Professional Summary:

Joshua Samuel Karamagi is a Founding Partner at J. Samuel Richards® & Associates with more than 30 years’ experience in audit, assurance, financial advisory, and strategic leadership. His career spans senior roles in both the public and private sectors, including Chief Executive Officer of Uganda Electricity Transmission Company Limited, Chief Financial Officer of Uganda Electricity Generation Company Limited, Finance Director at Makerere University, Assistant Commissioner in the Ministry of Finance, and founder of a public accounting practice.

Over his distinguished career, Joshua has led and completed high-profile assignments across diverse sectors, including energy infrastructure, government finance, academia, and development projects, as well as advisory work for international organizations and large corporate entities.

Past Experience

Uganda Electricity Transmission Company Limited
Chief Executive Officer

He was extensively involved in electricity transmission infrastructure development. He successfully lead the structuring, financing, negotiating PPAs and construction of multi-million-dollar projects.

Uganda Electricity Generation Company Limited
Chief Financial Officer

He was pivotal in developing major USD2 billion hydro-power projects. He also chaired the investment committee of the company where he developed the investment policy. He participated in a PPP infrastructure project worth USD20 Million. Other key achievements include the construction of USD600 million 183MW Isimba hydro power project and the USD1.2 billion 600MW Karuma hydro power project.

MM Bekar CPA (Founder, from 2003)
Led audit and advisory assignments for high-profile clients such as the Office of the Auditor General, Bank of Uganda, UNFPA, Quantum Express Logistics, and others

Ministry of Finance, Planning and Economic Development
Assistant Commissioner (Treasury), overseeing monetary and fiscal policy in Uganda’s budgeting 

Makerere University
Finance Director / CFO (Bursar) — Managed assets of approx. $300 million and revenue over $100 million yearly 

National Social Security Fund (NSSF), PricewaterhouseCoopers (PwC), Other Public and Private Sector Roles including UBL, NSSF, INTERID, SPENCON, Lady Charlotte, Hotel Margherita

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Education

CFA Institute
CFA Charterholder

Institute of Certified Public Accountants of Uganda
Member

Institute of Certified Public Accountants of Kenya
Member

Edinburgh Business School, Heriot-Watt University
MBA

Makerere University
BCom (Accounting)