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Office of the Director Investments

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The Director Investments oversees the implementation of the investment policy, which aims at making Makerere university financially self-sustaining through various investments. Currently, investment has mainly been realized in infrastructure at various faculties such as Economics, Technology, Pharmacy, and CIT. however, there will be more investment ventures such as setting up apartments and a hotel among others.

Profile:

Mr. Patrick C. Mutimba, holds the Chartered Financial Analyst designation. He has been a member of the CFA institute since 2001. He also holds an MBA and other related designations including the ACI Treasury dealing certificate, and he is a Fellow of the Association of International Accountants.

He brings experience gained from a wide exposure to financial markets in the region spanning a period of about two decades. He has been involved in Pensions management, management of institutional endowment funds, Commercial Banking, Development Finance, as well as Microfinance. He worked with Stanbic Investment Management Services (EA) where he was Portfolio manager. Prior to that he was Investment manager and the Uganda country representative for AIG Investments (now PineBridge Investments). He has also worked with Barclays bank treasury as head of liquidity management. He has also been involved with local Institutions like Mengo Hospital, UGAFODE and Bank of Uganda in various roles.

He is a member of the institute of Corporate Governance of Uganda and sits on several boards in the private sector. He is a member of the Uganda Society of Investment Professionals.

The Investment Directorate:
To support the office the activities of the Investment Directorate, an Investment Advisory Committee which includes the Deputy Vice Chancellor, (Finance & Administration) , The University Bursar, Dean Faculty of Law, Dean Faculty of Economics and Management, Director planning and Development Department, A representative from the Uganda Securities Exchange, A representative from Housing Finance Bank , was put in place.

The Investment Directorate operates under the Investment Policy statement of the Investment Advisory Committee of Council. The investment policy statement is formulated in accordance with the Universities and Other Tertiary Institutions Act 2001, Part XI: Provision for public Universities. The policy is intended to enhance the University Revenues. Funding for these investments shall include, but not be limited to, grants, loans and donations acceptable to the University Council.

Role & Function:
The Investment Policy Statement provides guidelines within which the University’s investment portfolio is to be effectively and ethically maintained, managed and enhanced for the benefit of Makerere University. It seeks to:

  1. Establish clear stakeholder understanding of the University Investment goals and objectives
  2. Define and assign responsibilities for investing activities
  3. Offer guidance and define the scope of parties involved in investment undertaking
  4. Ensure prudent management of University assets according to agreed standards
  5. Be consistent with the laws of Uganda
  6. Establish appropriate benchmarks for evaluating results.

Priority areas:
The investment Directorate is responsible for ensuring that the University’s Assets are used properly in such a way that they can generate current and future income while preserving the principal the assets themselves. The assets include mainly real estate in various parts of the Country, especially Kampala. 

Contact Information

Office of the Director Investments: Mr. Patrick C. Mutimba
Room 411, Main Administration Building
Makerere University
P.O. Box 7062, Kampala, Uganda
Email: pmutimba@investment.mak.ac.ug

 

The Director Investments oversees the implementation of the investment policy, which aims at making Makerere university financially self-sustaining through various investments. Currently, investment has mainly been realized in infrastructure at various faculties such as Economics, Technology, Pharmacy, and CIT. however, there will be more investment ventures such as setting up apartments and a hotel among others.

Profile:

Mr. Patrick C. Mutimba, holds the Chartered Financial Analyst designation. He has been a member of the CFA institute since 2001. He also holds an MBA and other related designations including the ACI Treasury dealing certificate, and he is a Fellow of the Association of International Accountants.

He brings experience gained from a wide exposure to financial markets in the region spanning a period of about two decades. He has been involved in Pensions management, management of institutional endowment funds, Commercial Banking, Development Finance, as well as Microfinance. He worked with Stanbic Investment Management Services (EA) where he was Portfolio manager. Prior to that he was Investment manager and the Uganda country representative for AIG Investments (now PineBridge Investments). He has also worked with Barclays bank treasury as head of liquidity management. He has also been involved with local Institutions like Mengo Hospital, UGAFODE and Bank of Uganda in various roles.

He is a member of the institute of Corporate Governance of Uganda and sits on several boards in the private sector. He is a member of the Uganda Society of Investment Professionals.

The Investment Directorate:
To support the office the activities of the Investment Directorate, an Investment Advisory Committee which includes the Deputy Vice Chancellor, (Finance & Administration) , The University Bursar, Dean Faculty of Law, Dean Faculty of Economics and Management, Director planning and Development Department, A representative from the Uganda Securities Exchange, A representative from Housing Finance Bank , was put in place.

The Investment Directorate operates under the Investment Policy statement of the Investment Advisory Committee of Council. The investment policy statement is formulated in accordance with the Universities and Other Tertiary Institutions Act 2001, Part XI: Provision for public Universities. The policy is intended to enhance the University Revenues. Funding for these investments shall include, but not be limited to, grants, loans and donations acceptable to the University Council.

Role & Function:
The Investment Policy Statement provides guidelines within which the University’s investment portfolio is to be effectively and ethically maintained, managed and enhanced for the benefit of Makerere University. It seeks to:

  1. Establish clear stakeholder understanding of the University Investment goals and objectives
  2. Define and assign responsibilities for investing activities
  3. Offer guidance and define the scope of parties involved in investment undertaking
  4. Ensure prudent management of University assets according to agreed standards
  5. Be consistent with the laws of Uganda
  6. Establish appropriate benchmarks for evaluating results.

Priority areas:
The investment Directorate is responsible for ensuring that the University’s Assets are used properly in such a way that they can generate current and future income while preserving the principal the assets themselves. The assets include mainly real estate in various parts of the Country, especially Kampala. 

Contact Information

Office of the Director Investments: Mr. Patrick C. Mutimba
Room 411, Main Administration Building
Makerere University
P.O. Box 7062, Kampala, Uganda
Email: pmutimba@investment.mak.ac.ug

 

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Veteran Professor changed Makerere and Higher Education

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Professor Pancras John Mukasa Ssebuwufu (L) receives a plaque and citation from RUFORUM Board Member and Vice Chancellor Ndejje University-Professor Eriabu Lugujjo (Right) on 6th May 2021 at the RUFORUM Secretariat, Plot 155 Garden Hill, Makerere University Main Campus,

When Professor John Ssebuwufu ambled up to receive a certificate of recognition for his ‘exceptional’ contribution to higher education from the Regional Universities Forum for Capacity Building in Agriculture (RUFORUM) at Makerere University (MU), he was thinking of many things, such as rewarding staff, that he could have done differently to impact university education more.

But he did what he could have done, under the circumstances.

He presided over MU (in 1993) when student enrolment was 5,000 and left in 2004 when the population was surging to more than 15,000.

He emphasised the use of information communication technologies in almost all the institutions he had been involved in and sent many academic staff on exchanges to boost research and innovation. Now, more African universities engage in ground-breaking research.

So, he proceeded to accept his recognition and make his acceptance speech, which was mostly about gratitude.

Ssebuwufu, 74, who is currently the chancellor at Kyambogo University and the vice-chancellor of the University of Kisubi, is credited for his exemplary leadership and pragmatic methods that have shaped higher education in Uganda and Africa as a whole.

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Japan Africa Dream Scholarship (JADS) Program 2021/2022

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Japan Africa Dream Scholarship (JADS) Program 2021/2022. Photo credit: AfDB

The Japan Africa Dream Scholarship (JADS) Program is a capacity building project by the AfDB and Japan which was initiated in 2017 with the aim of providing two-year scholarship awards to highly achieving African graduate students to enable them to undergo post-graduate studies (i.e. a two-year Master’s degree program) in selected priority development areas on the continent and Japan. The overarching goal the AfDB and the Government of Japan seek to attain is to enhance skills and human resources development in Africa in under the Bank’s High 5s agenda (i.e. “Feed Africa”, “Light up Africa”, “Industrialize Africa”, “Integrate Africa” and “Improve the quality of life of the people of Africa”) and key Japanese development assistance initiatives. JADS core areas of study focus include energy, agriculture, health, environmental sustainability, and engineering. The program also seeks to promote inter-university collaboration and university-industry partnerships between Japan and Africa. Upon completion of their studies, the JADS scholars are expected to return to their home countries to apply and disseminate their newly acquired knowledge and skills in the public and private sectors, and contribute to national and continental socio-economic development.

About the JADS program

The JADS Program is open to applicants from AfDB member countries with relevant professional experience and a history of supporting their countries’ development efforts who are applying to a graduate degree program in energy development and related discipline.  The program does not provide scholarships to any other graduate degree program.

The scholarship program provides tuition, a monthly living stipend, round-trip airfare, health insurance, and travel allowance.

Upon completion of their studies, the beneficiary scholars are expected to return to their home countries to apply and disseminate their newly acquired knowledge and skills, and contribute to the promotion of sustainable development of their countries.

Who is Eligible to Apply?

The program is open to those who have gained admission to an approved Masters degree course at a Japanese partner university. Candidates should be 35 years old or younger; in good health; with a Bachelor’s degree or its equivalent in the energy area or related area; and have a superior academic record. Upon completion of their study programs, scholars are expected to return to their home country to contribute to its economic and social development.

Application Procedures

  1. Applicant requests for information and application forms and procedures from the chosen JADS partner university. For any inquiries, please contact JADS@AFDB.ORG
  2. Applicant completes required documents and sends them to the university.
  3. University evaluates and selects applicants.
  4. University sends selected candidates to the AfDB.
  5. AfDB reviews submissions from universities, prepares and approves the final list.
  6. AfDB contacts selected awardees, and informs the universities.

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WHS Regional Meeting Africa 2021: Finance Chairperson’s Update

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Prof. Tonny J. Oyana, Finance Chairperson, World Health Summit Regional Meeting Africa, June 2021.

SOPs: Our plan is to have 200 sets of people in different spacious rooms…

Prof. Tonny j. oyana, finance chairperson whs regional meeting africa

We are sincerely grateful to our sponsors…

Over 15 core sponsors…

Sessions: 60% Virtual, 40% Onsite…

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