Michael Karokora Mugabi, is a Ugandan lawyer and corporate executive, who serves as the managing director and chief executive officer of Housing Finance Bank (HFB), a commercial and mortgage bank headquartered in Kampala, Uganda's capital city.[1] The bank is co-owned by the Uganda National Social Security Fund and the Uganda Ministry of Finance, Planning and Economic Development.[2]
Michael Mugabi | |
|---|---|
| Born | |
| Nationality | Ugandan |
| Citizenship | Uganda |
| Education | Makerere University (Bachelor of Laws) Law Development Centre (Diploma in Legal Practice) Institute of Chartered Secretaries and Administrators (Fellow of the Institute of Chartered Secretaries and Administrators) University of London (Master of Laws) |
| Occupation(s) | Lawyer, Businessman, Banker, Corporate Executive |
| Years active | 1996 — present |
| Known for | Leadership, Banking expertise |
| Title | Managing Director & CEO of Housing Finance Bank |
Early life and education
editFollowing the completion of his high school education, he was admitted to Makerere University, the oldest and largest public university in Uganda. He graduated with a Bachelor of Laws degree. He followed that with a Diploma in Legal Practice, obtained from the Law Development Centre, in Kampala, Uganda's capital city. He was then admitted to the Uganda Bar as a practicing attorney.[3]
His degree of Master of Laws in commercial and corporate law, was obtained from the University of London. He is also a Fellow of the Institute of Chartered Secretaries and Administrators (ICSA).[3]
Career
editPrior to his present position, Mugabi was an executive director at Housing Finance Bank. He served as director of operations at the bank. Before that, he was the Company Secretary and Head of Legal services at the institution. He also previously served as Head Human Resources at HFB.[4] He was appointed in Acting Capacity, and then in complete capacity to replace Mathias Katamba, who resigned to assume the position of Chief Executive Officer at DFCU Bank.[3] Housing Finance Bank is the largest mortgage lender in the country, accounting for about 60 percent of all mortgage loans.[5]
See also
editReferences
edit- ^ Bloomberg LP (2019). "Executive Profile of Michael K. Mugabi: Acting MD & Executive Director of Operations, Housing Finance Bank Limited". New York City: Bloomberg.com. Retrieved 17 March 2019.
- ^ Winnie Watera (2017). "Housing Finance Bank Seeks 30 Billion Capitalization From Government". Kampala: Parliament Watch Uganda. Retrieved 17 March 2019.
- ^ a b c SoftPower Reporter (26 October 2018). "Michael Mugabi Appointed Housing Finance Bank's Acting MD After Katamba's Resignation". Kampala: SoftPower Uganda. Retrieved 17 March 2019.
- ^ Housing Finance Bank (March 2019). "Housing Finance Bank: Mr. Michael Mugabi: Managing Director". Kampala: Housing Finance Bank. Retrieved 17 March 2019.
- ^ Michael K. Mugabi (25 December 2018). "A tale of Uganda's only indigenous bank". Daily Monitor. Kampala. Retrieved 17 March 2019.
External links
edit- Website of Housing Finance Bank
- Housing Finance Bank replaces Mathias Katamba with Michael Mugabi As of 28 October 2018.