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Africa: UDB’s Patricia Ojangole Named Africa Banker of the Yr


Dr. Patricia Ojangole, the Managing Director of Uganda Growth Financial institution (UDB)has been named Banker of the Yr on the prestigious African Banker Awards.

Ojangole was introduced on the nineteenth African Banker Awards ceremony, held Wednesday at Sofitel Resort in Abidjan, Côte d’Ivoire, through the African Growth Financial institution Annual Conferences.

The Banker of the Yr Award recognises an influential and inspirational chief within the African banking sector whose management and imaginative and prescient have pushed robust monetary efficiency over the previous yr, efficiently guiding their establishment to new heights within the trade.

“The judging committee appeared for a person of excellent integrity, somebody who has managed to articulate a transparent imaginative and prescient for his/her establishment and who has managed to make sure his/her financial institution is enjoying an lively function in enhancing socio-economic empowerment and improvement throughout the neighborhood his/her establishment operates in,” the quotation for the award class states.

Recipients of this prestigious award exhibit inspirational management, reveal novel finest enterprise practices, develop into new markets, are progressive when it comes to new companies and adaption of latest applied sciences for buyer comfort and safety mechanisms.

“It provides me nice honour to obtain this recognition. This Award is a basis for me to advance Africa’s improvement agenda leveraging tailor-made monetary options that reply to the wants of Africans in a sustainable method,” Dr. Ojangole mentioned of the popularity.

“It is a testomony of exhausting work, resilience, consistence and dedication to serve the area.”

For 2025, awardees paid eager consideration to management when it comes to serving to empower girls (by way of lending to women-led companies and by selling girls to positions of management) in addition to serving to to increase credit score to the actual financial system – specifically SMEs.

Within the class ‘banker of the yr’, Dr. Ojangole was nominated alongside abdulmajid mussa nsekela, managing director of CRDB Financial institution PLC; Jeremy Awori, CEO of Ecobank; promise awad, group CEO EFG Holding; Léon Konan Koffi, CEO OF AFG Holding; Mukwanddi Chibesakunda, CEO of Zanaco Inc; and

Sidi Ould Tah, President of the Arab Financial institution for Financial Growth in Africa.

Talking on the ceremony, Omar Ben Yedder, chair of the Awards Committee recognized the personal sector and banks as important to remodeling the continent.

“Thomas Sankara mentioned those that feed you, rule you. To paraphrase him, we may simply say those that finance you, rule you. We’d like robust African-owned banks. The personal sector is the important thing to unlocking scale, and banks are the gasoline for driving Africa ahead. African DFIs have gained huge due to the catalytic function they’re enjoying in reworking the funding panorama in addition to working extra carefully with the African personal sector to help SMEs and different asset lessons which might be underfunded,” mentioned Yedder.

UDB was one in every of solely six among the many improvement finance establishments working in Africa that had been awarded, the others being; Commerce and Growth Financial institution Group (TDB Group), African Commerce & Funding Growth Insurance coverage (ATIDI), Afreximbank, Africa Finance Company (AFC) and Financial institution of Trade (BOI).

Concerning the awards

The African Banker Awards are a landmark annual occasion for African banking happening through the annual conferences of the African Growth Financial institution. Organised by African Banker journal below the excessive patronage of the African Growth Financial institution, the African Banker Awards rejoice excellence and finest practices in African banking.

Recognising the personalities and banks which might be driving Africa’s quickly reworking monetary sector, the African Banker Awards convey collectively trade leaders from Africa and the world.

They rejoice the achievements of those that are driving development and improvement and creating new financial alternatives for residents and communities everywhere in the continent and encourage new

generations of bankers who’re shaping Africa’s future.

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On the identical evening, UDB was awarded by Uganda’s central financial institution among the many finest taking part monetary establishments within the Agricultural Credit score Facility (ACF) and Small Enterprise Restoration Fund (SBRF).

The financial institution gained an award for well timed and full funds of loans due.

As well as, UDB was acknowledged for; having disbursed the best variety of loans to tasks contributing to worth addition; and supporting the expansion and improvement of Uganda’s agricultural sector.

In 2024, UDB gained the Regional Financial institution of the Yr for East Africa in the identical Awards. The financial institution was acknowledged for it is excellent contribution to the expansion and improvement of Africa’s banking sector.

As well as, the financial institution acquired a Silver Award (A+ ranking) from the Affiliation of African Growth Finance Establishments (AADFI) for its operational effectivity, governance techniques, improvement influence, and general institutional sustainability.

The African Banker Awards are designed to recognise the reforms, fast modernisation, consolidation, integration and growth of Africa’s banking and monetary system.



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