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Stephen Asiimwe Appointed new PSFU Executive Director

Stephen Asiimwe has been appointed the new executive director of Private Sector Foundation Uganda (PSFU).

by Muhamadi Byemboijana
November 26, 2021
Stephen Asiimwe Appointed new PSFU Executive Director

Stephen Asiimwe

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Stephen Asiimwe has been appointed the new executive director of Private Sector Foundation Uganda (PSFU). He replaces the late Gideon Badagawa, who passed away in June this year (2021).

Since Badagawa’s death, the deputy executive director, Francis Kisirinya, has been serving as the acting executive director.

“The Board of Directors of the Private Sector Foundation announces the appointment of Stephen Asiimwe as its new Executive Director, the appointment takes immediate effect,” PSFU Board Chairman Elly Karuhanga said in a statement on Friday afternoon.

Karuhanga added, “The board would like to particularly thank Mr Kisirinya for leading the transitional process. The board also appreciates management and staff for the great work of holding the ship.”

Before his appointment, Asiimwe has been the PFSU’s director of policy and business development.

PSFU noted that Asiimwe has experience spanning over 30 years in both government and private sector at management, leadership and business levels in Uganda and globally.

“We request you to give him complete cooperation so that he can deliver the best of his services for the benefits of the staff, Board, PSFU members, the private sector and Uganda as a whole,” Karuhanga said.

Asiimwe has previously served at the helm of the Uganda Tourism Board (UTB) – from 2014-2019, before joining UTB, he was the chief executive and Editor-in-Chief of the East African Business Week from 2004 to 2014.

He also worked at New Vision as a reporter, sub-editor and Business Editor from 1993-2004.

Asiimwe holds a Master’s Degree in Organizational Leadership and Management from the US-based Development Associates International (DAI) affiliated to Uganda Christian University (UCU).

He is also a graduate of Makerere University with a Bachelors in Social Sciences (Political Science and Sociology) but also holds several postgraduate diplomas and certificates in Education, Management, Marketing, Media and Communication.

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