Selestino Babungi
Selestino Babungi | |
|---|---|
| Born | Selestino Babungi 1977 (age 46–47) Uganda |
| Alma mater | Makerere University (Bachelor of Statistics) Association of Chartered Certified Accountants (Fellow of the Association of Chartered Certified Accountants) Certified Public Accountants of Uganda (Certified Public Accountant) |
| Occupation | Corporate Executive |
| Years active | 1999–present |
| Title | Managing Director & CEO Umeme |
Selestino Babungi is an accountant and corporate executive in Uganda, the third-largest economy in the East African Community. He is the managing director and chief executive officer of Umeme,[1] whose shares are traded on both the Uganda Securities Exchange and the Nairobi Stock Exchange, and is the largest independent power distribution company in Uganda.[2] He was appointed in March 2015, and he assumed his current position on 1 April 2015, replacing Charles Chapman, whose term ended.[3]
Background and education
[edit]He was born in Uganda circa 1977. He studied at Makerere University, Uganda's oldest and largest public university, graduating with the degree of Bachelor of Statistics, circa 1999. He is a Fellow of the Association of Chartered Certified Accountants of the United Kingdom. He is also a certified public accountant of the Certified Public Accountants of Uganda(CPA).[4]
Career
[edit]From 1999 until 2006, he worked with Ernst & Young at its Kampala office. He joined Umeme in 2006 and served as a regional operation manager and then as the credit control manager. In 2012, he was appointed chief finance officer,[5] serving in that role until he was appointed chief executive officer, effective 1 April 2015.[4] He replaced Charles Chapman, who remained on the board as a non-executive director.[6]
Other responsibilities
[edit]He is a married father of three children.[4]
See also
[edit]References
[edit]- ^ Ojambo, Fred (9 April 2015). "Umeme Will Invest Up to $100m Upgrading Uganda Network This Year". Bloomberg News.
- ^ Biryabarema, Elias (13 April 2015). "Uganda's Power Firm Umeme Sees 2015 Revenues Up 10 Percent". Reuters.com. Archived from the original on 27 April 2015. Retrieved 20 April 2015.
- ^ Ladu, Ismail Musa (16 March 2015). "Umeme Gets New Chief Executive Officer". Daily Monitor (Kampala). Retrieved 20 April 2015.
- ^ a b c Wesonga, Nelson (14 April 2015). "Umeme: Will Babungi Score Where Chapman Failed?". Daily Monitor (Kampala). Retrieved 20 April 2015.
- ^ "Profile | Thomson Reuters Foundation News". news.trust.org. Retrieved 19 May 2023.
- ^ Kyamutetera, Muhereza (16 March 2015). "Umeme Appoints Babungi, A Ugandan As Managing Director". The CEO Magazine Blog (Kampala). Retrieved 20 April 2015.