Operational risk, which largely occurs on account of lapses in systems and processes, is increasingly posing serious managerial challenges, hence calling upon financial institutions to institute comprehensive risk management framework. I am sure that the establishment of Barclays University will definitely go a long way in promoting training opportunities for developing strategies and techniques of combating infiltration of unscrupulous practices into the financial sector.
Bank of Uganda therefore most heartily congratulates Barclays Bank of Uganda Limited on this auspicious occasion of launching Barclays University in Uganda.