UDB shakes up the Board

Uganda Development Bank has announced a number of changes on its board – notably the appointment Mr Felix Okoboi as the new Board chair and Mr Francis Tumuheirwe as a director.

Mr Felix Okoboi is currently the managing director at CLB Capital. He takes over leadership from Dr Samuel Sejjaaka. Felix Okoboi is also the chairman of the investment committee of Yield Uganda Private Equity Fund, advisor to Board of Directors of NSSF as well as an apex member of Financial Markets Development Committee of Bank of Uganda.

Felix Okoboi brings in vast experience in equity investment and real estate management.

Separately, the bank  named a new director to its Board, Francis Tumuheirwe. Mr Francis Tumuheirwe operates consultancy services in economic management services

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