Patrick Ayota appointed NSSF MD on five-year term
National Social Security Fund (NSSF)
Stay updated with breaking news from Patrickm Ayota. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
National Social Security Fund (NSSF)
Ayota now takes full charge of the Shs17trillion Fund reeling from crippling internal conflicts
Chances by Richard Byarugaba to be reappointed National Social Security Fund boss have been dealt a huge blow after his former deputy, Patrick Ayota was today, 18th August, 2023 appointed as the substantive Managing Director. Ayota has been the fund’s acting MD following the expiry of Byarugaba’s contract early this year. Byarugaba recently dragged to court
NSSF says that because of the need to meet demands under mid-term access, it has had to cut its investment in long-term government debt to create more liquidity