Standard Chartered Bank Uganda holds inaugural Thought leaders for Development & Non Governmental Organizations

Standard Chartered Bank has today held the first Thought Leadership Forum for over 120 Development & Non Governmental Organizations at Kampala Sheraton Hotel.

The forum held under the theme; “Global trends and their impact on Development Organizations” aims at creating awareness and sensitizing Development Organizations on various topical issues around; governance and other factors critical to the success of Development & Non Governmental Organizations.

The forum has provided a platform for different actors to share knowledge, best practice, increase levels of conform and creating awareness in an interactive space among Development Organizations.

Cognizant of the fact that Development & Non Governmental Organizations operate in a dynamic environment that is constantly changing and requires them to quickly adapt to remain relevant, the Bank organized several presentations, a case study and a panel discussion to delve into topical issues like;

Demystifying Anti Money Laundering (AML) and responsibilities of accountable persons under the AML Act Cutting edge Digital Innovations and Payment Solutions in Uganda and how mobile money can ease and facilitate remote payments.

How market research can aid Financial Planning & Budgeting. Critical insight will be provided on local and global economic outlook, FX risk management through hedging and other solutions.

In his welcome remarks, Mr. Albert R. Saltson, the Chief Executive Officer of Standard Chartered Bank recognised the importance of Development Organizations and NGOs stating;

“Our decision to host the Thought leaders’ forum is premised on the Bank’s commitment to ensure Development & Non Governmental Organizations are safe and secure from financial crime, compliance breaches as well as providing safe and cost effective financial solutions. To succeed these Organizations must stay aligned with global best practices, manage the rate of change as efficiently as possible using cost effective solutions.”

Mr. Moses Adriko, the Non Executive Director on the Board of Standard Chartered Bank thanked the invited guests for attending the Forum saying;

“On behalf of the Board and Management of Standard Chartered Bank, I warmly thank you all for accepting our invitation. This forum has presented an opportunity to learn, network, create and deepen relationships. It is my sincere hope that today’s discussions and deliberations have inspired, informed and will enrich your operations.

The Bank will continue to support Development and Non Government Organizations for the mutual benefit of our institutions, for the good of our country and the interest of promoting our national development agenda. I would also like to appreciate our speakers and panel discussants who took time to prepare and share with us their expertise, knowledge and experiences.” Mr. Adriko concluded.

The robust panel of discussants comprised of representatives from Financial Intelligence Authority, PATH International, Sebalu & Lule, NSSF and URA.