Job Title: director of finance and operations
Company: Deposit Protection Fund Uganda
Dr Michael Lugemwa is the director of finance at Deposit Protection Fund (DPF) Uganda.
He started out as a credit accounts management officer at Stanbic Bank Uganda in 2008, taking on the role or financial accounting officer at the same company a year later. In 2011, he transitioned to the Office of the Auditor General, where he worked as an auditor for five years. He first assumed his current position at DPF Uganda in 2021, serving for a year before becoming the director of internal audit. In 2024, he resumed his role as director of finance and operations.
Work experience
Apr 2024 - Present: director finance and operations, Deposit Protection Fund of Uganda
Jun 2022 - Apr 2024: director internal audit, Deposit Protection Fund of Uganda
May 2021 - Jun 2022: director finance and operations, Deposit Protection Fund of Uganda
Aug 2016 - May 2021: manager accounts & finance, Uganda National Roads Authority
Aug 2011 - Jul 2016: auditor, Office of the Auditor General
Sep 2009 - Jan 2011: officer, financial accounting, Stanbic Bank Uganda Limited
Aug 2008 - Sep 2009: officer, credit accounts management, Stanbic Bank Uganda Limited
Education
2015 - 2018: Doctor of Philosophy (PhD), Accountancy, North-West University
2013 - 2014: Master of Science (MSc), Oil and Gas Accounting, Robert Gordon University
2005 - 2008: Bachelor of Commerce (BCom), Accounting and Finance, Makerere University
Deposit Protection Fund (DPF) Uganda
DPF Uganda is a government agency mandated to provide deposit insurance to customers of deposit-taking institutions licensed by the Bank of Uganda. It ensures depositors are compensated up to a specified limit in the event that a financial institution fails, with the aim of enhancing public confidence in the financial sector.
