Sarah Arapta is a businesswoman and corporate executive from Uganda. She is the managing director and CEO of Citibank Uganda. She is also the

Chairperson The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a Board of directors, board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by ...

of Uganda Bankers Association since May 13, 2022

Background and education

She was born in circa 1970s. She studied at local primary and secondary schools before she entered

Makerere University Makerere University (; Mak) is Uganda's largest and oldest institution of higher learning, first established as a technical school in 1922, and the oldest currently active university in East Africa. It became an independent national university in ...

, the oldest and largest public university in the country. She graduated with a

Bachelor of Arts A Bachelor of Arts (abbreviated B.A., BA, A.B. or AB; from the Latin ', ', or ') is the holder of a bachelor's degree awarded for an undergraduate program in the liberal arts, or, in some cases, other disciplines. A Bachelor of Arts deg ...

degree in

Economics Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interac ...

. She also holds a

Master of Business Administration A Master of Business Administration (MBA) is a professional degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular ...

degree, awarded by

Heriot-Watt University Heriot-Watt University () is a public research university based in Edinburgh, Scotland. It was established in 1821 as the School of Arts of Edinburgh, the world's first mechanics' institute, and was subsequently granted university status by roya ...

in Edinburgh, Scotland, United Kingdom.

Career

Arapta was employed at

Stanbic Bank Uganda Limited Stanbic Bank Uganda Limited (SBU) is a commercial bank in Uganda and is licensed by the Bank of Uganda, the central bank and national banking regulator. Overview SBU is the largest commercial bank in the country, by assets. As of 31 Decembe ...

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 Absa Bank Uganda Limited, formerly known as Barclays Bank of Uganda Limited, is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the country's central bank and national banking regulator. The bank is a subsidiary of Absa Group ...

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.

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. 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.

References

External links

Profile of Sarah Arapta, Chief Executive, Citibank Uganda
{{DEFAULTSORT:Arapta, Sarah Living people 21st-century Ugandan businesswomen 21st-century Ugandan businesspeople Ugandan bankers Makerere University alumni Year of birth missing (living people) People from Kampala Ugandan women chief executives Ugandan chief executives

Background and education

Career

Other considerations

See also

References

External links