Managing Director – responsibilities and value created
Mr. Patrick M. Ayota is the Managing Director under the NSSF Act and the only Executive Director (ex officio) on the Board, responsible for day-to-day operations.
Managing Director’s responsibility
Overseeing day-to-day operations and implementing Board strategy and policies.
Value created / preserved
Assets grew by 26.4% from UGX 26.01 trillion to UGX 32.87 trillion. Vision 2035 implementation commenced on all three pillars.
Managing Director’s responsibility
Leading the Executive Committee (EXCO) and all functional divisions.
Value created / preserved
669 employees at year-end (FY2024/25: 614), including full launch of the Enterprise and Growth Department. Staff engagement sustained at 91.0%.
Managing Director’s responsibility
Driving the “Creating Our Own Members” strategy across agriculture, informal sector, and enterprise.
Value created / preserved
Three growth pillars operational: agriculture (off-take agreements for maize, sesame, soya, and coffee), informal sector (motorcycle-riders' savings pilot) and enterprise (Hi-Innovator, targeting 1,000 start-ups and 120,000+ jobs by 2030). Livelihoods Support Project onboarded multiple households.
Managing Director’s responsibility
Championing digital transformation and the “Serving Members Differently” agenda.
Value created / preserved
94% of services delivered online. Talia AI pilot launched, enabling natural-language member engagement. Benefits TAT: 4.5 days (target: 4.6 days).
Managing Director’s responsibility
Maintaining a deliberately low media profile as a reputational governance principle.
Value created / preserved
Media tonality averaged 95% (FY2024/25 baseline). The NSSF brand is rated the Fund's most significant intellectual capital asset.
Managing Director’s responsibility
Managing regional relationships and advocacy for long-term capital.
Value created / preserved
≈USD 90 million annual commitment to regional infrastructure maintained. Participation in ISSA, ILO and ASSA fora continued; trust law reform advocacy progressed.
Managing Director’s responsibility
Providing the Board with timely, accurate and complete information for oversight.
Value created / preserved
Quarterly MD update presented to the Board. Information packs submitted at least 7 days before meetings. ARC engaged independently with the Chief Internal Auditor.