Peter Okio Olal
Non - Executive Director, Banking, Credit & Capital – The Burnratty Investment Group
Peter Okio Olal is a senior banking, credit, risk and transactions executive with more than 20 years of experience and over US$2 billion in cumulative financial transaction exposure.
His work spans corporate and commercial lending, M&A, financial due diligence, corporate finance, credit structuring, portfolio management and capital-market activity. He has built his career across some of Uganda's most significant financial institutions, including Stanbic Bank Uganda, Exim Bank Uganda, Opportunity Bank Uganda and Cairo Bank Uganda, operating at the intersection of capital, risk, transactions and institutional decision-making. His career includes exposure to multi-billion-shilling corporate financings, dozens of M&A transactions, major credit portfolios and public-market capital formation, including supporting the public issuance and sale of Umeme shares through its IPO.
Peter is a financial operator with an unusually broad understanding of how capital moves through an economy. His experience encompasses financial and commercial due diligence, valuation, balance-sheet analysis, debt and equity structures, ROI assessment, market analysis, credit underwriting, transaction structuring, regulatory compliance and enterprise-wide risk. He has assessed businesses from the perspective of both the investor and the lender: determining not only what a business is worth, but whether its earnings, capital structure, cash flows and market position can support the capital being deployed.
His banking career has placed him in positions of significant responsibility over large credit portfolios and institutional risk. At Cairo Bank Uganda, he served as Senior Risk Manager and previously as Deputy Head of Credit and Acting Head of Credit. He was involved in the evaluation and disbursement of more than UGX 50 billion in credit annually, while contributing to the expansion of the loan portfolio by 46% and reducing non-performing assets from 23% to 7%.
He also contributed to the recovery of approximately UGX 26 billion in non-performing loans and played a role in a major institutional turnaround in which Cairo Bank Uganda moved from a UGX 5.2 billion loss to a UGX 1.6 billion net profit.
At Exim Bank Uganda, Peter supported significant credit portfolio growth involving approximately UGX 60 billion and US$15 million in exposure while maintaining individual portfolio NPLs below 3%. At Opportunity Bank Uganda, he provided credit-control oversight and helped identify and mitigate major fraud exposures. His earlier career at Stanbic Bank Uganda gave him extensive experience across retail, SME and corporate banking, credit verification and financial analysis, while also exposing him to Uganda's capital markets through his role supporting the Umeme IPO.
Peter's M&A experience includes participation in acquisition and investment transactions, with responsibilities spanning business analysis, financial due diligence, valuation, leverage analysis, debt-equity assessment, return analysis, market conditions, regulatory compliance and sustainability forecasting. He is also conversant with seller financing and alternative acquisition structures, directly relevant to TBIG's acquisition model.
Beyond conventional banking, Peter has demonstrated an entrepreneurial and public-leadership dimension. He founded Karamoja HR and Business Services, building a business focused on employment creation, investment attraction and connecting investors with opportunities across sectors including mining, marble and agriculture. He has also contested for political office, gaining experience in public engagement, persuasion, stakeholder management, leadership and operating within high-pressure public environments.
His professional expertise extends into Enterprise Risk Management, IFRS 9, ICAAP, ILAAP, Basel II/III, stress testing, regulatory governance, ESG and sustainable finance. At Cairo Bank Uganda, he contributed to the development and implementation of the institution's ICAAP, ILAAP and IFRS 9 frameworks and served as its ESG & Sustainability Champion.
Peter holds a Bachelor of Arts in Education from Makerere University and a Postgraduate Diploma in Financial Management from Uganda Management Institute. He is enrolled in an MBA at Edinburgh Business School, Heriot-Watt University, and is pursuing CPA Level II with the Institute of Certified Public Accountants of Uganda.
At The Burnratty Investment Group, Peter serves as Non-Executive Director, Banking, Credit & Capital, bringing two decades of banking and financial-services experience, substantial transaction exposure, M&A and due-diligence expertise, credit leadership, capital-markets experience and institutional risk management to TBIG's ambition to dominate and consolidate the highly fragmented billion-dollar African healthcare sector.