Gerald Kasaato Explained

Gerald Paul Kasaato
Birth Place:Uganda
Education:Oxford Brookes University
(Bachelor of Science in Accounting)
Nottingham Trent University
(Bachelor of Laws)
London South Bank University
(Master of Science in International Finance)
University of Exeter
(Master of Business Administration)
Years Active:2000s — present
Nationality:Ugandan
Citizenship:Uganda
Known For:Business Administration
Deputy Managing Director
National Social Security Fund

Gerald Paul Kasato is a Ugandan accountant, lawyer, and business executive. He is the deputy managing director and deputy chief executive officer of NSSF Uganda, since 21 June 2024. He worked in the same position in acting capacity from August 2023 until June 2024. Before that, he was the chief investment officer (CIO) at the same institution between 2014 and August 2023.[1] [2]

Background and education

He is a Ugandan national. His degree of Bachelor of Science in accounting was awarded by the Oxford Brookes University in the United Kingdom. He also holds a Bachelor of Laws degree from Nottingham Trent University. His degree of Master of Science in international finance, was awarded by the London South Bank University. His Master of Business Administration was obtained from the University of Exeter. He also attended advanced leadership and management courses from the Harvard Business School and from the Wharton School, both in the United States,[1] [2] and from the London Business School in the United Kingdom.[3]

Kasaato is a Chartered Financial Analyst (CFA), a Fellow of the Chartered Management Institute of the United Kingdom, a Chartered Certified Accountant of the UK and a Certified Public Accountant (CPA) of Uganda.[1] [2]

Work history

He worked in various entities in the United Kingdom before relocating to Uganda in the mid 2000s. He worked with National Housing and Construction Company, as Finance and Investment Manager and with National Insurance Company Limited, as Manager Investment and Treasury.[1] [2] [4]

He joined NSSF Uganda in 2011 as Portfolio Manager, Equities. In 2014 he was promoted to Chief Investment Officer. In August 2023, he was appointed as Acting Deputy Managing Director to replace Patrick Ayota who was elevated to managing director/ceo at the company. After ten months in acting capacity the Uganda NSSF board recommended that Kasaato be appointed as the substantive Deputy CEO.[1] [2]

With Kasaato as chief investment officer at NSSF Uganda, the retirement benefits fund grew in value and had assets worth USh18.4 trillion (US$4.99 billion) in 2023, with plans to grow to USh50 trillion (US$13.56 billion) by 2035.[5]

Other considerations

He sits on the board of directors of Yield Fund Uganda, a €20 million private equity fund that focuses on agriculture. He is a director on the board at Kampala Serena Hotel.[4]

See also

External links

Notes and References

  1. Web site: Gerald Paul Kasaato Appointed NSSF Deputy Managing Director . 21 June 2024 . Muhamadi Byemboijana . 23 June 2024 . Kampala, Uganda.
  2. Web site: Gerald Kasaato Is New NSSF Deputy Managing Director . 22 June 2024 . Nilepost Uganda . Samuel Muhimba . 23 June 2024 . Kampala, Uganda.
  3. Web site: Gerald Kasaato Is The New NSSF Deputy MD . 23 June 2024 . Uganda Bulletin . Michael Kironde . 23 June 2024 . Kampala, Uganda.
  4. Web site: CFA New York: Speaker-Organizer, Gerald Paul Kasaato . CFA Society New York (CFANY) . 2021 . CFANY . 23 June 2024 . New York City.
  5. Web site: 4 September 2023 . CEO Magazine Uganda . Who Is Gerald Kasaato, NSSF's New Deputy Managing Director? . Muhereza Kyamutetera . 23 June 2024 . Kampala, Uganda.