asset management Uganda

Richard Byarugaba, former NSSF Uganda Managing Director and ex-Chairperson of the Uganda Securities Exchange, has been appointed Managing Director of Equity Asset Management, a new subsidiary under Equity Group Insurance Holdings Limited (EGIHL). The seasoned financial services executive returns to executive leadership to spearhead Equity Group’s expansion into asset and wealth management across East Africa.
Richard Byarugaba, former NSSF Uganda Managing Director and ex-Chairperson of the Uganda Securities Exchange, has been appointed Managing Director of Equity Asset Management, a new subsidiary under Equity Group Insurance Holdings Limited (EGIHL). The seasoned financial services executive returns to executive leadership to spearhead Equity Group’s expansion into asset and wealth management across East Africa.

EXCLUSIVE: Equity Group Insurance Appoints Former NSSF Uganda Managing Director Richard Byarugaba to Lead New Asset Management Subsidiary

Equity Group Insurance Holdings Limited (EGIHL) has appointed seasoned financial services executive Richard Patrick Byarugaba as the Managing Director – Asset Management, as the Group moves to establish and expand its footprint
May 14, 2026
A photo collage of UBC Managing Director, Mr. Agaba Winston David and Auditor General, Mr Edward Akol

UBC Records UGX 7.5bn Loss as Financial Pressures Deepen

Uganda Broadcasting Corporation (UBC) reported a loss after tax of UGX 7.5 billion in the 2024/25 financial year, a sharp deterioration from the UGX 1.432 billion loss recorded the previous year. According
February 8, 2026
Absa Bank Uganda Managing Director, David Wandera, speaking at the launch of the bank’s reintroduced Custody Services, a milestone move to strengthen Uganda’s capital markets and empower institutional investors.

Absa Bank Uganda Reintroduces Custody Services to Boost Capital Markets

Absa Bank Uganda has reintroduced its custody services in a move that underscores the bank’s commitment to deepening Uganda’s capital markets. The development provides institutional investors with secure, efficient, and compliant solutions
October 7, 2025

 

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