The National Social Security Fund (NSSF) has appointed Kenneth Owera as its substantive Chief Investment Officer (CIO).
He will steward the Fund’s UGX28 trillion investment portfolio with the target of expanding it further to at least UGX50 trillion by 2030.
Owera’s appointment follows a rigorous recruitment process conducted by external consultants and subsequently reviewed and approved by the NSSF board, underscoring the Fund’s commitment to strong governance and leadership continuity.
Having joined NSSF in 2016 as a portfolio manager, Owera has risen steadily through the ranks, building a reputation as a disciplined and forward-looking investment professional.
Over the years, he has played a pivotal role in shaping and strengthening the Fund’s long-term investment strategy, with particular focus on infrastructure development, real estate, private equity–style investments, and regional opportunities across East Africa.
In his tenure at the Fund, Owera has been central to reinforcing robust governance and due diligence frameworks, ensuring disciplined capital allocation while safeguarding members’ savings.
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He has also supported the development of innovative investment solutions aimed at enhancing voluntary retirement savings and delivering sustainable long-term value for NSSF members.
Owera brings extensive experience across the investment value chain.
Before joining NSSF, he worked as an analyst at Stanlib Investments East Africa and later served as a corporate trader at SBG Securities, a subsidiary of the Standard Bank Group, where he gained hands-on exposure to capital markets and institutional investment management.
A Chartered Financial Analyst, Owera holds a Master of Business Administration from Warwick Business School.
His appointment signals continuity and renewed momentum as NSSF continues to deepen its role in national development, while securing the financial future of its members.
