Racheal is currently the Head of Internal Audit, an independent function
whose primary role is to help the Board and Executive Management to
protect the assets, reputation and sustainability of EFC. In this role she
provides leadership to the Internal Audit team to enable the function
effectively provide assurance to stakeholders and support EFC in achieving its
short and long term goals and objectives.
Racheal Kobwesigye joined EFC in September 2021 as Chief Internal Auditor
from another commercial bank where she held the same role.
She has over 9 years of experience in Risk Management, Internal Audit and
External Audit in the Financial Services space. She has handled assignments
in Uganda and other African countries including Rwanda, Liberia and Sierra
She holds a Bachelor’s degree in Commerce (Accounting) from Makerere
University, is a member to both the Association of Chartered Certified
Accountants, UK(ACCA) and the Institute of Certified Public Accountants of
Uganda (ICPAU), currently pursuing a Master’s in Business Administration from
When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.