President Yoweri Museveni has reappointed Emmanuel Katongole to head the Board of Directors at Uganda National Oil Company (UNOC).
The appointment is contained in a letter dated November 12, written to the Speaker of Parliament, Rebecca Kadaga.
In the letter is titled “Appointment of the Board of Directors of the Uganda National Oil Company”.
“In exercise of the powers vested in the President by Section 44 (1) of the Petroleum Act, I have appointed persons listed below as Chairperson and members of the Uganda National Oil Company,” the letter reads.
The other members are Francis Nagimesi, Biwaga Stella Marie, Irene Pauline Batebe, Godfrey Andama, Francis Twinamatsiko and Zulaika Mirembe Kasaija.
The appointees are subject to vetting by Parliament for approval.
Katongole has been Chairman of UNOC since August 2014. He doubles as Executive Chairman of Cipla Quality Chemicals Industries Limited.
Katongole co-founded Quality Chemicals Limited (QCL) in 1997. The company specialized in the importation of generic veterinary and human pharmaceuticals from India.
In 2004, QCL convinced Cipla, the Indian drug maker, to form a joint venture and set up a pharmaceutical factory in Uganda which was commissioned in 2007.
The statistician, economist, businessman, entrepreneur, and industrialist is also a Rotarian and served as the District Governor for Rotary District 9211, which comprises Tanzania and Uganda.
Uganda National Oil Company (UNOC) recently announced Proscovia Nabbanja as the new Chief Executive Officer (CEO) of the company following the resignation of UNOC’s former chief executive, Dr. Eng Josephine Wapakabulo in August this year.
The Board expressed confidence that Nabbanja’s appointment will propel UNOC to greater heights given her vast knowledge, drive and experience in the petroleum industry.
Uganda National Oil Company (UNOC) Limited was established under Section 42 of the Petroleum (Exploration, Development and Production) Act (Upstream Act) and Section 7 of the Petroleum (Refining, Conversion, Transmission and Midstream Storage) Act (Midstream Act), both of 2013
It focuses on building the business and ensuring that the Company grows into an effective and profitable company properly representing and managing State commercial interests.