Uganda Institute of Banking holds annual general meeting

Kampala, Uganda – The Uganda Institute of Banking and Financial Services (UIBFS) held its Annual General Meeting (AGM) and Graduation Ceremony on June 27, 2024, at the Mestil Hotel Kampala.

The event, themed “Data Culture as a driver to Professionalization and Human Capital Development in the Banking and Financial Services Industry”, saw 290 students graduate with various certifications in banking and financial services.

“UIBFS is committed to providing market-led training, research, and consultancy to providers and users of financial services. Our mission is to promote professionalism and inclusion within the financial sector, and we are proud of the progress we have made. Today, we celebrate the achievements of our graduates who are set to make significant contributions to the industry,” said Mrs. Masadde Goretti, CEO of UIBFS.

The Board Chair, Mr. Michael K. Mugabi, and the Council President, Mr. Fabian Kasi, also addressed the gathering, with Mr. Kasi stating, “We are also in the process of statutory recognition journey and the draft bill to ensure that all bankers meet set requirements and standards to practice banking at different levels, including types and levels of training, and increase in membership and training hence institute ability to invest and become a center of excellence and achieve financial sustainability.”

Mr. Ralph Bakashabaruhanga, Director Human Resources at BOU, representing the patron, Dr. Michael Atingi-Ego, Governor of BOU, commended the Institute’s efforts, saying, “It is worth noting that the Institute continues to contribute to the growth and expansion of Uganda’s banking and financial industries by upskilling human resources. By upgrading your course structures and content to meet industry demands, you will remain at the forefront of Uganda’s economic development.”