Expanding social security coverage
Our Board’s focus during FY2025/26
Throughout the year, the Board concentrated its efforts on expanding social security coverage, growing the Fund's balance sheet, improving investment returns, enhancing member and stakeholder satisfaction, strengthening governance oversight, advancing strategic repositioning, and accelerating digital transformation. These priorities guided our oversight activities and informed our strategic decision-making throughout the year.
Board achievements during FY2025/26
Board focus area
Key achievements
Advanced the Fund's expansion into the informal sector and voluntary savings market, creating new pathways for wider social protection and increased participation in long-term savings.
Repositioning NSSF for greater national impact
Supported the revised Vision 2035 strategy, positioning the Fund to play a larger role in Uganda's socio-economic transformation.
Growing the balance sheet
Oversaw continued growth in assets under management, strengthening the Fund's financial position and supporting the revised Vision 2035 ambition of achieving UGX 80Tn in assets under management.
Improving investment returns
Maintained disciplined oversight of the investment portfolio, ensuring continued focus on long-term value creation, capital preservation, and sustainable member returns.
Enhancing member and stakeholder satisfaction
Strengthened stakeholder confidence through improvements in service delivery, customer experience, and stakeholder engagement.
Strengthening governance oversight
Maintained strong governance practices and effective Board oversight, supported by constructive Board-management engagement and a stable operating environment with no material governance concerns during the year.
Advancing digital transformation and innovation
Continued oversight of technology modernisation, digital service delivery, and cyber resilience initiatives.
The Board is encouraged by the progress achieved across these priorities. During the year, the Fund strengthened its financial position, expanded social security coverage, enhanced stakeholder confidence, and advanced its strategic repositioning as a catalyst for both retirement security and national development. These achievements reinforce our confidence in the Fund's long-term sustainability and its capacity to create value for members and the country at large.
As the Fund continues to evolve, our focus is increasingly on transforming trust into value and value into inclusive sustainable wellbeing. We believe that strong governance, prudent stewardship, and responsible investment are the foundations upon which long-term wellbeing is created for members, communities, and future generations.