Nicholas Masaba joins 2025 CFO Awards nominees

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Cold Solutions East Africa FD Nicholas Masaba has joined the list of finance leaders who will be competing in the 2025 ‘Oscars of Finance’.

Cold Solutions East Africa finance director Nicholas Masaba has been nominated for the 2025 CFO Awards for East Africa for his former role as the CFO of C-Care Uganda.

Nicholas was appointed as the finance director at Cold Solutions Services East Africa in June 2025 after a six-year stint at C-Care.

He began his career at PwC in Kampala, where he worked as a senior associate from 2008 to 2013. He later joined the firm’s Aberdeen office in the same capacity, before returning to Uganda in 2015 to serve as manager until 2019.

In February 2018, he moved into the banking sector as head of finance and administration at NC Bank Uganda. He then joined International Medical Group, Uganda, in June 2019 as group head of finance before being appointed as group chief financial officer at C-Care Uganda shortly thereafter, a position he held until mid-2025.

Nicholas holds a BSc in civil engineering from Makerere University and is a certified ACCA professional. He also holds an MBA from Heriot-Watt University.

The CFO Awards for East Africa highlight outstanding financial leadership, innovation, and strategic management, honouring those who have made significant contributions to their organisations and the broader business community.

Winners will be celebrated at a glamorous gala dinner in Nairobi on 27 November 2025 that will bring together top CFOs, VIPs and business partners for an exquisite evening of networking, entertainment and fine cuisine.

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