NSSF new Deputy Managing Director, Gerald Paul Kasaato

The Minister of Gender, Labour and Social Development, Betty Amongi has appointed Mr. Gerald Paul Kasaato as the  substantive Deputy Managing Director of the National Social Security Fund (NSSF), Uganda. 

His appointment follows a recommendation from the NSSF Board of Directors after a rigorous recruitment process, according to a statement signed off by Dr. Peter Kimbowa, Chairman of NSSF Board of Directors.

Mr Kasaato has been the Acting Deputy Managing Director since August 2023, and Chief Investments Officer since April 2014. He joined the Fund in July 2011 as Portfolio Manager, Equities. 

He previously worked as Finance and Investments Manager for National Housing and Construction Company , and also served as Manager Investment and Treasury for National Insurance Corporation as well as fulfilling similar roles in various entities in the UK. 

Mr Kasaato is a CFA Charter holder, a Chartered Accountant of the UK, a Master of Science Degree in International Finance and Investments from the London Southbank University in the UK. He holds a Bachelor of Science Degree in Accounting from Oxford Brookes University in the UK, and a Bachelor of Laws Degree (LLB) from Nottingham Trent University in the UK. 

He has undertaken executive trainings at University of Pennsylvania (USA) and the London Business School in the UK.

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About the Author

Paul Murungi is a Ugandan Business Journalist with extensive financial journalism training from institutions in South Africa, London (UK), Ghana, Tanzania, and Uganda. His coverage focuses on groundbreaking stories across the East African region with a focus on ICT, Energy, Oil and Gas, Mining, Companies, Capital and Financial markets, and the General Economy.

His body of work has contributed to policy change in private and public companies.

Paul has so far won five continental awards at the Sanlam Group Awards for Excellence in Financial Journalism in Johannesburg, South Africa, and several Uganda national journalism awards for his articles on business and technology at the ACME Awards.

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