Assoc.Prof. Racheal Mindra Katoroogo

Non – Executive Board Member 

Assoc. Prof. Mindra currently serves as the Dean of the Faculty of Commerce at Makerere University Business School (MUBS). She brings to the Bank extensive expertise in finance, development research, project management, curriculum design, and stakeholder engagement, gained through a distinguished academic and professional career.

She holds a PhD in Finance from Wits Business School, University of the Witwatersrand (South Africa); an Master of Arts in Money, Banking & Finance from Loughborough University (UK) and a Bachelor of Business Administration (Finance) from Makerere University (Uganda).

Her career spans academia, consultancy, and advisory services, with a strong focus on development finance, banking, investment, digital finance and sustainability. She has successfully led and contributed to numerous high-profile research and development projects funded by global and national institutions, including UNESCO, IFC, USAID, GIZ, the Netherlands Organisation for Scientific Research, the Financial Intelligence Authority, and the Uganda Communications Commission.

Assoc. Prof. Mindra also serves on several governance and professional bodies. She is a Board Member of the Uganda Securities Exchange, where she chairs the Business Conduct and Adhoc Listing Committees and sits on the Audit and Risk Committee. She is also Chairperson of the Board of Trustees of the MUBS Retirement Benefits Scheme, a Director at the Research and Education Network of Uganda (RENU) – Financial Services Board, a Member of Kyambogo University Senate, and a leader in several other industry and professional associations.

Beyond her professional achievements, Assoc. Prof. Mindra is passionate about youth financial inclusion, community service, and mentorship. She is a Rotarian, Paul Harris Fellow (PHF) and President Elect. She takes personal interest in financial wellbeing, fashion, art, construction, interior design, culinary arts, gymnastics, and social impact initiatives.

Assoc. Prof. Mindra appointment to the UDB Board strengthens the Bank’s oversight and brings additional depth to its mission of driving sustainable socio-economic transformation in Uganda.

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