Richard Matsiko

Richard Matsiko
Born
Uganda
CitizenshipUganda
Alma materMakerere University
(Bachelor of Electrical Engineering)
OccupationsEngineer, corporate executive
Years active1991–present
Known forElectrical engineering, leadership
TitleChief executive officer of Uganda Electricity Transmission Company Limited

Richard Matsiko, is a Ugandan electrical engineer and corporate executive. He is the chief executive officer of Uganda Electricity Transmission Company Limited (UETCL). He was appointed CEO on 30 January 2026, having served as Ag. CEO since July 2025. Previously, over a period of over 30 years, he has served in various leadership roles, including Deputy CEO and Chairman of the Power Purchase Committee at UETCL, among others.

Background and education

Richard Matsiko is Ugandan by birth. He holds a Bachelor of Electrical Engineering degree, awarded by Makerere University, Uganda's oldest and largest public university.

Work experience

Matsiko joined the erstwhile Uganda Electricity Board (UEB) on 1 March 1991, as a trainee electrical engineer. When UEB was unbundled in 2001, he transitioned to the UETCL. He specialised in "power system protection". He gradually rose through the ranks to serve as the "Principal Protection Engineer" and eventually rose to the position of Deputy CEO at UETCL. On 24 July 2025, the board accepted the resignation of Joshua Karamagi as CEO of UETCL. That same day, the board appointed Engineer Richard Matsiko as Acting CEO.[1][2]

After six months as the acting CEO, the UETCL board confirmed him as the substantive CEO on 30 January 2026. Among his responsibilities is overseeing the construction of UETCL Towers, the future headquarters of the electricity transmission parastatal company.[3][4]

See also

References

  1. ^ Roswell Mbabazi (25 July 2025). "Engineer Richard Matsiko Takes Helm at UETCL, Ushering in Continuity and Strategic Focus Amid CEO Transition". Sunrise Uganda. Kampala, Uganda. Retrieved 2 February 2026.
  2. ^ Javiira Ssebwaami (28 July 2025). "UETCL board taps Richard Matsiko as acting Chief Executive". Kikubo Lane. Kampala, Uganda. Retrieved 2 February 2026.
  3. ^ Rogers Atukunda. "Engineer Richard Matsiko Confirmed As Substantive UETCL Chief Executive". SoftPower Uganda. Kampala, Uganda. Retrieved 2 February 2026.
  4. ^ Samuel Muhimba (30 January 2026). "Engineer Matsiko confirmed as UETCL CEO". Nile Post Uganda. Kampala, Uganda. Retrieved 2 February 2026.

Succession table