Sarah Arapta Explained

Sarah Arapta
Birth Place:Uganda
Alma Mater:Makerere University
(BA Economics)
Heriot-Watt University
(MBA)
Occupation:Bank Executive
Years Active:1998–present
Managing Director & Chief Executive Officer,
Citibank Uganda

Sarah Arapta is a businesswoman and corporate executive from Uganda. She is the managing director and CEO of Citibank Uganda.[1] She is also the Chairperson of Uganda Bankers Association since May 13, 2022[2] [3] [4]

Background and education

She was born in circa 1970s. She studied at local primary and secondary schools before she entered Makerere University, the oldest and largest public university in the country. She graduated with a Bachelor of Arts degree in Economics. She also holds a Master of Business Administration degree, awarded by Heriot-Watt University in Edinburgh, Scotland, United Kingdom.[5] [6]

Career

Arapta was employed at Stanbic Bank Uganda Limited for a period of nearly five years. She started there as the Head Corporate Banking before becoming the Head of Investment Banking. She transferred to Barclays Bank of Uganda in January 2014 as the Director of Corporate and Investment Banking, serving in that capacity for one year and six months. In January 2016, she was appointed managing director and CEO of Citibank Uganda. She credited with growing Citibank Uganda's assets from UGX:951.1 billion ($262 million) in January 2016 to UGX:1.409 trillion ($388.3 million) in January 2022.[5] [6] [7]

Other considerations

Arapta is member of the five-person executive committee of the Uganda Bankers Association (UBA), where she served as the Chief Auditor, from May 2018 until May 2020.[8] [9] In May 2022, she was elected chairperson of UBA, replacing Mathias Katamba, who served in that role from 2020 until 2022. Her term runs until May 2024.[10]

See also

External links

Notes and References

  1. Web site: 31 March 2017 . List of licensed Commercial Banks as at March 31, 2017 . . 10 July 2019 . Bank of Uganda . Kampala .
  2. Web site: Independent . The . 2022-05-17 . Sarah Arapta is new Uganda Bankers Association chairperson . 2024-05-07 . The Independent Uganda . en-US.
  3. Web site: UBA Executive Committee – UGANDA BANKERS ASSOCIATION . 2024-05-07 . en-US.
  4. Web site: Kyamutetera . Muhereza . 2022-05-17 . PROFILES: Who is who on the new Uganda Bankers' Association Executive Committee? . 2024-05-07 . CEO East Africa . en-US.
  5. Web site: Business Focus Uganda . 40 Women In Top Banking Positions Named: Sarah Arapta . 7 March 2018 . 10 July 2019 . Taddewo William Senyonyi . Kampala.
  6. Web site: Sarah Arapta, First Woman Elected Chairperson of Uganda Bankers' Association . 18 May 2022 . Patrick Ndungidi . 18 May 2022.
  7. Web site: The Africa List Insight . Citibank's Uganda CEO on How Millennials Taught Her to be a Better Manager . 2017 . CEO Night Uganda . 10 July 2019 . Kampala.
  8. Web site: Stanbic's Mweheire Elected New Chairman For Bankers' Association . 10 May 2018 . SoftPower Uganda . 12 July 2019 . SoftPower Uganda . Kampala.
  9. Web site: Uganda Bankers Association Executive Committee . May 2018 . Uganda Bankers Association . 12 July 2019 . Uganda Bankers Association . Kampala.
  10. Web site: Bankers elect Sarah Arapta new chairperson . 18 May 2022 . . Dorothy Nakaweesi . 18 May 2022 . Kampala, Uganda.