News
Uganda appoints Michael Atingi-Ego as New Central Bank Governor
Michael Atingi-Ego’s appointment as Governor of the Bank of Uganda follows his leadership as the acting head since the death of long-serving Governor Emmanuel Tumusiime-Mutebile in 2022.
Uganda’s President, Yoweri Museveni, has appointed Michael Atingi-Ego as the new Governor of the Bank of Uganda.
The appointment was confirmed by Presidency spokesperson, Sandor Walusimbi, on Monday in Nairobi.
Atingi-Ego, who has a long history with the central bank, previously held senior roles at the institution before leaving. He returned in 2020 as the Deputy Governor.
He has served as the acting head of the Bank of Uganda since the death of the long-serving Governor, Emmanuel Tumusiime-Mutebile, in 2022.
Atingi-Ego’s appointment as the new Governor is seen as a continuation of his leadership during a challenging period for the country’s financial sector.
ALSO READ : Gov. Inuwa Yahaya condemns killing of ECWA clergy in Gombe
In addition, the Bank of Uganda has appointed Augustus Nuwagaba, an economist at Uganda’s largest public university, Makerere University, as the new Deputy Governor.
Nuwagaba’s expertise in economics is expected to strengthen the leadership team at the central bank.
The announcement was covered by various media outlets, including NTV Uganda, Daily Monitor newspaper, and Uganda Broadcasting Corporation.
-
Latest5 days agoUS Immigration fees rise from October 16 as USCIS announces new charges
-
Health1 week agoCOVID-19 Hospital care under scrutiny as US Senate hears patient, family testimonies
-
Business1 week agoOpenAI shelves GPT-6.1 astra release over safety concerns
-
Business4 days agoNigeria’s $55bn reserves raise fresh questions over naira value
-
Latest1 week agoADC’s 2027 Strategy: Who are the key players and what are their roles?
-
Latest1 week ago‘Our Uranium lit Europe, while Niger stayed in darkness’ — PM tells UN
-
Health4 days agoFlorida sues Pfizer over deceptive COVID-19 vaccine marketing
-
Business1 week agoOPay leads Nigerian financial apps as smartphone adoption hits 75%