Patrick Oketa appointed new FSD Uganda Executive Director

June 23, 2022 in Financial Services by Editor

Oketa is an ardent advocate for the increase in the role of the financial sector as a contributor to the national GDP of Uganda with a belief that this could exponentially improve the livelihood of millions of Ugandans which fits in well with FSD Uganda’s vision and mission.

Financial Sector Deepening (FSD) Uganda has a new Executive Director. He is  Patrick Oketa, who will lead the development and oversee the delivery of key progammes centred around transforming and developing more inclusive financial markets. FSD Uganda gets substantial funding from several donors at partners including the Bill and Melinda Gates Foundation, the European Union, the Mastercard Foundation and UKAid.

According to a FSD Uganda statement, ‘Patrick is a seasoned banker, economist, and finance professional with experience in debt investing, private equity, development banking and advisory. He has over 20 years of experience working to deploy capital to businesses which have the potential to positively change the livelihoods of Uganda’s most vulnerable communities’.

Since 2015, FSD Uganda has worked closely with financial market actors to facilitate the development of a more competitive, robust and inclusive financial sector that meets the needs for everyone, especially the unserved and underserved.

Previously, Oketa has been Managing Director at Aval Capital. His experience includes roles with Development Banks such as the African Development Bank, East African Development Bank, and the Uganda Development Bank. He has also in the past worked for Actis, Acumen and Pearl Capital as Director and partner. He holds a Bachelors’ Degree in Economics, Masters in Banking and Finance and an MBA.

According to the statement the statement, ‘Patrick is passionate about financial inclusion and impact investing. He is an ardent advocate for the increase in the role of the financial sector as a contributor to the national GDP of Uganda with a belief that this could exponentially improve the livelihood of millions of Ugandans which fits in well with FSD Uganda’s vision and mission’.