best practice risk management tools for identifying, ranking and managing operational risk, market risk, liquidity risk and credit risk.# Developed and reviewed ACCION Micro-finance partner's risk management manuals, policies, procedures and reports.# Conducted due diligence assignments as a member of the new business development team to explore investment opportunities for Accion.# Contributed to the due diligence findings reports for the Investment committees approval.# Managed risk management projects and contributed to the design and budgeting of risk management technical assistance project proposals for micro-finance Institutions (MFIs) s in Africa.# Developed Risk Management training materials and conducted risk awareness training programs funded by J.P Morgan to Accion Micro-finance Bank in Nigeria, Akiba Commercial Bank in Tanzania and other Micro-finance Institutions in Nigeria.# Conducted risk awareness training and capacity building to Accion Micro-finance Institutions in Africa with a view of contributing to their double bottom line of social and economic objectives in poverty reduction, social protection and sustainability while contributing to the financial inclusion by 2020 goals. Show less

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  Uganda technology and management university

  Jan 2015 - Mar 2019

  Board member and trustee

  Board member and Trustee of Uganda Technology and Management University (UTAMU)

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  Novefund limited

  Dec 2015 - Jan 2017

  • executive director and co-founder of novefund limited

  Mentoring, training and mobilizing funds for a team of creative young people in Uganda that have ‘fintech’ (finance and technology) driven innovative solutions to help them take decisive actions so that they can turn their work dreams into reality through a company I co-founded called Novefund Limited.

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  Absa bank uganda

  Feb 2017 - Feb 2022

  Chief risk officer (cro) - director

  In 2017, Barclays Plc sold its majority shareholding to Absa Bank and eventually changed its name to Absa Bank. During the Brand name change period, my main responsibilities as a member of the Brand Name Change Committee were as follows:# Identify, manage and track all risks emanating from the separation.# Manage and engage external stakeholders i.e. Board members, Regulators & Service Providers.# Spearhead the review and roll out all bank policies, frameworks, standards & manuals whilst ensuring alignment with the Absa group policies and regulatory requirements.# Support delivery of all separation projects/initiatives to ensure proper identification, assessment and mitigation of underlying/inherent risks.After the transition, my role profile remained the same as the previous role i.e. Chief Risk Officer – Director.In the wake of the COVID 19 pandemic, my role as the CRO has evolved to review and recalibrate the Bank’s resilience plans, capital adequacy & liquidity conservation; rebuilding agile data analytics and stress testing scenarios to address the COVID 19 impact in the short-, medium- and long-term. In addition to re-defining the Bank’s strategic responses, Bank-wide risk management framework, methodologies and systems to include enhanced Operational Resilience, Sustainability, Reputation, Conduct, Model and Information/Data security risk management in addition to the existing Operational, Credit, Market, Treasury, Insurance, Legal, Business and Financial Crime risk management framework with all their related sub risks whilst ensuring clear ownership and accountability for each risk category. Show less

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  Barclays

  Feb 2017 - Nov 2019

  Chief risk officer (cro)

  # Leading and managing the Risk Management team - consisting of Corporate and Retail Credit Risk; Operational and Market Risk resources.# Providing Business support and recoveries to safeguard acceptable levels of credit losses in line with the business objectives.# Ensuring a measurable implementation mechanism for the Bank's strategic plan is in place and is adhered to.# Supporting business and products development strategies.# Ensuring proper reconciliation and accuracy of the impairment figures.# Offering risk management specialist knowledge through the following Bank committees: > Country Management Committee (CMC) > Asset and Liabilities Committee (ALCO) > Risk and Controls Committee, > Board Audit Committee, > Operations Committee, > Non Performing Assets Committee > Tender Committee > Brand and Reputation Committee > Service Quality Committee > New Business Committee > BA Wholesale Credit Committee > Tender Committee > Country Impairment, Fraud and Investigation Committee (Chairperson) Show less

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  Tpo uganda - transcultural psychosocial organization

  Mar 2019 - now

  Board member
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  Economic policy research center (eprc)

  Sept 2020 - Sept 2022

  Board member & director of the economic policy research center (eprc)

  Non-Ex- Officio Board Member & Director of the Economic Policy Research Center (EPRC) at Economic Policy Research Center (EPRC) in addition to being a member of the main Board, I seat on the following Board committees:# Audit and Risk Management Board (ARMC) Committee,# Research Advisory Panel (RAP) Committee

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  International monetary fund

  Feb 2022 - now

  Risk specialist