UNMC Lines Up Interim Leaders Following IGG Interdictions

The Uganda National Mining Company (UNMC) is taking steps to establish temporary leadership arrangements following the interdiction of key executives. According to reports, former UNOC exploration chief Lyoidah Kiconco and energy lawyer Loyola Rwabose Karobwa are being lined up to take over senior positions at the state-owned mining enterprise.

The leadership shakeup comes in the wake of a directive issued on October 22, 2026, by the Inspectorate of Government (IGG). The IGG instructed the UNMC Board Chairperson to interdict Chief Executive Gerald Banaga-Baingi and Chief Corporate and Legal Affairs Officer and Company Secretary Lelia K. Bwambale to clear the path for ongoing investigations.

To ensure smooth operations and maintain corporate governance, the interim arrangement will see an Acting CEO seconded from the Uganda National Oil Company (UNOC). Meanwhile, the Acting Company Secretary position will be filled by an official drawn from the Ministry of Energy and Mineral Development.

Sources indicate that these strategic secondments have been agreed upon between the Minister of Energy and the UNMC Board. Before this transition, Lyoidah Kiconco served as the Head of Exploration and New Ventures at UNOC, while Loyola Karobwa held the position of Senior Legal Officer within the energy ministry.

While these interim measures are designed to preserve stability during the investigative period, a formal public confirmation detailing the effective dates and exact terms of the secondment has not yet been released. This administrative pivot marks a crucial phase for UNMC as it works to navigate current governance hurdles without disrupting its core mandates.

Read the original story on Nile Post.