New Executive Director Takes Helm at Uganda’s Financial Intelligence Authority

In a ceremony marked by esteemed presence and profound gratitude, the Financial Intelligence Authority (FIA) of Uganda welcomed its new Executive Director.

Appointment and Gratitude

• The FIA Board of Directors, Hon. Minister of Finance, Planning and Economic Development, Hon. Speaker of Parliament, and others were present.
• The appointee expressed deep appreciation for the opportunity to lead Uganda’s charge against money laundering, terrorism financing, and proliferation financing.

The Role of FIA

• The FIA was established to counteract illicit financial activities.
• Its mandate is essential to protecting Uganda’s economic and financial stability.

Commitment to Partnerships

• The new Executive Director expressed determination to forge robust partnerships.
• He aims to build a more secure financial landscape for Ugandans.
• Partners include Law Enforcement Agencies, Supervisory Bodies, National Intelligence Bodies, and Competent Authorities.
• Partnerships are essential at both the national, regional, and international levels.

Importance of International Engagement

• The Executive Director emphasized the importance of continued international engagement.
• Staying informed about the latest trends and techniques related to money laundering, terrorism financing, and proliferation financing is crucial.

Driving the Mission Forward

• The Executive Director looks forward to driving the FIA’s mission forward.
• He aims to leverage the expertise of colleagues and partners to effectively combat illicit financial activities.
• Preserving the trust and confidence the public places in financial institutions is a priority.