Your Name

Detail-oriented Compliance Officer dedicated to improving policies and procedures in all business areas. Hardworking and driven with quality-focused and proactive approach. Bringing [Number] years of experience in [Industry]. Detail-driven Compliance Officer focused on maximizing company compliance with applicable laws and standards. Knowledgeable about internal controls, process evaluations and procedural reviews. Proficient in [Software ]. Fantastic critical thinker with great memory and efficiently organize vast amounts of data. Great at performing internal audits, conducting investigative reporting and transcribing information.

• I am a Fellow of Chartered Certified Accountants (FCCA) of UK, Holder of MBA (Herriot Watt University Scotland), Institute of Certified Public Accountants of Uganda (ICPAU) Member, Institute of internal Auditors [IIA-Uganda Chapter] Member, and holder of a Diploma in Business studies
• Chief Risk and Compliance Officer &Finance Executive Kuda Financial services (U) March 2022 –To date
• Currently heading the Risk, Compliance and Finance functions at Kuda at the set up stage
• Kuda is An African FINTEC Headquartered in UK with operations in Nigeria but also at set up stage in Uganda, Tanzania, Ghana, South Africa and Canada
• Kuda is at the final stages of security a Central Bank License in Uganda as a tier 2 Bank
• I am currently in charge all Risk Management, Compliance and Finance aspects of the Company
• I have been successful in developing Compliance policies, Risk Management policies and Finance processes end to end
• Chief Risk officer Ecobank Uganda April 2014 –March 2022
• I worked with Ecobank Uganda as a chief Risk Officer
• Ecobank Uganda is a subsidiary of Ecobank Transnational Incorporated (ETI), which is a PAN AFRICAN BANK and the largest African Bank with a presence in 36 African countries and also with a presence in London, Paris, Beijing, Ethiopia and Dubai
• In my current role, I lead the Risk Management function
• The Department is charged with the responsibility of identifying, assessing, monitoring and controlling all risks affecting the Bank
• The risks which we manage include but are not limited to Strategic, Credit, Market, Operational, liquidity, Compliance Reputational, Governance, Environmental & Social and Cyber risks
• I have just implemented Basel 11 and 111 (ICAAP) for Ecobank Uganda as a Lead project Manager
• I have over 17 years of experience in the Financial Services sector in Uganda,7 of which as a Chief Risk officer of Ecobank Uganda
• I have had opportunities of working for some short periods in some of the Ecobank Affiliates like Kenya, Tanzania, Ghana and Togo and gained vast experiences and best Risk management practices in those Markets
• I am responsible for the development of a flexible annual Risk Management work plan, Annual Risk Assessments and their effective implementation plus periodic reporting to the Board through the Board Risk committee and Senior Management
• A responsibility I have undertaken to the satisfaction of the Board over the last 7 years
• I am also currently the Chairman of the Risk Management committee of Uganda Bankers Association (UBA), where I lead all Chief Risk officers/Heads of Risk and all Risk management professionals in Uganda
• My mandate is to help design and implement the Risk Management strategies in Uganda so as to become trusted value adding and independent advisors to the CEOs, Bank Boards and the Central Bank and other key stakeholders like Government
• This committee which I lead is driving the agenda of re-imaging Risk Management as a function which supports decision making and helps in the achievement of the Business objectives of the Banks especially in Environment, Governance, Risk and Social Risk management
• My profile was recently (November 2020) featured in ACCA Global Accounting and Business Magazine as a recognition for best Risk Management practices in Ugandan Banking Industry
• Refer to ACCA Global Magazine or follow the link: https://abmagazine.accaglobal.com/global/articles/2020/ab-nov-2020/business/the-view-from-opio-israel-fcca.html
• In March 2021,I was appointed as a member of ACCA Global Governance, risk and performance forum(ACCA Global committee formed in UK) which meets monthly to deliberate on Global Risk matters and International best practices
• I was voted the Best Accountant in Uganda in 2013 by the ACCA members for outstanding contribution towards ACCA student support (Lecturing ACCA Financial reporting & Taxation) and mentoring Accountants and Auditors
• Appointed a council (Senate) member of Uganda’s Institute of Banking and Financial services (UIFBS) in 2020 with a responsibility of providing quality Control and research for the Institutes academic programs
• I am a member of the Ecobank Senior Management committees like; The EXCO, ALCO, Management Risk Committee (MRC), Credit Committee
• I am also the chairman of the Product and Pricing committee of the Bank
• KEY ACHIEVEMENTS IN THE CURRENT AND PREVIOUS ROLES
• Reduced Non-performing Loans (NPL) ratio from 16.8% in 2014 to 5.6% by the end of 2016 (within two years of assuming the position of Chief Risk officer), this led to the end of the Bank’s 7-year loss making position
• NPL ratio stood at 0.46% as at 31st, December 2020 being one of the lowest in Ugandan Banking Industry
• It was at 0.45% as at 30th September 2021
• Designed the Risk Management risk appetite statement, developed the Risk management Framework, implemented Enterprise Risk Management and enhanced Risk management policies that led to improved Risk awareness, Strong Risk culture and consequently significant reduction in risks
• I set up the Market risk unit in the Risk Management Department leading to strong liquidity management and substantial reduction of revaluation losses
• Established strong organizational systems, processes and frameworks that enhance organizational effectiveness and efficiency as well as support tactical execution of the strategy
• Through continuous evaluation of the effectiveness of risk management, controls and governance processes and my direct involvement in Loan recoveries, the Risk Management function significantly contributed to Ecobank’s improved control environment, Credit portfolio and a reduction in operational losses and turned profitable in 2016 after 7 years of loss-making operations
• I ensured the development and implementation of policies, systems, procedures and tools that will assure quality delivery and effective impact in areas of responsibility
• Improved internal control which has led to the Bank registering zero frauds in the last 4 years
• A remarkable achievement that many Banks in the industry have not achieved
• I spearheaded the implementation of the Risk Control Self-Assessment (RSCA) tool which was rolled out by the Ecobank Group across the 36 African countries where we have a presence which led to Ecobank Uganda to 5th Best Affiliate/Subsidiary among 36 countries
• I oversaw and supported the Banks successful Core Banking system upgrade from Flexcube version 7.4 to Version 12 in 2019
• I have overseen the implementation of the Environment, Governance &Social risk policies, procedures, and practices and ensured that these procedures are integrated with Bank’s business processes for evaluating project financial risks and monitoring such risks for ongoing compliance as per our Equity funders instructions
• I currently review and issue an independent opinion/No objection on environmental and social risks for Credit applications submitted for approval/review and working closely with the Group Head of E&S in ensuring that all our loan facilities in Country meet the criteria
• Credited for initiating Uganda Bankers Association Risk committee and operationalizing it effectively by bringing together all Risk Management professionals in Uganda, guiding through the Basel 1,11

• THE CURRENT ROLE Develop and Implement the Internal Capital Adequacy Assessment processes as per Basel 11 and 111 guidelines. Working with the business to plan, design and implement risk and compliance management processes, controls and assurance mechanisms to monitor existing risks and/or identify emerging risks and ensure the business is operating within its stated risk appetite Identifying new/emerging compliance obligations, managing the legislative change process and coordinating the creation and implementation of applicable policies and procedures to facilitate legislative change with input from the relevant functions. Conduct Risk assessments, measurement, monitoring, Reporting and devise risk mitigants in accordance with the Board’s approved Risk Management Strategy and the Risk appetite statement. Oversee the management of risk across the Bank’s activities; ensuring development of a comprehensive understanding of Bank’s risks and mitigation strategies. Develop and ensure the periodic updating of the policy for the management of the various risks within the Bank and ensure the application of the risk strategy approved by the Board of Directors; Ensure the effective establishment of an integrated risk management framework that is supported by reliable governance involving governance bodies; Develop and ensure the implementation of a robust process for the approval of new exposures, renewal or restructuring of existing credit exposures guided by credit risk management policies and procedures; Establish stress testing programs to assess the potential impact of severe but plausible adverse scenarios on the financial soundness of subsidiaries and the holding company; Contribute to the implementation, updating and validation of risk mapping that identifies, evaluates and prioritizes all risks taken within the Group; Ensure that policies and procedures that define outsourcing modalities to adequately identify, measure, mitigate and control outsourcing risks exist and are regularly updated Ensure the existence and implementation of formalized country risk management, transfer, reputation and strategic risk management policies and procedures approved by the Board of Directors Ensure the execution of the annual schedule of control missions assigned to the risk management function as well as the follow-up of the recommendations emerging from the internal and external audit reviews relating to the management of the various risks within the Group; Supervise the production of the various reports and indicators related to the management of all risks within the Bank. Prepare and ensure the holding of the Bank’s Risk Committee as well as participate in the meetings of the Risk Committees of the Bank Spreadhead efforts related to enterprise risk management and ensure the implementation of appropriate risk management plans and practices throughout the Bank. Engage with key stakeholders and role players to confirm applicable risk registers as well as the development business unit risk profiles. Facilitate the quantification of suitable risk limits and assist business unit management to develop and adopt their respective risk appetite statements. Support management with the development of internal controls as well as plans and processes to measure and mitigate risks across the Bank. Formulate and implement appropriate assurance strategies (testing, reviewing and monitoring) in line with agreed priorities and aligned to the Group combined assurance plans. Create and disseminate suitable risk measurements, assessments and reports as required for management purposes. Contribute to the development and evaluation of business plans and strategies as well as appropriate policies and processes related to their implementation.