Gerald Kasaato

Gerald Paul Kasato is a Ugandan accountant, lawyer, and business executive. He is the deputy managing director and deputy chief executive officer of NSSF Uganda, since 21 June 2024. He worked in the same position in acting capacity from August 2023 until June 2024. Before that, he was the chief investment officer (CIO) at the same institution between 2014 and August 2023.

Background and education
He is a Ugandan national. His degree of Bachelor of Science in accounting was awarded by the Oxford Brookes University in the United Kingdom. He also holds a Bachelor of Laws degree from Nottingham Trent University. His degree of Master of Science in international finance, was awarded by the London South Bank University. His Master of Business Administration was obtained from the University of Exeter. He also attended advanced leadership and management courses from the Harvard Business School and from the Wharton School, both in the United States, and from the London Business School in the United Kingdom.

Kasaato is a Chartered Financial Analyst (CFA), a Fellow of the Chartered Management Institute of the United Kingdom, a Chartered Certified Accountant of the UK and a Certified Public Accountant (CPA) of Uganda.

Work history
He worked in various entities in the United Kingdom before relocating to Uganda in the mid 2000s. He worked with National Housing and Construction Company, as Finance and Investment Manager and with National Insurance Company Limited, as Manager Investment and Treasury.

He joined NSSF Uganda in 2011 as Portfolio Manager, Equities. In 2014 he was promoted to Chief Investment Officer. In 2023, he was appointed as Acting Managing Director to replace Patrick Ayota who was elevated to managing director/ceo at the company. After ten months in acting capacity the Uganda NSSF board recommended that Kasaato be appointed as the substantive Deputy CEO.

With Kasaato as chief investment officer at NSSF Uganda, the retirement benefits fund grew in value and had assets worth USh18.4 trillion (US$4.99 billion) in 2023, with plans to grow to USh50 trillion (US$13.56 billion) by 2035.
 * Note: US$1.00 = USh3,686.97 on 23 June 2024 at https://www.oanda.com/currency-converter/en/

Other considerations
He sits on the board of directors of Yield Fund Uganda, a €20 million private equity fund that focuses on agriculture. He is a director on the board at Kampala Serena Hotel.