Selestino Babungi

Fellow of the Association of Certified Chartered Accountants (UK) (FCCA); Certified Public Accountant – Uganda (CPA) and Graduate of Statistics from Makerere University.

Selestino Babungi is the Managing Director
and member of the Board since March 2015. He is also a member of the Environmental Safety and Governance Committee, Customer Service and Loss Reduction Committee and Strategic Review Committee. As the Managing Director, Selestino Babungi is responsible for the day to day management of the Company, which includes execution of the corporate strategy to deliver results for the different stakeholders.

Prior to his appointment as Managing Director, he served as Umeme’s
Chief Financial Officer (CFO) since January 2011, having held operational management roles in the Company, from 2006. During the period as the CFO, Umeme was listed on the Uganda Securities Exchange and cross listed on the Nairobi Securities Exchange and the Company mobilized USD 190 million of syndicated financing facilities from the lender group to finance the period’s capital investment plans.

Prior to Umeme, worked at Ernst & Young Uganda for six years, in different roles in providing audit and advisory services to clients from the private and public sectors.