February 22, 2017

Board of Directors

Patrick AyotaMr. Patrick Ayota, Board Chairperson
Mr. Ayota was appointed a director to represent the interests of the second largest shareholder of the Company, National Social Security Fund. He holds a Masters degree in Business Administration from the University of South Carolina, USA and Bachelor of Science from the Liberty University, Virginia. He is a Certified Public Accountant and a Diplomate in Forensic Accounting. He is currently the Deputy Managing Director at National Social Security Fund and previously worked at Barclays Bank Uganda as the Retail Risk Director and Director of Finance. He is a dynamic, competent and highly motivated professional offering 20 years of unique knowledge and experience in Auditing, Financial, Risk & Strategy Management in fast-paced international and local environments. He has a proven record of developing and managing corporate strategies, and in developing and implementing financial and operational controls.

Jim MugungaMr. Jim Mugunga, Deputy Board Chairperson
He is an accomplished Public Private Partnerships and Advocacy Expert with a wide range of experience of over 25 years in the communications field ranging from journalism, public relations, advocacy, public speaking, public private partnerships, preparation and implementation of communication strategies, managing departmental budgets, publications, the creation of strategic partnerships and implementation of knowledge building and management systems in the private and public sector as well as financial management. He possesses excellent verbal and written communication skills attained from practicing journalism and training at different levels. He has leadership skills that have been honed by working as the Head of Communications and Official Spokesperson of Uganda’s Ministry of Finance, Planning and Economic Development and the Privatisation Unit – opportunities that have strengthened his skills in leading a result oriented group. He has significant experience in journalism practice as well as media training within a team based culture involving planning, organisation, coordination and commitment.

kabushengaRobert Kabushenga, Managing Director/ Chief Executive Officer
Mr. Robert is a holder of a Bachelor of Laws degree from Makerere University and a Post Graduate Diploma in Legal Practice from the Law Development Centre, Kampala. He is an advocate of the High Court of Uganda and a member of the Uganda and East Africa Law Society. Robert joined The New Vision as CEO on January 1, 2007. He has previously served as the Executive Director of the Uganda Media Centre, Company Secretary and Legal Officer of New Vision Printing and Publishing Company as well as Legal and Administration Officer of the Monitor Publications Ltd.



tukacunguraCharles Tukacungurwa, Non-Executive Director

Mr. Charles holds a Bachelor of Science degree in botany and zoology from Makerere University and a Masters degree in agriculture plant breeding from the school of Agriculture of the University of Aberdeen Scotland (1979). He is a self employed consultant in agriculture and a general businessman in forex bureau, property and general merchandise business. He has formerly served in the public service for 30 years in different organizations like with the Government of Uganda, the former East African Community, the Agricultural Secretariat of Bank of Uganda and the Ministry of Finance. He is currently a non executive director on the board of NIC and a former director on the Board of Uganda Rayon Textiles with considerable experience in both private and public sectors of the Ugandan economy.


Robinah Kaitiritimba

Ms. Robinah Kaitiritimba Kitungi, Non-Executive Director
Ms. Kaitiritimba is a director representing the interests of individual shareholders of the Company. She is the Executive Director of Uganda National Health Consumers’ Organization (UNHCO), a seasoned expert on Health with over 18 years’ experience, an authority on the Rights-Based Approach (RBA) and Social Accountability. She currently provides consultancy support to local and international NGOs adapting social accountability approaches. She has worked in partnership with international bodies such as World Health Organization, DFID, World Bank Institute and the European Union. She developed a module for social accountability published by World Bank Institute currently being used globally as a resource material. Other positions held include the National Health Policy Advisory Committee, Institutional Review Board (IRB) of Makerere University School of Public Health and Uganda National Council for Science and Technology.


Micheal Nyago

Mr. Michael Nyago, Non-Executive Director

Mr. Michael Nyago obtained a Bachelor of Economics from Makerere University and Masters in Development Economics, William College, Massachusetts from U.S.A. He is a Fellow of the Association of Chartered & Certified Accountants (UK), member of the Institute of Certified Accountants of Uganda and Internal Auditors & Certified Internal Auditor. He is also a member of the Association of Fraud Examiners (ACFE-USA) and Certified Governance IT (CGIT). He has extensive experience in auditing, risk management and governance spanning over 20 years having worked in the following organizations Bank of Uganda as a Senior Examiner of Banks for 9 years, DFCU Bank as the Chief Internal Auditor for 10 years and currently, Centenary Bank as the General Manager Audit for 7 years now.

Mr. Michael has served on the following boards; Makerere University, Kyambogo University, Uganda National Examination Board and Institute of Internal Auditors. He is a seasoned trainer for board audit committees and internal audit professionals.

Micheal Nyago

Mr. Aéko Ongodia, Non-Executive Director

Mr. Aéko Ongodia is the Founder and Chief Executive Officer of XENO Investment Management, a licensed Fund Manager that uses technology to help Ugandans plan, save and invest for their financial goals. Previously, he spent 4 years as a Portfolio Manager at NSSF Uganda where he was responsible for constructing and executing the investment strategy of a portfolio of U$1.3 billion in assets under management across the East African region. He also spent 5 years at the Bank of Uganda in several roles that concluded with heading the stress testing and risk modelling. Mr. Ongodia holds a Master of Science in Applied Mathematics and Statistics from Stony Brook University, New York, USA, Master of Science in Mathematical Trading and Finance from Cass Business School, London, England, and Bachelor of Science in Quantitative Economics from Makerere University, Kampala, Uganda. He is a Chartered Financial Analyst.


Susan Lubegaa

Mrs. Susan Lubega, Non-Executive Director

Mrs. Susan Lubega obtained a Bachelor of Chemistry from Makerere University and a Masters (Distinction) in Environmental Pollution Control from the University of Leeds, UK. She has over 15 years’ experience as a consultant working with medium to large enterprises, government institutions by helping them implement management systems compliant to international standards. She is licensed by National Environment Management Authority to carry out environmental impact assessments and environmental audits. She has worked in different industries including aviation, petroleum, manufacturing, telecommunications, pharmaceutical distribution, engineering and government.

Ms. Susan has published numerous articles on quality management and environment management. She is the chairperson of the management systems standards technical committee (TC 10) charged with recommending to the National Standards Council the standards to be adopted by the country. She is currently serving on the Board of World Vision and was a non-board member for the Audit Committee of New Vision Printing & Publication Co. Ltd.

mwaseMr. Moses Mwase, Non-Executive Director

Mr. Mwase was appointed on the Board to represent the interests of the majority shareholder of the Company, Minister of State for Finance (Privatization). He holds a Masters’ Degrees in International Sports Law, and, Science, Finance & Financial Law. He is an Advocate of the High Court and all subordinate courts thereto. He has over 15 years’ experience in legal, administration and corporate governance skills and is currently the Director, Privatisation Unit, Ministry of Finance, Planning and Economic Development. He has previously held the following positions: Head Legal Services, Privatisation Unit, Ministry of Finance, Planning & Economic Development, Legal Counsel with the Civil Aviation Authority-Uganda and was an Associate with Ms. Nangwala, Rezida & Company Advocates. He currently serves on the following Boards; Kampala Music School Ltd, Uganda Railways Corporation, Uganda Swimming Federation, Watoto Ministries Provident Fund, Watoto Church Council and the Uganda Olympic Committee.

mwaseMs. Sarah Irene Walusimbi – Non-Executive Director

Ms. Sarah Irene Walusimbi holds a Bachelor of Laws from Makerere University and a Master in Business Administration from Eastern and Southern Africa Management Institute. She is an Advocate of the High Court of Uganda and all subordinate courts thereto. She has extensive experience in corporate governance having served on the Boards Capital Markets Authority, aBi Finance and aBi Development, National Social Security Fund, Housing Finance Bank, African Alliance Ltd, SOS Children’s Village and NIC across the last 22 years.

Mr. Peter Kawumi, Non-Executive Director

Mr. Kawumi’s career spans over a dozen years with roles in technology, business analysis and retail banking, including leading the Digital Finance departments in regional and local banks. He has extensive experience in developing and commercializing products, new customer acquisition, digital channel utilization and scaling plans in consumer services. In his current role as the Country General Manager at Interswitch East Africa (U) Ltd, he is championing the use of technology to deliver responsive and responsible financial services to varied market segments including youth, women, refugees and small businesses. He is a Microsoft Certified Systems Engineer (MCSE), holds a BSc (Hons) in Software Engineering from Kingston University and a Master of Business Administration (with Distinction) from the Edinburgh Business School. He also serves on the Boards of The Leadership Team as a Non-Executive Director and the Fintech Association of Uganda as the Chairman.