Selestino Babungi

Selestino Babungi
Selestino Babungi
Born	Selestino Babungi; 1977 (age 42–43); Uganda
Nationality	Ugandan
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

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

From 1999 until 2006, he worked with Ernst & Young at its Kampala office. He joined Umeme in 2006 and served as a regional operations manager and then as the credit control manager. In 2012, he was appointed chief finance officer, 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.[5]

Other responsibilities

He is a married father of three children.[4]

gollark: You mean a *Discord* server or actual *hardware* server?

gollark: And 100GB of still-not-particularly-important-but-annoying-to-replace large data.

gollark: Also another 10GB of less-important somewhat annoying to replace data.

gollark: I only have something like 300MB of important hard-to-replace data, I'm sure discord wouldn't mind.

gollark: They store a ton of random files from users, so if I encrypt and compress some of my important stuff I can just upload it to Discord in 8MiB chunks.

References

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. Retrieved 20 April 2015.
Ladu, Ismail Musa (16 March 2015). "Umeme Gets New Chief Executive Officer". Daily Monitor (Kampala). Retrieved 20 April 2015.
Wesonga, Nelson (14 April 2015). "Umeme: Will Babungi Score Where Chapman Failed?". Daily Monitor (Kampala). Retrieved 20 April 2015.
Kyamutetera, Muhereza (16 March 2015). "Umeme Appoints Babungi, A Ugandan As Managing Director". The CEO Magazine Blog (Kampala). Retrieved 20 April 2015.

External links

Webpage of Umeme

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[1] Ojambo, Fred (9 April 2015). "Umeme Will Invest Up to $100m Upgrading Uganda Network This Year". Bloomberg News.

[2] Biryabarema, Elias (13 April 2015). "Uganda's Power Firm Umeme Sees 2015 Revenues Up 10 Percent". Reuters.com. Retrieved 20 April 2015.

[NewMD-3] Ladu, Ismail Musa (16 March 2015). "Umeme Gets New Chief Executive Officer". Daily Monitor (Kampala). Retrieved 20 April 2015.

[Profile-4] Wesonga, Nelson (14 April 2015). "Umeme: Will Babungi Score Where Chapman Failed?". Daily Monitor (Kampala). Retrieved 20 April 2015.

[5] Kyamutetera, Muhereza (16 March 2015). "Umeme Appoints Babungi, A Ugandan As Managing Director". The CEO Magazine Blog (Kampala). Retrieved 20 April 2015.