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Q&A: Increasing Uganda’s willingness and ability to save⏤ NSSF’s Ayota explains the building blocks of his game-changing UGX50 trillion; Vision 2035 If “cast in the deep end of the pool” was a person, then probably, that person would have been Patrick Ayota. He was re-appointed as the Deputy Managing Director of the Fund and subsequently its caretaker Managing Director in December 2022 at the start of what would be quite some long months when the Fund came under intense scrutiny by its stakeholders. By the time he was appointed the substantive Managing Director in August 2023, it had been a long and hard 8 months for Ayota. Regardless Ayota, who has been an integral part of the turnaround of the Fund over the last decade, held steady, emerging victorious. Members too won a handsome 10% interest rate, regardless of strong headwinds. Now that the storm is over, it is time to get down to business and deliver on the big UGX50 trillion Vision 2035. In this interview, with CEO East Africa Magazine’s Muhereza Kyamutetera, Ayota gives context to the FY2022/23 performance and the vital building blocks of Vision to 2035.

by Muhereza Kyamutetera
October 12, 2023October 17, 2023
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Patrick Ayota, NSSF Managing Director

The just-announced FY2022/23 was quite surprising for many a stakeholder. Given what happened in the financial markets, here and globally but more importantly, the ‘negative noise’ that dominated much of…

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Tagged: National Social Security Fund (NSSF) NSSF FY2022/23 Performance NSSF Uganda NSSF Vision 2035 Patrick Ayota
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About the Author

Muhereza Kyamutetera

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.

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