The Uganda Bankers’ Association (UBA) has elected Sarah Arapta as their new chairperson, becoming the first female to head the association.
She takes over from Dfcu’s Mathias Katamba who served for two years 2020 and 2021.
“We are pleased to announce that members of the Uganda Bankers’ Association at the Annual General Meeting held last Friday, 13th May 2022, elected Ms. Sarah Arapta, CEO Citi Bank Uganda as the new chairperson, taking over from Mathias Katamba who served for two years 2020 and 2021,” the association said.
“Ms. Sarah Arapta begins her tenure this May 2022, making her the first female chairperson of the Association. We applaud and appreciate Mathias Katamba for his excellent leadership as chairman.”
Other members elected on the Executive Committee include; Mr. Julius Kakeeto, as Vice-Chair, Mr. Shem Kakembo, as Hon. Treasurer, Mr. Raj Kumar Meena, as Hon. Auditor, Mr. Olalekan Sanusi, and Mr. James Onyutta, as Committee Members.
Uganda Bankers’ Association is an umbrella organization for licensed commercial banks supervised by Bank of Uganda. UBA was established in 1981 and is currently made up of 35 members (All 25 licensed Commercial Banks + Uganda Development Bank+ East African Development Bank).
It administers a number of committees and working groups that advises the Association on regulations and legislations that affect its members. The Committee are made up of representatives of member Banks.
