Board Chairman

DAVID G. OPIOKELLO

Chairman of the Board

Non – Executive Directors

Patrick M. Ayota

Non – Executive Director

Sarah Irene Walusimbi

Non – Executive Director

Geraldine Ssali

Non – Executive Director

Frank Katusiime

Non – Executive Director

Josephine Nakkomo Mukumbya

Non – Executive Director

Paul Omara

Non – Executive Director

Jim V. Mugunga

Non – Executive Director

Jean Mutabazi Kasirye

Non – Executive Director

Executive Directors

Michael K Mugabi

Managing Director

Ms. Peace Ayebazibwe Kabunga

Executive Director

Company Secretary

Anne Abeja

Company Secretary

Senior Management Team

Dorothy Kiyaga

Head of Internal Audit

Medad Mwesigwa

Chief Finance Officer

Angubua Peter

Head of IT

Elizabeth Kabugo

Ag. Head Mortgages and Personal Banking

Robert Nyehangane

Head of Treasury

Muyinda Judith

Head of Marketing and Product Development

Paul Nuwagaba

Head Credit

Hope Ekudu

Head of Business and Institutional Banking

Marietta N. Mwesigwa

Head Risk Management

Suleiman Sserwadda

Ag. Head Operations and Business Technology

Wycliffe Natweeta

Head Distribution Channels and Customer Experience

Peace Ayebazibwe Kabunga – Executive Director

Peace Ayebazibwe Kabunga is the Executive Director at Housing Finance Bank. She has a professional experience of 15 years, spanning an extensive career path in sales and relationship management, credit and Finance. She holds a Master’s Degree in Financial Management from Amity University, India, a Bachelor of Statistics (MUK) and ACCA.

Previously, Peace has held positions as the Head-Mortgages and Personal Banking at Housing Finance Bank, Head Mortgages at Barclays Bank and Head-Workplace Banking at Stanbic Bank.

David G. Opiokello – Chairman of the Board

Mr. Opiokello has been the Chairman of the Board of Directors at Housing Finance Bank since November 2016. He has served on the Board of the Bank for 7 years and 10 months as a Non-Executive Director. He previously held the position of Ag. Deputy Governor, Bank of Uganda, where he worked for 28 years prior to his retirement. He has vast knowledge of the Banking industry and is a professionally Certified Accountant. He is a founding member of the Institute of Certified Public Accountants of Uganda (ICPAU) and a member of the Association of Certified Chartered Accountants (ACCA) of the United Kingdom. He also serves as a Director on Boards of other Organisations.

Patrick M Ayota – Non-Executive Director

Mr. Ayota has served on the Board of the Bank for 4 years and 11 months as a Non-Executive Director. Currently, he is the Deputy Managing Director at National Social Security Fund and has previously held the position of Chief Finance Officer at the same organisation. He has over 23 years’ experience in Accounting and Finance. Ayota is a Certified Public Accountant and holds a Masters in Business Administration from the University of South Carolina, United States of America.

Ms. Sarah Irene Walusimbi – Non – Executive Director

Ms. Walusimbi has served on the Board of the Bank for 4 years and 11 months as a Non-Executive Director. She is a Corporate Lawyer with over 30 years of experience in both the public and private sectors, as a Company Secretary and Head of Legal Services. Sarah also serves as a Director on various Boards in a number of organisations. She is a certified trustee in pension fund management.

Walusimbi holds a Masters’ Degree in Business Administration from the Eastern and Southern African Management Institute Arusha, a Bachelor of Laws Honours Degree from Makerere University Kampala and is a qualified Advocate of the High Court of Uganda and other Courts of Judicature.

Ms. Geraldine Ssali – Non – Executive Director

Ms. Ssali has served on the Board of the Bank for 4 years and 11 months as a Non-Executive Director. Until November 2017, she held the position of Deputy Managing Director at National Social Security Fund. She has over 19 years’ experience in Management and Finance. She served as the Head of the Directorate Management Unit in Her Majesty’s Treasury, Ministry of Finance, United Kingdom.

She is a Fellow of both the Chartered Institute of Management Accountants and Chartered Global Management Accountants. She holds a Masters Degree in Business Administration and Finance Professionals from the University of Manchester, United Kingdom.

Mr. Frank Katusiime – Non – Executive Director

Mr. Katusiime is the Deputy Chairman of the Board. He has served on the Board of the Bank for 4 years and 1 month as a Non-Executive Director. He is the Chief Executive Officer of Business Initiatives International, a firm that provides business consulting services and real estate solutions. He has been consulted by Government Ministries, Departments and Agencies, NGOs and the private sector. He also sits on the Governing Boards of 3 Education Institutions and is involved in the operations of 2 non-bank financial institutions. Frank is an author of 2 books “Money Mistakes to Avoid” and “Deadly Business Mistakes”. He won the excellence award as the author of the best book of the year 2017 at the Annual Native Authors, Publishers and Booksellers’ forum in Kampala in December 2017. His current consultancy projects are mainly in the areas of financial freedom, career transition management and pre-retirement preparations.

Ms. Josephine Nakkomo Mukumbya – Non – Executive Director

Ms. Mukumbya has served on the Board of the Bank for 1 year and 9 months as a Non-Executive Director. She is the Chief Operating Officer at ABI Finance Limited. She has over 23 years’ experience in the banking industry where she has held several management positions. She has attended training in Corporate Governance, Leadership, Risk Management, Agribusiness and has attained 154 hours of ICF Approved Coach Specific Training as part of International Coach Federation Certification. Mukumbya holds a Masters Degree in Banking and Finance from the Giordano Dell’ Amore Fondazione, Italy and a Bachelor of Commerce degree from Makerere University, Uganda.

Mr. Paul Omara – Non – Executive Director

Mr. Omara joined the Board in May 2017. He is the Chief Executive Officer at Ngetta Tropical Holdings. He possesses over 21 years working experience in banking and has held several leadership positions that include; Acting Chief Executive Officer at Stanbic Bank Tanzania; Director Personal and Business Banking-Standard Bank Malawi, Head of Sales-Stanbic Africa at Standard Bank South Africa, Head of Distribution and Country Sales Manager-Stanbic Bank Uganda and Head Corporate and Marketing-Bank of Baroda.

Mr. Omara holds a Masters of Business Administration from Cardiff University-Wales U.K and a Bachelor of Social Sciences (Economics and Social Administration) (Hons) Degree from Makerere University, Uganda. He has also attended a number of Leadership programmes organised by Standard Bank and the Gordon Institute of Business Science, University of Pretoria.

Mr. Jim V. Mugunga – Non – Executive Director

Mr. Mugunga joined the Board in September 2017. He is the Head of Communications and the Official Spokesman at the Ministry of Finance, Planning and Economic Development in the Privatization Unit. He is a Certified Public Private Partnership and Advocacy Specialist with a wide International PPP network. He has a remarkable footprint in business and investigative journalism with over 25 years experience in the broader communications field ranging from media and public relations, advocacy, public speaking, strategy preparation and implementation. He also has experience in public and investor relations, divestitures and growing private participation in business.

Mr. Mugunga is a member of Board of Directors at National Housing and Construction Company Limited, the New Vision Printing and Publishing Company Limited and the International School of Uganda (ISU). An ardent advocate for good governance and sports, he serves in various roles with the Institute of the Corporate Governance of Uganda and the Uganda Sports Press Association. He holds a Masters Degree in Communication Studies from the University of Leeds (UK) and has qualifications in Journalism, Teaching and Mentorship, Public Relations, Corporate Governance and Public Private Partnerships.

Mr. Michael K Mugabi – Managing Director

Mr. Mugabi is the Managing Director at Housing Finance Bank and has served on the Board for over 4 years. He possesses over 20 years’ experience as a Legal practitioner and has served at various capacities in the Bank which include, Executive Director, Company Secretary, Head Legal Services and Head Human Resources. He is a Fellow of the Chartered Institute of Chartered Secretaries and Administrators, United Kingdom and also serves as a Council Member at the Institute of Corporate Governance of Uganda. He has a Master of Laws Degree in Commercial and Corporate Law from the University of London,United Kingdom, a Bachelor of Laws Honours Degree from Makerere University Kampala,among other professional qualifications. He is also a qualified Advocate of the High Court of Uganda and other Courts of Judicature.

Ms. Anne Abeja – Company Secretary

Anne is an Advocate of the High Court of Uganda and other Courts of Judicature. She is a Member of the Institute of Chartered Secretaries and Administrators, the Chartered Institute of Arbitrators and a member of several professional bodies. She holds a MBA from the Eastern and Southern African Management Institute, a LLB (Hons) Degree from Makerere University and a post graduate Diploma in Legal Practice from the Law Development Centre, Kampala.

Mrs. Dorothy Kiyaga – Head of Internal Audit

Dorothy is a Certified Public Accountant of Kenya and Uganda. She holds a Masters in Accounting & Finance from Makerere University and a Bachelor’s degree in Commerce (Accounting) from Makerere University.

Mr. Medad Mwesigwa – Chief Finance Officer

Medad is a holder of a Masters in Arts (Economic Policy & Planning) from Makerere University, He is also a member of the Association of Chartered Certified Accountants, a Certified Public Accountant of Uganda and holds a Bachelor in Commerce (Accounting) degree from Makerere University.

Mr. Angubua Peter – Head of IT

Peter holds a Bachelor of Science (Mathematics) and a MSc. from Makerere University, a Post Graduate Diploma in Management from Uganda Management Institute, PRINCE2 certificate from APM UK.

Marietta N. Mwesigwa – Head Risk Management

Marietta is a Certified Risk & Compliance Management Professional (USA) as well as a Certified Continuity Manager (USA). She brings more than 10 years of proven banking experience, knowledge and risk management expertise. She is responsible for development, review and managing execution of the Bank’s Enterprise Risk Management framework. She holds a Bachelor’s degree in Commerce from Makerere University, Kampala. She is also a member of the International Association of Risk and Compliance Professionals.

Mr. Robert Nyehangane – Head of Treasury

Robert holds a Bachelor’s Degree in Economics from Makerere University. He has attained an ACI dealing Certificate, a programme that covers the entire Treasury function.

Mr. Paul Nuwagaba – Head Credit

Paul is an Economics and Financial Management graduate of Makerere University and the Uganda Management Institute.

Mrs. Muyinda Judith – Head of Marketing and Product Development

Judith is a senior member of the International Public Relations Association (IPRA), a pioneer governing council member of East African Public Relations Association (EAPRA) and a governing council finance committee member of the Public Relations Association of Uganda (PRAU). She holds an MBA in Marketing (Merit), Bachelors in Mass Communications, a Post Graduate Diploma in Computer Science, all from Makerere University. She has also trained extensively in Strategy and Management in Banking (Dublin/London), Marketing and Branding Financial services (Johannesburg, SA), Finance for Non Finance Managers (Acclaim Africa Ltd) and Public Procurement & Disposal of Public Assets among others.

Mr. Miiro Kwagala Phillip – Head of Credit

Philip joined Housing Finance Bank from DFCU Bank, where he worked for 6 years. First as a Senior Business Analyst and later as the Head of Relationship Management. He previously worked with Standard Chartered Bank as the Senior Relationship Manager, Global Corporates. Prior to joining Standard chartered bank, he worked in various capacities in Nile Bank Ltd rising to head Business Banking. He holds a Bachelor’s degree in Agriculture from Makerere University and an MBA from Aberystwyth University-UK.

Ms. Hope Ekudu – Head of Business and Institutional Banking

Hope joined Housing Finance Bank after working with Barclays Bank Uganda for eight years in various capacities within the Operations department. She holds a bachelor’s degree in Statistics from Makerere University as well as a Masters in Business Administration from Heriot Watt University. She has also received executive coaching as part of the inaugural CEO apprenticeship club (2013), a program run by the CEO summit intended to nurture leadership talent in Uganda.

Ms. Jean Mutabazi Kasirye – Non – Executive Director

Ms. Kasirye is currently the Head of Operations at the National Social Security Fund (NSSF). She is a Chartered Accountant with over 15 years’ experience in financial management, strategic planning, systems analysis and evaluation. She serves on the Boards of Crestals Africa Limited and Build Africa Uganda as a Chairperson and vice Chairperson respectively.

Ms. Kasirye is a Certified Public Accountant, holds a Masters of Business Administration from the Herriot Watt University, United Kingdom and a BSC Quantitative Economics from Makerere University, Uganda.

Mr. Ronald Bbosa – Head Human Resource and Administration

Ronald is a specialized Human Resource practitioner who prior to joining Housing Finance Bank, worked with KPMG Uganda, a leading global professional services firm, as a Senior Human Resources Manager. He earlier was a Human Resource Manager in Centenary Bank for 7 years and was behind their planning, implementation and evaluation of the Performance Management Culture. He holds a Masters degree in Organisational Psycology and a Bachelor of Arts degree from Makerere University. He is currently the Director of Professional Development on the Governing Council of the HRA Managers Association of Uganda.