UBA Structure and Governance

UBA is an association of the 35 Members (24 licensed commercial banks, Uganda Development Bank, East African Development Bank, African Export – Import Bank) plus 9 supervised financial institutions under the Associate Membership Category. The secretariat that is situated at Plot 2702, Block 244 Nyangweso Road off Kironde Road, Tank Hill Muyenga in Kampala. The banks constitute the Governing Council and are represented by their Managing Directors or Chief Executive Officers.

The UBA Governing Council appoints an Executive Committee that is comprised of 4 CEO’s who oversee the Secretariat’s operations, programs and budget. The UBA secretariat has a full-time staff compliment which manages day to day operations under the leadership of the Executive Director.

UBA 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.

Credit Reference Bureau Committee.

Monitor the general status of credit reference bureau services across the sector. This includes and not limited to discussing existing products and services and the related pricing, emerging issues, awareness campaigns and aligning CRBS with consumer protection.

Clearing Committee

Support the cheque truncation and the new automated clearing house.

Legal Committee

To provide legal advisory services to Uganda Bankers Association (UBA). The Legal Committee (Committee) is established under the Authority of the UBA and is intended to work closely with the UBA and other stakeholders like Government entities. To this end, it has the authority to;

1. Hold meetings and invite participation of external technocrats as and when they deem it necessary.
2. Create working committees for the purpose executing of its duties.
3. Liaise with UBA external counsel to provide legal advisory where deemed necessary.
4. Conduct legal research and provide legal advisory services to UBA.

Credit Committee

This committee reviews and give informed recommendations  on the prudential guidelines for any credit related  issues , industry  responses required , standards and aspects that UBA members may wish  to seek input, views and improvements.

Frauds and Forgeries Committee

Discussing fraud related risks and recommending actionable solutions to UBA.

• Act as technical committee to the UBA on Frauds and Forgeries.
• Provide a forum for sharing and analyzing frauds/forgeries experiences by member banks.
• Monitor trend of F & F in the banking industry and recommend safeguards to the UBA.
• Liaise with external parties e.g. Police CID and the Central Bank on F & F matters of interest to the UBA.
• Produce and run public awareness programs on bank fraud.
• Handle specific assignments by the UBA from time to time.

Compliance Committee

1. Advise on various regulations, Anti Money Laundering Act, Financial Intelligence guidelines and other relevant regulations.
2. Support establishment of uniform compliance standards across the member banks

Operations Committee

1. Facilitate discussions among member banks on non-competitive issues relating to banking operations with an aim of improving industry efficiency.
2. Oversee payment systems and ensure operational efficiency and financial integrity are maintained.
3. Coordinate industry efforts to contain fraud, Money Laundering, Robbery and other security related issues.

Treasurers Forum

• To promote greater international cooperation within  the framework at the foreign exchange dealing profession  and similarly develop links of friendship  and cordial relationship  between foreign exchange  and money market dealers.
• To promote  technical skills  and knowledge among  dealers and to promote professional training and competence  of new dealers.
• To seek any means to protect and improve  the reputation and diginity  of the foreign exchange  and money market dealing profession.
• To take  an active interest in the work and activities of ACI Uganda.
• To develop new techniques and best practices in providing  foreign exchange and money markets products.

Cyber Security Committee

• Identify  the key common cyber security challenges in the banking industry  and effective ways of addressing them.
• Sharing knowledge  on the cyber security  incidents, trends, responses and lessons learned.
• Collaborating  on cyber security initiatives  such as  capacity development and customer awareness.
• Establish a network of industry expertise  that can be leveraged on  as and when need arises  to respond to emerging  threats.
• Building shared local blacklist/fraudster database for early warning and detection with the intent of understanding, sharing data and managing crime.
• Collaborate on developing  capacity  to detect  and mitigate  cyber threats and vulnerabilities.

Digital Financial Services Committee

The committee’s mandate is to provide leadership, direction  and advisory necessary  to advance banking industry strategy, ensure continued growth  with impact consistent with UBA’s mission.

Security Committee

The Committee’s mandate is to provide a platform for bank heads of security to share experiences and knowledge related  to creating a safe  and secure environment and safe guard of the bank and its operations.

Chief Finance Officers (CFO) Forum

The Committees mandate  is to provide a platform and opportunity for Bank Chief  Finance Officers and Heads of Finance to get together  and exchange ideas/discuss issues related to Finance & Strategy in as far as member  banks are concerned  as well as professional growth  and networking for finance officers in the banking sector.

HR Heads Committee

1. Provide advisory & technical support to the Uganda Institute of Banking & Financial Services by way of generation of appropriate & more relevant capacity building programmes, course content, facilitators, training methodologies, collaborations and all manner of assistance to sharpen the delivery of the UIBFS mandate to the banking industry.
2. To recommend and provide advisory meant to address people risk in the banking industry arising from indiscipline, fraud, confidentiality breaches among others and instead promote best practices as necessary to safeguard & accord banking the profile it deserves.
3. To provide guidance on all policy & process issues that impact HR management in the banking sector.
4. To remain abreast of developments, legislation and regulations affecting human resources in the banking industry.
5. To build relevant & appropriate collaborations necessary to deliver the above mandate.