Kampala, Uganda | THE INDEPENDENT | The Minister of Finance, Planning and Economic Development Matia Kasaija has appointed a new Board of Directors for the National Social Security Fund (NSSF) for the next three years effective September 01, 2021.
The new NSSF board is headed by Dr. Peter Kimbowa, a corporate governance and management expert.
Dr Kimbowa, who is also the Team Leader at the CEO Summit Uganda – a private sector Think Tank, Managing Partner at IFE Consultants Limited and an award-winning Business Leader, replaces Patrick Byabakama Kaberenge, whose term expired on August 31, 2021, after serving for the last six years.
The Minister also appointed to the Board four representatives of the trade unions, two representatives of employers through the Federation of Uganda Employers (FUE).
He re-appointed Aggrey David Kibenge representing the Ministry of Gender, Labour and Social Development, and Patrick Ocailap, representing the Ministry of Finance, Planning and Economic Development.
The Minister also appointed Dr Eng Silver Mugisha and Mr Fred K Bamwesigye representing Employers through the Federation of Uganda Employers (FUE).
Other appointees are, Sam Lyomoki and Penninah Tukamwesiga representing workers under the Confederation of Free Trade Unions (COFTU); Julius Bahemuka and Hassan Lwabayi Mudiba, also representing workers under the National Organisation of Trade Unions (NOTU).
The NSSF Managing Director Richard Byarugaba will continue serving as the only executive member of the 12th Board.
Speaking for the first time about his appointment, Kimbowa said that he views the appointment as a challenge given the stability the Fund has enjoyed over the last decade.
“It is a big challenge at a personal and professional level, because the Fund has been very successful beyond expectations over the last eight years,” he said.