Nabbanja asks Amongi to reappoint Byarugaba as NSSF MD

KAMPALA: Economist Richard Byarugaba is to be given a five-year non-renewable performance contract as Managing Director for the National Social Security Fund (NSSF).

This is according to the letter, dated December 7 from the Prime Minister, Robinah Nabbanja, directing the Minister for Gender, Labour and Social Development Amongi Betty Ongom.

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

She also said that Mr. Byarugaba’s reappointment would help to close any managerial gaps which can put the workers’ funds at risk.

“The purpose of this letter is to guide that you proceed and Appoint Mr. Richard 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 new Strategy in light of the New NSSF Law as amended.”

Nabbanja further told Amongi that Byarugaba’s reappointment 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.”

Nabbanja directed Amongi to “conclude employment contracts for both the managing director and deputy managing director with clear performance objectives and targets as agreed in our meetings” to guide the board in performance monitoring.

“Please ensure that the Board of NSSF concludes Employment Contracts for both Managing Director and Deputy Managing Director with clear performance objectives and targets as agreed in our meetings. These objectives and targets should guide the Board and subsequently yourself in the performance monitoring and assessment of both the Managing Director and the Deputy Managing Director annually,” Premier Nabbanja added— bringing to an end months of wrangling between Amongi and NSSF’s top leadership.

“The Fund position itself to mobilizing retirement savings from citizens as envisaged in the amended NSSF Act. The Fund should further ensure that those funds are invested for the benefit of the members and the overall socio-economic transformation. In light of the allegations you submitted to us in the last meeting, I have referred the matter to the Auditor General for investigations,” the PM added.