Richard Byarugaba

Richard Byarugaba
Born	1961 (age 55–56) Uganda
Residence	Kampala, Uganda
Nationality	Ugandan
Alma mater	Makerere University (Bachelor of Science in statistics and economics) Association of Chartered Certified Accountants (Chartered Certified Accountant) Henley Management College Diploma in Management
Occupation	Business executive
Years active	1983 — present
Known for	Business, management
Title	Managing director and chief executive officer National Social Security Fund (Uganda)

Richard Patrick Byarugaba is a Ugandan business executive, banker, and entrepreneur. He is the managing director and chief executive officer of the National Social Security Fund (Uganda), a semi-autonomous retirement pension organisation for non-government employees in Uganda. He was also listed in 2012 as one of the wealthiest individuals in Uganda.

Byarugaba was born in 1961 in the Western Region of Uganda. He attended Makerere University, Uganda's oldest public institution of tertiary education, graduating with a degree in statistics and economics. He is a qualified accountant with the Association of Chartered Certified Accountants of the United Kingdom (UK). He also holds a diploma in management from Henley Management College, also in the UK.

Byarugaba has held various positions over the years, with the majority in Uganda's banking sector. He started as a banking officer at Standard Chartered Uganda (Stanchart), in 1983. By 1992, he had risen to executive director for finance at Stanchart. In 1994, he was transferred to Stanchart's international headquarters in London, as the regional manager for finance, responsible for Africa. He returned to Uganda in 1997, where he joined Nile Bank Limited, a private retail bank. He became managing director of the bank in 2003. In 2007, Barclays, the British financial conglomerate, bought all the shares of Nile Bank Limited for US $27 million (UGX:52 billion). The new owners merged the bank with their existing banking interests in the country to form the existing Barclays Bank (Uganda). Byarugaba moved to Baclays Bank (Uganda) as the chief operating officer.

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