Towns
Dr. Aliker appointed MUK endowment fund chairmanPublish Date: Jul 17, 2014
Dr. Aliker appointed MUK endowment fund chairman
  • mail
  • img
(Right – left) Chancellor, Prof. Mondo Kagonyera chatting with Chairman Board of Trustees, Dr. Martin Aliker during the launch of the board of trustees of the Makerere University endowment fund at Makerere University Kampala on July 17, 2014. Photo by Tony Rujuta.
newvision

By Innocent Anguyo and Raymond Walwimbi
 
Renowned corporate business manager, Dr. Martin Jerome Okec Aliker has been appointed the founding chairperson of the Board of Trustees, Makerere University Endowment Fund.
 
The seven-member board is tasked with the responsibility of hunting for alternative sources of funding for Makerere, in light of reducing the 90-year university’s financial dependence on tuition and government subvention.
 
The Board was inaugurated yesterday, in a two-hour ceremony held at Makerere University. 
 
Other members of the board include; Barnabas Tumusingize of Sebalu & Lule Advocates; Grace Isabirye, the former acting director of NSSF; Martin Owiny, a former board member of KCB; Ambassador Edith Ssempala; Youth MP, Gerald Karuhanga and Makerere Vice Chancellor, Prof. John Ddumba Ssentamu.
 
Makerere University Chancellor, Prof. Mondo Kagonyera and Makerere University Council Chairman, Dr. Charles Wana Etyem inaugurated the board.
 
The Makerere University Council, the institution’s supreme governing body recently approved the establishment of the Makerere University Endowment Fund and the board to steer it.
 
 (Left-Right) Martin Owiny, Chairperson, Makerere University Council Eng. Charles Wana-Etyem, Vice Chancellor, Prof. J Ddumba Sentamu, Chairman Board of Trustees Dr martin Aliker, Chancellor, Prof. Mondo Kagonyera, Ambassador, Edith Ssempala, Hon Gerald Karuhanga, Grace Isabirye and Barnabas Tumusingize in a group photo during the launch of the board of trustees of the Makerere University endowment fund at Makerere University Kampala on July 17, 2014. PHOTO/Tony Rujuta
 
According to an official statement issued by the university, the purpose of the endowment fund is to mobilize resources from Makerere alumni and well-wishers to diversify the institution’s constrained resource base.
 
The fund will be initially operationalised using the endowment fund (880,000 British Pounds) for the university, previously managed by Crown Agents of London.
 
Crown Agents has been managing the funds on behalf of Makerere.
 
Related Stories
 

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
Museveni in Nairobi for infrastructure meet
President Yoweri Museveni is in Kenyan capital Nairobi for an International Conference on the Great Lakes Region (ICGLR)....
45 years after Pope Paul VI
It is exactly 45 years today since Pope Paul VI visited Uganda, five years after he had canonized the Uganda Martyrs....
Bukenya to Gov’t: I don’t need your money
The ex-VP says he does not need any money from the Government as he has enough money to look after his family....
Entebbe commissions projects worth sh950m
Entebbe municipality has built several education and health facilities in projects worth sh948m in the FY 2013/14....
Women shun cervical cancer treatment
A cervical cancer prevention project has carried out screening of 158,972 women in Uganda and treated 2,908....
Defence wants Nsenga
The defence team asks court to acquit Kampala businesswoman Jacqueline Uwera accused of killing her husband....
Should private schools and institutions be given tax exemption?
Yes
No
Can't Say
follow us
subscribe to our news letter