The new Vision Fund Uganda Board Chairperson has unveiled new plans that will steer the organization to the next level, targeting the underprivileged and vulnerable communities. 

Speaking after her unveiling at Golden Tulip, Sarah Yvonne Byabazaire said that the board leadership will oversee the implementation of the organization’s strategic ambitions to score high. 

“We’ve undertaken a strategic ambition to refresh as an institution, premised on expanding our outreach to the vulnerable and underserved communities in Uganda, in the new year strategic plan,” she pointed.

Yvonne Byabazaire (left), the new Vision Fund board chairperson raises the instruments of power she received from her predecessor Constant Othieno Mayende (right). (Photo by Benon Ojiambo)

Byabazaire mentioned that the organization will work to sustainably impact 360,000 children in the peri-urban, rural and vulnerable communities while aligning the footprint with World Vision Area Programs. 

“I would like to express gratitude to the shareholders for entrusting me with the leadership of the Vision Fund Uganda Board of Directors. It is a great honour and privilege to lead this important institution; one which I have accepted with humility and excitement,” she added. 

Byabazaire comes in with a huge experience as a seasoned banker of 10 years, wealthier in growth and professional development from the financial sector. 

She commended the leadership of the outgoing Board Chairperson, Constant Othieno Mayende whose leadership stunned a stellar performance from 2016-2023. 

“The institution has been able to turn around from loss-making to profit-making and thus charged with the duty of sustaining the new profitability position. This is attributed to the stellar leadership of the board of directors and the management,” she explained.

Yvonne Byabazaire speaks after her inauguration as the new Vision Fund board chairperson. (Photo by Benon Ojiambo)

The outgoing Board Chairperson Mayende appreciated the support from the shareholders of Vision Fund International and World Vision Uganda, among other donors — aBi Finance, FSDU, Grameen. 

He said that Vision Fund Uganda (VFU) has impacted the lives of over 200,000 children countrywide.  

“Our financial inclusion efforts reached over 40,000 clients across the 21 branches, offering them financial services to build more resilient lives and harness opportunities,” he said.