The Chairman, Dr. Peter Kimbowa, is an Independent Non-Executive Director and was appointed on 1 September 2021.
The Chairman’s role includes:
The responsibility of the Directors is to exercise their independent judgement in the best interest of the Fund and its members, by:
The Non-Executive Directors meet separately as and when is required. During the year of review, they met on 13 May 2022 to discuss the performance of senior management and relevant succession planning.
The MD is the Chief Executive Officer of the Fund and is subject to the NSSF Act and to the general control of the Board on matters of policy, responsibility for running the day-to-day business of the Fund, general management, administration, and organisation of the Fund. He also ensures the strategies and policies set by the Board are implemented. The MD, Richard Byarugaba, is the only Executive Director (ex officio member) on the Board and has been a Board Member since August 2010.
The Corporation Secretary, Ms. Agnes Tibayeita Isharaza was appointed by the Minister of Finance, Planning and Economic Development in line with Section 41 of the NSSF Act and has been in the role since 1 April 2019.
In addition to any other functions conferred upon her by the Minister and the Board, the Corporation Secretary has the custody of the seal of the Fund and is responsible for:
As of 1 July 2022, the title of the Corporation Secretary will change to Chief Legal Officer/Corporation Secretary, however, current responsibilities and accountabilities remain the same.