HW Ayebare Tumwebaze (L) at the swearing in ceremony
The Uganda Law Society (ULS) today launched its Health Care and Benevolent Fund for its Members in a ceremony that took place at Mestil Hotel and Residences.
Ms. Lydia Ochieng Obbo the Inaugural Chairperson of the ULS Health Care and Benevolent Fund Board was grateful for the trust put in her and the other Board Members and promised to grow the Fund through sound financial planning and wise investment decisions. She was grateful to the Law Societies of Rwanda and Kenya where they benchmarked sound practices.
She pointed out that this insurance coverage would be run on principles of: Compassion, Solidarity and Mutual Aid.
The other members of the Board are: Mr. Bernard Oundo SC, Mr. Munaabi Philip, Ms. Barbra Kitui, Dr. Elizabeth Ekochu Asege, Mr. Lwetabe Allan and Ms. Mary Namale.
HW Ayebare Tumwebaze, who swore in the members, congratulated the Board and wished them success. He reminded them to serve the society ahead of their personal interests and to immediately establish guidelines upon which the Fund will be managed; otherwise, he cautioned, every Tom, Dick and Harry will be scrambling to diminish the Fund.
The President ULS, Mr. Benard Oundo, SC explained that the need for the Fund was more pronounced during the Covid 19 pandemic when lawyers stopped earning yet they could not stop living.
He explained that the Fund will support the Members in cases of illness and death, but with time it will be expanded to cover other needs.
He thanked the Former Presidents, Simon Peter Kinobe SC and John Mary Mugisha, SC for prophesying this dream that now comes to pass.
Mr. John Bosco Rujagaata Suuza Director Legal Advisory Services, Ministry of Justice and Constitutional Affairs who represented the Learned Attorney General welcomed the Fund and promised to support it. He indicated that there were now more good reasons to join the ULS than ever before.
The President explained that the team is composed of lawyers, Economists, a Medical Doctor, Accountants, an Insurance Actuary, and other competencies all directed to ensuring efficiency and strategic direction of the Fund.
He handed over a cheque of 402,300,000/= for the new Board to commence work.
After launching the Fund, the President ULS executed an MoU with the Board Chairperson detailing the relationship between the Fund managers and the ULS.
Posted 11th, July 2024