Fred Omach
Encyclopedia
Fred Mandir Jachan-Omach, commonly known as Fred Omach is a Uganda
n banker and politician
. He is the current State Minister for Finance (General Duties)
in the Ugandan Cabinet
. He was appointed to this position in 2006. In the cabinet reshuffle of 16 February 2009, and that of 27 May 2011, he retained his cabinet post. He also serves as the elected Member of Parliament (MP), for "Jonam County", Nebbi District
. He has represented this constituency in parliament, continuously, since 2001.
for his S1 to S6 studies graduating in 1973. He entered Makerere University
, the oldest university in East Africa
, in 1974, graduating in 1977 with the degree of Bachelor of Arts in Economics & Social Administration
(BA
).
, as a Personnel Officer
. In 1979 he joined the now defunct Uganda Commercial Bank
(UCB). Over the years, he rose through the ranks until he attained the rank of General Manager
, at UCB, the largest commercial bank
in Uganda at that time. In 2001, he retired from banking and entered elective politics.
He successfully contested for the parliamentary seat of "Jonam County", Nebbi District
, in 2001. He has been re-elected to that parliamentary seat since. He was appointed to his present position in June 2006.
, playing golf
and reading
.
Uganda
Uganda , officially the Republic of Uganda, is a landlocked country in East Africa. Uganda is also known as the "Pearl of Africa". It is bordered on the east by Kenya, on the north by South Sudan, on the west by the Democratic Republic of the Congo, on the southwest by Rwanda, and on the south by...
n banker and politician
Politician
A politician, political leader, or political figure is an individual who is involved in influencing public policy and decision making...
. He is the current State Minister for Finance (General Duties)
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...
in the Ugandan Cabinet
Cabinet of Uganda
According to the Constitution of Uganda, "there shall be a Cabinet which shall consist of the President, the Vice President and such number of Ministers as may appear to the President to be reasonably necessary for the efficient running of the State."...
. He was appointed to this position in 2006. In the cabinet reshuffle of 16 February 2009, and that of 27 May 2011, he retained his cabinet post. He also serves as the elected Member of Parliament (MP), for "Jonam County", Nebbi District
Nebbi District
Nebbi District is a district in Northern Uganda. It is named after its main municipal, commercial and administrative centre, Nebbi, the location of the district headquarters.-Location:...
. He has represented this constituency in parliament, continuously, since 2001.
Education
Fred Omach attended Nyapeya High School, in Nebbi District, for his S1 to S4 schooling. He then attended Lango College in LiraLira, Uganda
Lira is a city in Northern Uganda. It is the main municipal, administrative and commercial centre of Lira District. Lira was the main metropolitan center of the now defunct Lango District ....
for his S1 to S6 studies graduating in 1973. He entered Makerere University
Makerere University
Makerere University , Uganda's largest and second-oldest higher institution of learning, , was first established as a technical school in 1922. In 1963 it became the University of East Africa, offering courses leading to general degrees from the University of London...
, the oldest university in East Africa
East Africa
East Africa or Eastern Africa is the easterly region of the African continent, variably defined by geography or geopolitics. In the UN scheme of geographic regions, 19 territories constitute Eastern Africa:...
, in 1974, graduating in 1977 with the degree of Bachelor of Arts in Economics & Social Administration
Bachelor of Arts
A Bachelor of Arts , from the Latin artium baccalaureus, is a bachelor's degree awarded for an undergraduate course or program in either the liberal arts, the sciences, or both...
(BA
Bachelor of Arts
A Bachelor of Arts , from the Latin artium baccalaureus, is a bachelor's degree awarded for an undergraduate course or program in either the liberal arts, the sciences, or both...
).
Work experience
His first job after university was in 1978, with the Ministry of Public ServicePublic services
Public services is a term usually used to mean services provided by government to its citizens, either directly or by financing private provision of services. The term is associated with a social consensus that certain services should be available to all, regardless of income...
, as a Personnel Officer
Human resources
Human resources is a term used to describe the individuals who make up the workforce of an organization, although it is also applied in labor economics to, for example, business sectors or even whole nations...
. In 1979 he joined the now defunct Uganda Commercial Bank
Uganda Commercial Bank
Uganda Commercial Bank Ltd was a Ugandan government-owned bank, and the largest financial institution in the country. In 2001 the bank was privatised and merged into Stanbic Bank Limited.-History:...
(UCB). Over the years, he rose through the ranks until he attained the rank of General Manager
General manager
General manager is a descriptive term for certain executives in a business operation. It is also a formal title held by some business executives, most commonly in the hospitality industry.-Generic usage:...
, at UCB, the largest commercial bank
Commercial bank
After the implementation of the Glass–Steagall Act, the U.S. Congress required that banks engage only in banking activities, whereas investment banks were limited to capital market activities. As the two no longer have to be under separate ownership under U.S...
in Uganda at that time. In 2001, he retired from banking and entered elective politics.
He successfully contested for the parliamentary seat of "Jonam County", Nebbi District
Nebbi District
Nebbi District is a district in Northern Uganda. It is named after its main municipal, commercial and administrative centre, Nebbi, the location of the district headquarters.-Location:...
, in 2001. He has been re-elected to that parliamentary seat since. He was appointed to his present position in June 2006.
Personal details
Fred Omach is married. He is reported to have particular interest in Bible studyBible study (Christian)
In Christianity, Bible study is the study of the Bible by ordinary people as a personal religious or spiritual practice. Some denominations may call this devotion or devotional acts; however in other denominations devotion has other meanings...
, playing golf
Golf
Golf is a precision club and ball sport, in which competing players use many types of clubs to hit balls into a series of holes on a golf course using the fewest number of strokes....
and reading
Reading (process)
Reading is a complex cognitive process of decoding symbols for the intention of constructing or deriving meaning . It is a means of language acquisition, of communication, and of sharing information and ideas...
.