YSB Uganda Team

Richard Tugume

Richard Tugume

East Africa Investment Director

Richard T. Tugume previously worked as an external auditor with PwC, a Finance Manager with TechnoServe Uganda, a Senior Financial Controller with Kilicafe (a triple certified coffee exporting Coop) in Tanzania, a Regional Portfolio Manager with Root Capital, a US-based Social Investment Fund, in charge of portfolio (at various times) in Kenya, Uganda, Tanzania, Rwanda and the DRC, and is currently the East Africa Director for Investment with Yunus Social Business Uganda. He holds a B.com(Acc) degree from Makerere University in Uganda, and an MBA from the University of Nairobi in Kenya. He is an avid practicing farmer, a champion of environmental conservation and social justice, loves traveling and learning new ideas.

Susan Mirembe

Susan Mirembe

Portfolio Manager

Susan has a wealth of experience in Access to Finance, SME Business Development Services and Portfolio Management. Prior to joining YSB-Uganda, Susan was a Financial Business Advisor for the USAID/Uganda Private Health Program. Prior to that, she was a Program Manager at Innovations Systems and Cluster Program – Makerere University, where she joined after working as a Credit Officer at Finance Trust Bank Limited. Susan’s previous roles largely involved working with various SMEs on a range of BDS services including business planning, market research, feasibility studies, financial management, investment appraisals, structuring financing options, business skills training and market linkages.

Susan holds a Master’s in Business Administration and Bachelor’s degrees in Computer Science and several certificates in M&E, Project Planning and Management.

Charles Kadde

Charles Kadde

Finance Manager

Prior to joining YSB Uganda, Charles was a Financial Accountant and Credit Controller at Bata Shoe Company, a position he attained after serving in several other capacities in the finance section. Before joining Bata Charles worked as the Financial Accountant/Administrator at Budadiri Arabica Coffee Factory.

Charles holds a Bachelor’s degree in Business Administration (Accounting) and currently at his final level of Certified Public Accountancy Uganda.

YSBFB Investment Committee

Karen Hitscke

Karen Hitscke

Co-Chief Investment Officer, YSB Global

An investment executive and strategy consultant with over 20 years of international experience, Karen has a professional background in venture capital with extensive expertise in fund structuring, investment processes and fundraising. Before joining Yunus Social Business in early 2012, she served as the Chief Financial Officer at biotech start-up Affectis AG where she successfully extended the investor base and raised over 4 million EUR of funding for the company. From 1997 to 2003, Karen was an Investment Manager at the leading international Private Equity group Apax Partners with a focus on the life sciences sector. Karen started her career as a consultant at McKinsey & Co.

Karen graduated with distinction from INSEAD, Fontainebleau, and holds an M.Sc. in Biology from the University of Constance, including her international studies at Ben-Gurion-University in Israel as well as Sussex University. Adding to her international background, Karen lived in Japan for 5 years prior to joining YSB.

In addition to her responsibility at YSB, Karen has been an advisor to Swiss based business angel network “Brains to Ventures” since 2004 where she is still a member of the Investment Committee. She has held several board positions in European life science companies.

Sylvain Franc de Ferriere

Sylvain Franc de Ferriere

Co-Chief Investment Officer, YSB Global

Sylvain Franc De Ferrière is responsible for heading Yunus Social Business’s activities in Africa, as well as developing its services to entrepreneurs. He is also part of the Management Team of Yunus Social Business Global.

Prior to Yunus Social Business, Sylvain worked in Argentina for Endeavor, an NGO dedicated to identifying and sup-porting high-impact entrepreneurs, as a consultant, and then as General Manager of one of the Endeavor entrepreneurs, a fashion design business. Previously, he was a consultant for the Boston Consulting Group in Paris. Sylvain holds a M.Sc. in Mathematics from Imperial College in London and an M.Sc. in Management from HEC in Paris.

Global Team

Prof. Muhammad Yunus

Prof. Muhammad Yunus

Co-Founder and Chairman

Professor Muhammad Yunus co-founded YSB Global Initiatives, and currently serves as the Chairman of the Board for YSB Global Initiatives. He is additionally the founder of Grameen Bank. Today, Grameen Bank has over 8.4 million members -97 per cent of who are female and has lent over US$12.5 billion since its inception. In 2006, the Norwegian Nobel Committee jointly awarded the Nobel Prize in Peace to Professor Yunus and Grameen Bank “for their efforts to create economic and social development from below.”

Since 2006 Professor Yunus has focused on spreading and implementing the concept of social business. He has written three books about micro-lending and Social Business: “Banker to the Poor” (2003), “A World Without Poverty: Social Business and the Future of Capitalism” (2008) and “Building Social Business” (2010).

Among Professor Yunus’ many awards and honors he has received all three highest US Civilian awards (Presidential Citizens Medal, the Presidential Medal of Freedom and the Congressional Gold Medal). Thereby he is one of only seven people in history that has received these awards, along with recipients Martin Luther King Jr., Mother Teresa or Nelson Mandela. In 2009, Forbes named Professor Yunus one of its “10 Most Influential Business Gurus.”

Saskia Bruysten

Saskia Bruysten

Co-Founder and CEO

A leader in the Social Business Movement, Saskia Bruysten was Co-CEO of Grameen Creative Lab prior to founding YSB. She started her career at the Boston Consulting Group in Munich and New York. She was appointed to the EU Commission’s expert group on Social Business and has assisted Professor Yunus on UN Secretary General Ban Ki-Moon’s MDG Advocacy Group. She holds an MBA from the European Business School, Germany and a MSc in International Relations from the London School of Economics.

Sophie Eisenmann

Sophie Eisenmann

Co-Founder and CFO

An expert in creating social business funds and executing investments into social businesses, Sophie is responsible for setting up country initiatives in Haiti, Colombia and Albania as well as multiple various consulting projects for corporate social businesses. Before co-founding YSB together with Prof. Yunus and Saskia Bruysten, Sophie held the position of COO of Grameen Creative Lab. Prior to that, she worked for Siemens Management Consulting in Munich as well as GE Capital in London, Amsterdam and Munich. She holds an MBA from the European Business School in Germany and an MBA from INSEAD, Fontainebleau and Singapore.

YSB Uganda Partners