The Minister of Gender, Labour, and Social Development Betty Amongi has appointed a new Board of Directors for the National Social Security Fund (NSSF) for a 3-year term effective September 01, 2024.
Dr. David Ogong has been appointed the new Chairperson, replacing Dr Peter Kimbowa whose 3- year tenure elapsed on September 01, 2024.
The Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi also joins the Board,
replacing Patrick Ocailap while Richard Bigirwa also joins as a workers’ representative under the National Organisation of Trade Unions (NOTU), replaci
The Minister also reappointed Aggrey David Kibenge representing the Ministry of Gender, Labour and Social Development.
Dr. Eng Silver Mugisha and Annet Mulindwa Nakawunde have also been re-appointed and willrepresent employers under the Federation of Uganda Employers (FUE).
Other appointees are Dr. Sam Lyomoki and Penninah Tukamwesiga representing workers under the Confederation of Free Trade Unions (COFTU), and Annet Birungi, also representing workers under the National Organisation of Trade Unions (NOTU).
Patrick Ayota, the NSSF Managing Director will continue to serve as an executive member of the Board.
Addressing the new Board at an inauguration ceremony, the Minister of Gender, Labour, and Social Development challenged them to adhere to corporate governance principles and ensure the growth and profitability of the Fund.
“I would like you to pay attention to Section 4 (4) of the NSSF Act, which says that “the Board shall ensure that there is secure, profitable and effective financial management of the Fund for the benefit of the workers and the country at large. It is now your responsibility to keep the tradition of excellence that the Fund has enjoyed over the years,” she said.
Speaking about his appointment, Dr. Ogong pledged to ensure that the track record of exemplary performance of the Fund over the years is maintained.
“It is a privilege I take seriously. NSSF holds members’ savings in trust and indeed it is a major obligation to ensure that this trust is kept and maintained. I believe we do that by providing the necessary oversight that ensures that the Fund keeps members’ funds safe even as it grows,” he said.
Dr.Ogong added that he will lead with teamwork to ensure that the Fund meets the challenges ahead but also takes advantage of the immense opportunities.
“I have had an opportunity to familiarize myself with Vision 2035. Working together the Board and management of the fund, I commit to ensuring that the long-term strategies of the Fund are achieved,” he added.
NSSF Managing Director Patrick Ayota welcomed the new appointments and re-appointment of the board members.
“The newly appointed members will bring immense experience, while the re-appointed members of the board ensure that there is continuity and a smooth transition from the 12th to the 13th Board,” Ayota said.
