New Leadership for Bank of Uganda; Atingi-Ego, Nuwagaba Set for Vetting

Kampala, Uganda – The newly appointed Governor of the Bank of Uganda, Michael Atingi-Ego, and his deputy, Professor Augustus Nuwagaba, are set to face Parliament today for vetting.

This development comes after President Yoweri Museveni appointed the duo to take the reins at the central bank.

Atingi-Ego, who has been serving as the Deputy Governor, brings a wealth of experience to the table, having worked with the International Monetary Fund (IMF) as Deputy Director of the African Department.

Nuwagaba, on the other hand, is an expert in economic transformation, with a strong background in fiscal policy, financial management, and economic development.

The vetting process is a crucial step in confirming the appointments, and it will be interesting to see how the duo fares.

The Bank of Uganda has been without a substantive governor since the passing of Professor Emmanuel Tumusiime-Mutebile in January 2022.

As the country waits with bated breath, one thing is clear – the new leadership at the Bank of Uganda will play a critical role in shaping Uganda’s economic future.