Module 4: Know your Money to Grow your Money - Personal finances.
Grace Makoko is a career banker with over twenty-five years’ experience in the banking industry in East Africa. Grace is one of a few East African bankers with senior banking experience in both Corporate Banking and Financial Markets. She began her illustrious banking career at Standard Chartered Bank Uganda straight after graduating from Makerere University. Grace joined the bank as a contract staff in the loans administration unit and rose through the ranks to become Standard Chartered Bank's East Africa Area Head of Financial Markets based in Nairobi, Kenya. Her regional responsibilities gave her vast exposure to the East African capital markets, the Banking industry, clients and regulators in the three main East African Markets with extensive dealings with and exposure to the Central Bank of Kenya, Bank of Tanzania and Bank of Uganda. These interactions created great opportunities to work with the respective central banks in migrating best practice across the region and positioned her and her team as a trusted advisor to many of their stakeholders.
Grace is a strong role model who inspires and motivates others to commit to a spirit of excellence in everything they do. She was instrumental in and contributed significantly to the development of the government securities (fixed income) secondary market in Uganda and earned Standard Chartered Bank Uganda respect within the market and with the regulators. To date Standard Chartered Bank Uganda plays a dominant role in the secondary market handling over 60% of all secondary market trades in government securities.
Grace is passionate about personal finance and wealth creation. She contributed a weekly column “Ask the Expert” on Personal Finance, Wealth Creation and Business in the New Vision, one of nations leading weekend publications from September 2016 to October 2020.Prior to this Grace contributed a bimonthly column on personal finance, money markets and banking in the Daily Monitor another one of the nation's leading daily newspapers from February 2010 to April 2015. To date she has authored over 80 articles and helped raise awareness on the subject of financial literacy and wealth creation.
Grace has since 2011 offered financial literacy training for interested groups of people. She has trained staff members at Standard Chartered Bank Uganda, Standard Chartered Bank Kenya, Rubaga Miracle Centre Church, the Barclays Women Network Forum, MTN Uganda, AAR Insurance, CDC, USAID Uganda mission and Uganda National Oil Authority.
Grace serves as a Non-Executive Director on the dfcubank Uganda Ltd Board, the Britam Insurance Uganda Ltd Board and Med-Optics Ltd Board.
Grace is a Chartered Banker and is a holder of the prestigious Chartered Banker MBA from Bangor Business School, Wales, United Kingdom and a Bachelor of Science in Food Science and Technology Degree from Makerere University, Kampala, Uganda.