Edigold Monday
Encyclopedia
Edigold Monday, a Uganda
n accountant
, businesswoman, bank executive and educator.
, of Bank of Africa Uganda Limited
. She was appointed to that position in December 2010. Ms. Monday is the first Uganda
n female to hold the position of Managing Director and Chief Executive Officer at Bank of Africa Uganda is also the first Ugandan woman to serve as the Chief Executive Officer
of a commercial bank
in the country's history.
, obtaining the degree of Bachelor of Science with Education (BSc.Ed), from Makerere University
, the oldest tertiary learning institution in the country. She also holds qualifications from Galilee International Management Institute, an International Management Training institution in Israel
, formerly known as Galilee College. Ms. Monday is a member of the Institute of Certified Public Accountants of Uganda
.
She became a banker in 1994, starting as an Accountant Trainee at Centenary Bank
. Over the years, she served as the Director of Finance and Administration at the Uganda Wildlife Authority
. She later joined Commercial Microfinance (CMF), a Tier II Microfinance Institution
, rising to the level of Executive Director. When Industrial and General Insurance Company Plc. of Nigeria
, acquired CMF in 2008, renaming the institution Global Trust Bank
, Ms. Monday served briefly as interim Executive Director at Global Trust Bank before she left to join Bank of Africa Uganda
. In 2009, she was appointed to serve as Acting Managing Director at BOA-Uganda. She was confirmed in that capacity in December 2010.
Uganda
Uganda , officially the Republic of Uganda, is a landlocked country in East Africa. Uganda is also known as the "Pearl of Africa". It is bordered on the east by Kenya, on the north by South Sudan, on the west by the Democratic Republic of the Congo, on the southwest by Rwanda, and on the south by...
n accountant
Accountant
An accountant is a practitioner of accountancy or accounting , which is the measurement, disclosure or provision of assurance about financial information that helps managers, investors, tax authorities and others make decisions about allocating resources.The Big Four auditors are the largest...
, businesswoman, bank executive and educator.
Overview
She is the current Managing Director and Chief Executive OfficerChief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
, of Bank of Africa Uganda Limited
Bank of Africa (Uganda)
Bank of Africa , whose complete name is Bank of Africa Limited, is a commercial bank in Uganda. The bank is a member of the Bank of Africa Group, a multinational, Pan African bank headquartered in Bamako, Mali, with presence in eleven African countries, including Benin, Burkina Faso, Burundi,...
. She was appointed to that position in December 2010. Ms. Monday is the first Uganda
Uganda
Uganda , officially the Republic of Uganda, is a landlocked country in East Africa. Uganda is also known as the "Pearl of Africa". It is bordered on the east by Kenya, on the north by South Sudan, on the west by the Democratic Republic of the Congo, on the southwest by Rwanda, and on the south by...
n female to hold the position of Managing Director and Chief Executive Officer at Bank of Africa Uganda is also the first Ugandan woman to serve as the Chief Executive Officer
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
of a commercial bank
Commercial bank
After the implementation of the Glass–Steagall Act, the U.S. Congress required that banks engage only in banking activities, whereas investment banks were limited to capital market activities. As the two no longer have to be under separate ownership under U.S...
in the country's history.
History
Edigold Monday first studied to be a teacherTeacher
A teacher or schoolteacher is a person who provides education for pupils and students . The role of teacher is often formal and ongoing, carried out at a school or other place of formal education. In many countries, a person who wishes to become a teacher must first obtain specified professional...
, obtaining the degree of Bachelor of Science with Education (BSc.Ed), from Makerere University
Makerere University
Makerere University , Uganda's largest and second-oldest higher institution of learning, , was first established as a technical school in 1922. In 1963 it became the University of East Africa, offering courses leading to general degrees from the University of London...
, the oldest tertiary learning institution in the country. She also holds qualifications from Galilee International Management Institute, an International Management Training institution in Israel
Israel
The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...
, formerly known as Galilee College. Ms. Monday is a member of the Institute of Certified Public Accountants of Uganda
Certified Public Accountant
Certified Public Accountant is the statutory title of qualified accountants in the United States who have passed the Uniform Certified Public Accountant Examination and have met additional state education and experience requirements for certification as a CPA...
.
She became a banker in 1994, starting as an Accountant Trainee at Centenary Bank
Centenary Bank
Centenary Bank is a commercial bank in Uganda. It is one of the twenty-three licensed commercial banks in the country.-Overview:The bank is a mid-sized financial services provider in Uganda. It is primarily involved in the promotion of development through loans to rural farmers, processors of...
. Over the years, she served as the Director of Finance and Administration at the Uganda Wildlife Authority
Uganda Wildlife Authority
The Ugandan Wildlife Authority is one of the governing bodies that regulates wildlife conservation in Uganda.It was established in August 1996 by the Uganda Wildlife Statute, which merged the Uganda National Parks and the Game Department...
. She later joined Commercial Microfinance (CMF), a Tier II Microfinance Institution
Banking in Uganda
-The early years:Prior to Uganda’s independence in 1962, Government-owned institutions dominated most banking in Uganda. In 1966 the Bank of Uganda, which controlled the issue of currency and managed foreign exchange reserves, became the Central Bank. Uganda Commercial Bank, which had fifty...
, rising to the level of Executive Director. When Industrial and General Insurance Company Plc. of Nigeria
Nigeria
Nigeria , officially the Federal Republic of Nigeria, is a federal constitutional republic comprising 36 states and its Federal Capital Territory, Abuja. The country is located in West Africa and shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east, and Niger in...
, acquired CMF in 2008, renaming the institution Global Trust Bank
Global Trust Bank
Global Trust Bank is a commercial bank in Uganda which started operations in 2008. Its headquarters are located in a five-storey building on Kampala Road in the center of Uganda’s capital, Kampala.-Ownership:...
, Ms. Monday served briefly as interim Executive Director at Global Trust Bank before she left to join Bank of Africa Uganda
Bank of Africa (Uganda)
Bank of Africa , whose complete name is Bank of Africa Limited, is a commercial bank in Uganda. The bank is a member of the Bank of Africa Group, a multinational, Pan African bank headquartered in Bamako, Mali, with presence in eleven African countries, including Benin, Burkina Faso, Burundi,...
. In 2009, she was appointed to serve as Acting Managing Director at BOA-Uganda. She was confirmed in that capacity in December 2010.
External links
See also
- List of banks in Uganda
- Bank of Africa (Uganda)Bank of Africa (Uganda)Bank of Africa , whose complete name is Bank of Africa Limited, is a commercial bank in Uganda. The bank is a member of the Bank of Africa Group, a multinational, Pan African bank headquartered in Bamako, Mali, with presence in eleven African countries, including Benin, Burkina Faso, Burundi,...
- Bank of Africa GroupBank of AfricaBank of Africa is a multinational bank in Africa. Its first office was founded in Bamako, Mali in 1982.-Branches and subsidiaries:Bank of Africa:*BOA Group*Banque de l'Habitat du Benin in Cotonou, Benin*BOA Burkina Faso*BOA Côte d'Ivoire...
- List of banks in Africa