Sylvia Jagwe Owachi is a Ugandan businesswoman, banker and corporate executive, who is the acting chief executive officer of Cairo Bank Uganda, a commercial bank, effective 1 January 2021. She was the executive director at Cairo Bank Uganda from July 2021 to December 2021.

Early life and education

Owachi was born in Uganda . She attended

Gayaza High School Gayaza High School is the oldest all-girls boarding secondary school covering grades 8 to 13 (Secondary 1 to 6) in Uganda. The school is Church of Uganda, Church-founded, government of Uganda, government-aided and accredited by the Ministry of Ed ...

for both her O-Level and A-Level education. In 1993, she was admitted to

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 ...

, Uganda's oldest and largest

public university A public university, state university, or public college is a university or college that is State ownership, owned by the state or receives significant funding from a government. Whether a national university is considered public varies from o ...

, where she graduated with a

Bachelor of Commerce A Bachelor of Commerce (BCom or B Com) is an undergraduate degree in commerce, accounting, mathematics, economics, and management-related subjects. The degree is mainly offered in Commonwealth nations. Structure Bachelor of Commerce The Bac ...

degree, majoring in

finance Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Admin ...

. Later, she was awarded 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, 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

Owachi joined

Standard Chartered Uganda Standard Chartered Uganda, whose official name is Standard Chartered Bank Uganda Limited but is often referred to as Stanchart Uganda, is a commercial bank in Uganda. It is one of the banks licensed by the Bank of Uganda, the central bank and nat ...

(SCBU) in June 1996. She worked there full-time in various roles including as credit analyst, relationship manager and corporate service manager. In 2007, she was promoted to senior credit manager, then to senior risk manager in 2010 and to senior relationship manager local corporates and international corporates. Her last assignment at SCBU, for the last two years of her tenure there, was as the head of commodity traders and agribusiness. In 2016, she left SCBU and was hired by Guaranty Trust Bank Uganda, as the head of corporate banking for over four years. In June 2020, Owachi was appointed an executive director at Cairo Bank Uganda. She worked in that role until January 2022, when she was promoted to acting CEO/managing director at that bank.

Family

Owachi is a married mother of three sons.

Other considerations

As the acting CEO of Cairo Bank Uganda, Owachi replaced Ahmad Maher Nada, an Egyptian national, who had led the bank for the previous three and a half years.

References

{{DEFAULTSORT:Owachi, Sylvia Jagwe Living people 1970s births Ugandan bankers Ugandan chief executives Makerere University alumni Alumni of Heriot-Watt University People educated at Gayaza High School Ugandan women business executives Ugandan business executives Ugandan women chief executives