William Kasozi, the new Letshego Uganda board chairman

Letshego Uganda Ltd has announced the appointment of William Kasozi as the new Board Chairman. Kasozi has been a board member since 2015.

He succeeds Karuhanga Hannington who has retired as Chairman but remains a Director at the company, for his stewardship of the board.

Kasozi is a Senior partner at AF Mpanga Advocates (Bowmans Uganda) a Tier 1 Law firm in Uganda. He served as the managing partner of AF Mpanga Advocates for nine years until 2019. During his tenure as Managing Partner, he implemented the integration of AF Mpanga Advocates with Bowmans a leading law firm in South Africa and oversaw a tremendous growth in the business success of the firm.

He is a leading Banking and Finance expert with over 20 years diversified experience in the banking sector. During his career he has held top management positions in Bank of Uganda, East African Development Bank, and Stanbic Bank Uganda Limited.

Kasozi specializes in Banking, Project and Corporate Finance, Syndicated Lending, Equity Investments, Regulatory Compliance and debt management services.

Prior to joining Bowmans, Kasozi held top management positions at East Africa Development Bank, Stanbic Bank and Bank of Uganda.

He holds an LLM European & International Trade Law] from the University of Leicester, an LLB (Hons) from Makerere University, a diploma in Legal Practice from LDC and was admitted to the Bar in 1996.

Some of his relevant experiences include:

  • Advising a leading manufacturer of drugs in East Africa on a proposed cross-listing on the Uganda Securities Exchange and the Nairobi Securities Exchange.
  • Advising the Bank of Uganda in its recent take-over of a financial institution in Uganda.
  • Advised a leading private hospital in Kampala in its acquisition of the business assets of another private hospital in Kampala in a deal worth about UGX 6 billion.
  • Advised a leading local pharmaceutical retailer in its acquisition of assets of another pharmaceutical retailer.
  • Advised on a loan facility of USD 5,13 million towards construction and commissioning of a proposed 2.7MW mini hydro power project in Kabarole district.
  • Advising China Development Bank on a buyer credit agreement worth USD 645 million with the government of Uganda for the purposes of construction of construction of Karuma Hydro power dam and associated transmission lines and substations.
  • Advised Hatton National Bank Plc (Sri Lanka) and Bank of Ceylon (Sri Lanka) as lenders in a financing agreement worth USD 8,5 million with Muvumbe Hydro (U) Limited (borrower) for the financing of the engineering, construction of a 6.5 MW power generation facility in Western Uganda.
  • Representing Reynolds Construction Company (RCC) in a suit against the government objecting to the irregularities in the tendering process in regards to a project for the completion of the Northern By- Pass in Kampala amounting to of EUR 65 million.

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