The Minister of Finance, Planning, and Economic Development, Hon. Matia Kasaija, has appointed a new board of directors for National Social Security Fund [NSSF].
Speaking at the event, Kasaija congratulated the outgoing Board for a remarkable three years since September 2015.
”I have re-appointed Mr. Patrick Byabakama Kaberenge, a seasoned banker and retired auditor who has previously served in a number of leadership positions to chair the new Board,” Kasaija said.
He added: “He is reappointed as a Chairman because he has demonstrated commendable leadership abilities, by providing a conducive governance framework, which has enabled the Fund to grow in all aspects, during the last board tenure.”
Minister Kasaija explained why NOTU is not represented on the newly inaugurated Board of Directors.
He said the process to select a representative from the National Organisation of Trade Unions (NOTU) is still on-going.
“I have tasked NOTU to re-submit other nominees for consideration because their initial nominees did not make it through the vetting process.”
NSSF Managing Director, Richard Byarugaba, said: “With support from our new board, we are confident that we will indeed deliver on our long-term strategic objectives that include growth, operational excellence and customer focus. I would like to congratulate the entire board on their new appointment.”
The NSSF Board of Directors is the governing body of the Fund headed by the chairman.
It consists of eight to ten directors, each of whom are appointed by the Minister of Finance ,Planning and Economic Development for a three year renewable term.
The board’s composition is outlined by law and composed of 8 to 10 representatives representing government, 2 employers, 2 workers unions and an independent party (Chairman)
The NSSF board of director comprises of;
- Mr. Patrick Byabakama Kaberenge- Chairman. A seasoned banker and retired auditor who has previously served in a number of leadership positions.
- Mr. Richard Byarugaba – The Fund’s Managing Director
- Mr. Pius Bigirimana – The Permanent Secretary, Ministry of Gender, Labour and Social Development, representing Government.
- Mr. Patrick Ocailap – The Deputy Permanent Secretary, Ministry of Finance, Planning and Economic Development, also representing Government.
- Ms. Florence Namatta Mawejje –General Manager Human Resource of Centenary Bank, representing Employers from the Federation of Uganda Employers
- Ms. Peninnah Tukamwesiga – A lawyer and member of Central Organization of Free Trade Unions (COFTU), representing Workers
- Mr. Bamwesigye Fred – The Deputy Managing Director of Civil Aviation Authority also representing Employers under the Federation of Uganda Employers
- Dr. Isaac Magoola – The Head of Department Business Administration at Makerere University Business School, also a member of Central Organization of Free Trade Unions (COFTU), representing Workers.