Gloria is a Partner and heads the Banking and Finance practice of the firm which includes banking and finance, real estate/property and project finance.
She has previously worked in the banking industry with Stanbic Bank Uganda where she worked as Manager Legal, Corporate and Investment Banking and deputized the Head Legal and Company Secretary. Gloria has also previously worked as Country Legal Counsel and Assistant Company Secretary at Standard Chartered Bank Uganda.
Gloria has a wealth of experience as in house counsel advising on structuring of facilities, syndicated and bilateral loans, as well as experience with the preparation, registration and perfection of finance documents.
Gloria previously worked at MMAKS Advocates in the Corporate and Commercial where she specialized in commercial transactions with specific emphasis on corporate advisory, due diligence, the telecommunications sector, merges and acquisitions and general company and commercial matters.
Gloria was a Board member and Trustee of Stanbic Bank Uganda Staff Pension Fund as well as a Board member of the Institute of Corporate Governance of Uganda.
Gloria holds a Masters of Law degree in Global Business Law from the New York University School of Law, and a Masters of Laws degree in Corporate and Financial Services Law from the National University of Singapore.
Membership In Professional Societies
Advocate, High Court of Uganda
Member, Uganda Law Society
Member, East Africa Law Society
LL.M ( Global Business Law), New York University School of Law
LL.M (Corporate and Financial Services Law), National University of Singapore
Postgraduate Diploma in Legal Practice, Law Development Centre, Uganda
LL.B (Hons.), Makerere University, Uganda
Partner, MMAKS Advocates
Manager Legal, Corporate and Investment Banking and deputy to the Head Legal and Company Secretary, Stanbic Bank Uganda Limited
Country Legal Counsel and Assistant Company Secretary, Standard Chartered Bank Limited
Areas of Expertise
Banking and Finance
Real Estate and Property
Corporate and Commercial
Advising, as in-house counsel, a financial institution on a novel structuring in the Ugandan market for facilities to a Chinese incorporated company including opinions on the structure, security to be provided, and reviewing the relevant transaction documents
Advising, as in-house Counsel, a financial institution on its re-organisation as a regulated and listed entity, creation of a holding company structure, licensing of a new subsidiary and the transfer of its business as a going concern to a subsidiary of the financial institution including obtaining relevant regulatory, shareholder and director approvals within the Bank and with the Bank of Uganda, Uganda Securities Exchange, and Capital Markets Authority of Uganda
Advising, as in-house Counsel, on facilities to a large scale grain milling company incorporated in Tanzania including drafting relevant documentation, and advising on relevant security perfection aspects, and preparation of Conditions Precedent Checklists
Advising on the purchase by a Private Equity Fund of majority stake in a power plant in Uganda including completion of the due diligence on the proposed electricity manufacturer and advising on relevant corporate and government approvals that would be necessary
Advising on the investment by Ciel Capital in Electro-Maxx (U) Limited which involved a review of a Power Purchase Agreement between Electro-Maxx (U) Limited in respect of the 50MW thermal power generation complex at Tororo.
Undertaking a detailed due diligence for France Telecom on the acquisition by its subsidiary of a majority stake in a mobile telecommunications operator in Uganda. Including advising on licensing and regulatory matters, reviewing a complex share purchase agreement, employee issues, corporate structure, ownership of land and material agreements.
Advising on the initial public offering by Umeme Limited, which carries on the business of electricity retail and distribution in Uganda. This involved carrying out a due diligence and a review of the Concession from the Uganda Electricity Distribution Company Limited to operate, maintain, manage and commercially use the Distribution System in Uganda, a review of the Lease and Assignment Agreement, the Support Agreement and the Power Sales Agreement between Umeme Limited and Uganda Electricity Distribution Company Limited and Uganda Electricity Transmission Company Limited.
Advising Bharti Airtel Limited on the acquisition the African businesses of Zain (Mobile Telecommunications Company K.S.C) through an acquisition of Zain's indirect wholly-owned subsidiary Zain Africa B.V.