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Home Featured

Nabbanja Directs Amongi to Re-appoint Richard Byarugaba as NSSF Managing Director

by Rogers Atukunda
December 14, 2022
NSSF Declares 9.65% Interest Rate for Financial Year 2021/22

Richard Byarugaba

10
VIEWS

Prime Minister Robinah Nabbanja has, on behalf of President Museveni, ordered the re-appointment of Richard Byarugaba as the Managing Director of the National Social Security Fund (NSSF).

In a December 7 letter to the Minister of Gender, Labour and Social Development, Betty Amongi, the premier said she appreciated the fact that Amongi had already appointed Patrick Ayota as Deputy Managing Director.

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She directed that Byarugaba be re-appointed for another five years as per the recommendations by the Board of Directors of the NSSF during a State House meeting in Entebbe chaired by the president on December 6.

“As you are equally aware; H.E. The President delegated me to conclusively handle this matter and provide an update. I am happy to note that comprehensive consultations with key stakeholders on the matter have taken place. You and I have been pivotal,” wrote Nabbanja.

She added: “In my assessment, a consensus has emerged that we should agree with the Board Recommendations to give a five-year non-renewable performance contract to Mr Richard Byarugaba and Mr Patrick Ayota as Managing Director and Deputy Managing Director respectively.”

Byarugaba’s contract expired on November 1, 2022. He has held the position since 2010.

Nabbanja explained that the purpose of the letter was to guide Amongi to proceed and appoint Byarugaba as the Managing Director of NSSF as recommended by the Board to avoid any managerial gaps which can put the workers’ funds at risk.

“This will ensure that the fully constituted Management Team can embark on implementing the Fund’s new Strategy in light of the New NSSF Law as amended,” she noted.

Full letter: 

ga

Tags: AmongiNabbanjaNSSFPatrick AyotaRichard ByarugabaSoftPowerSoftPower NewsTop Uganda News

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