Nicholas Masaba

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Job Title: finance director

Company: Cold Solutions East Africa

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Nicholas Masaba was appointed as the finance director at Cold Solutions Services East Africa in June 2025.

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.

Work experience
Jun 2025 – Present: finance director, Cold Solutions Services East Africa 
Jun 2019 – Jun 2025: group chief financial officer, C-Care Uganda
Jun 2019 – Dec 2019: group head of finance, International Medical Group, Uganda
Feb 2018 – Jun 2019: head of finance and administration, NC Bank Uganda 
Oct 2015 – Jun 2019: manager, PricewaterhouseCoopers
Oct 2013 – Nov 2015: senior associate, PricewaterhouseCoopers, Aberdeen
Sep 2008 – Oct 2013: senior associate, PricewaterhouseCoopers

Education
2014 – 2016: MBA, Heriot-Watt University
2009 – 2011: ACCA, MAT Uganda
2004 – 2008: BSc, Civil Engineering , Makerere University

Cold Solutions Eastern Africa
Cold Solutions provides temperature-controlled storage facilities and cold chain logistics across the East African region.

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