Humphrey Nzeyi, Sarah Kagingo elected Chair and Vice-Chair PSFU Board
pmldaily.com, November 25, 2022 | KAMPALA— Mr. Humphrey Nzeyi is the new Chairman of the Private Sector Foundation Uganda (PSFU).
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| File Photo/Courtesy: Ms. Sarah Kagingo (L) is the PSFU deputy board chairperson while Humphrey Nzeyi (R) is the new board chairperson for PSFU. |
He was voted in as the fifth Chairman on Thursday, November 24, 2022 at PSFU’s 26th Annual General Meeting (AGM) at UMA Multipurpose Hall at Lugogo, in Kampala. He replaces Elly Karuhanga who has been chairman since 2019. Also voted in was Ms. Sarah Kagingo elected Vice Chairperson replacing Hon. Victoria Ssekitoleko.
The AGM was attended by over 500 hundred delegates. Nzeyi joins past chairpersons at PSFU boards Mr. Patrick Bitature, Gerald Sendawula, and the late. James Mulwana. The 47-year –old new Chairman, Mr. Nzeyi, has more than 20 years of experience running some of Uganda and East Africa’s leading businesses. He is currently the Managing Director of Invicta Africa Limited, a company he founded in 2015. He also invests in Hospitality Tourism, Beverages, Confectioneries, and ICT.
Other elected members are Mr. Badru Ntege – (ICT), Mr. Issa Ssekitto (Trade and Commerce) Mr. Latimer Mukasa – Member (Financial & Insurance Services, Ms. Angela Bageine – Member (SMEs) Mr. Japheth Katto – Member (Corporates) Kenneth Ayebare – Member (Transport & Logistics) Peter Kimbowa (HR, Skills and Education) Civy Tumusiime – Member (Tourism & Hospitality) Daniel Kazibwe – Member (Culture & Creative Arts sector) etc.,
Outgoing members are Mr. Charles Kareba (Logistics and transport), Ms. Adyeri Omara SMEs and Skills, Mr. Rajesh Chaplot (corporates), Mr. Gordon Ssentiba (Financial Services), Eng. Kenneth Kaijuka (Real Estate and Construction).
Nzeyi, who was unanimously voted onto the board by the Manufacturing sector embarks on his leadership journey at the helm of the Private Sector Foundation
Kagingo the vice Chairperson was voted unopposed by the professional services sector replacing Hon Victoria Sekitoleko.
Karuhanga, the outgoing chairman board, PSFU, has applauded his team for their support and effort in stimulating economic recovery for businesses from the hard-hitting impact of the pandemic
Mr. Asiimwe Stephen, the Chief Executive Officer, PSFU, applauded the outgoing board for their steadfast leadership and unwavering commitment to creating an enabling and sustaining business environment amidst the adverse effects of the Covid-19 pandemic and the Russian war in Ukraine.
“Despite the economic hardships posed by the Covid-19 pandemic, PSFU membership grew by 15%, from 270 the previous year to 311 members throughout the year. We welcome the new members, and commit to fulfilling your expectations as aligned with PSFU’s mandate,” he said.
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