Mr. Felix Okoboi – Chairman
Masters of Business Administration in Finance and Masters of Art in International Studies from Wharton School, University of Pennsylvania, U.S.A, and Bachelors of Engineering and Masters of Engineering from RWTH Aachen, Germany.
Appointed: 2018
Roles currently held:
Managing Director of CLB Capital, specializing in equity investments and real estate. Chairman of the Investment Committee of Yield Uganda Private Equity Fund, Advisor to Board of Directors of NSSF, and an Apex Member of the Financial Markets Development Committee of Bank of Uganda.

Mr. Francis Tumuheirwe – Director
Masters of Science (Economics), Bradford University, United Kingdom and a Bachelor of Science (Economics & Statistics), Makerere University Kampala.
Appointed: 2018
Roles currently held:
Economic Management Services Consultant, offers solutions in business processes, advisory on the regulatory framework for public debt issuance among others.

Mrs. Patricia Adongo Ojangole – Managing Director
Patricia is a professional accountant with 17 years international experience in Banking and Finance. Currently the Managing Director of Uganda Development Bank Limited where she has been instrumental in turning around the Bank to become the preferred and trusted partner to the Government of Uganda in achieving Socio-economic development aspirations.
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Patricia holds a Masters of Philosophy in Development Finance cum laude from the University of Stellenbosch, South Africa. She also holds an Executive Master’s Degree in Business Administration from Eastern and Southern Africa Management Institute, Arusha, Tanzania; a Bachelor of Commerce (Hons) Degree from Makerere University, Uganda and has completed a number of leadership and management programs.

Patricia is a Fellow of the Association of the Certified Chartered Accountants (UK); the Certified Public Accountants of Uganda (ICPAU), as well as The Institute of Internal Auditors Uganda (IIA).

She is a member of the Board of Uganda Development Bank Ltd, Msingi EA Ltd, Busitema University Fund Ltd, and The New Vision Group. She Chairs the Management Board of the European Union funded START facility and serves on the boards of the Associations of Development Finance Institutions in Africa and in member countries of Islamic Development Bank.

Mr. John Ira Kirungi Byaruhanga – Non Independent/Non-Executive Director
Masters of Public Administration (Economic Policy Management), Columbia University; Bsc. Economics, Makerere University
Appointed: 2017
Roles currently held:
Ag. Commissioner, Financial Services Department, Ministry of Finance, Planning and Economic Development.
Committees:
Board Strategy and Planning Committee; Board Audit and Risk Committee.

Ms. Silvia Angey Ufoyuru – Independent Non-Executive Director
Master of Arts, Economic Policy Management, (Makerere); Bachelor of Business Administration, (Makerere); Dip. Computer Science (Makerere); Dip. Business Studies (Makerere)
Appointed: 2015
Directorship in other institutions:
Board Member – Agency for Accelerated Regional Development (AFARD) 2016; Founder Member and Board of Trustees – Jonam Youth Development Initiative; and Ex- Official  Member of the Uganda African Peer Review Mechanism (APRM) National Governing Council.
Committees:
Chairperson, Board Strategy and Planning Committee Board Audit and Risk Committee.

Mr. Nimrod Waniala – Independent Non-Executive Director.
Masters in Banking & Finance for Development (Fin. Africa Foundation, Milan); Bsc, Econ (Makerere)
Appointed: 2015
Directorship in other institutions:
Board Chairman, Uganda Export Promotion Board (UEPB), since October 2016.
Committees:
Board Credit Committee; Board Strategy and Planning Committee.

Mr. Henry Balwanyi Magino – Independent Non-Executive Director
Chartered Secretary, ICSA; LLB (Makerere); Pg. Dip (Law Development Center); Member of the Institute of Chartered Secretaries & Administrators – ICSA of London UK – ACIS
Appointed: 2015
Roles currently held:
Head Legal & Company Secretary, National Housing and Construction Company Limited.
Committees:
Chairperson, Board Audit and Risk Committee; Board Credit Committee.

HOW WE CAN HELP

Short, Medium & Long Term Loans

The facility may also be used to acquire assets which have the ability to generate sufficient cash flows to service the loan over a tenure not exceeding 18 months from the initial disbursement.

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Trade Financing

The bank creatively seeks to address financing gaps in the flow of goods and services between different actors in the various trade and related value chains.

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Equity Investment

Promotion of investments in industries and sectors that is strategic to the growth and development of the economy. The Bank will evaluate the likely impact of the investments on the utilization …

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