By Spy Uganda
The management and staff of Centenary Centenary Bank are mourning the demise of their Executive Director, Dr Simon Kagugube, who passed away Saturday afternoon, aged 65.
Centenary bank’s Managing Director, Fabian Kasiconfirmed Dr Kagugube’s death on Saturday, although he didn’t divulge details.
Kagugube was alsl the Chairman Board of Directors at Uganda Revenue Authority (URA) and the board chairperson for Monitor Publications Limited, a subsidiary of the Nation Media Group (NMG) in Nairobi.
Family sources reveal that he died at Nakasero hospital where he had been admitted for days.
A family source also revealed that the deceased had been on life support for days after he suffered a heart attack.
Kagugube was born on January 1, 1955 and attended local elementary and secondary schools.
He was admitted to Makerere University, Uganda’s oldest and largest public university, where he obtained a Bachelor of Laws degree.
He later obtained a Diploma in Legal practice, from the Law Development Centre. He was then admitted to the Uganda Bar, as a practicing attorney.
His degree of Master of Laws in Corporation Law, Taxation and International Trade Systems, was awarded by Yale University, in the United States. He also held a Doctor of Science of Law, also awarded by Yale University. His doctoral specialization was in Immigration, Refugees and Asylum Law.
His other academic qualifications included a Certificate in Public Finance from University of Bath and a certificate in the Commonwealth Tax Inspectors’ course.
Dr Kagugube worked at the Uganda Revenue Authority, as Commissioner for Value Added Tax and while there, served temporarily as Deputy Commissioner General of the agency.
In the early 2000s, he worked at PricewaterhouseCoopers Uganda as the Director of Tax and Legal Services, while simultaneously serving as the chairman of the board at Centenary Bank.
He was later appointed to the Board of Nation Media Group, as an independent non-executive director in September 2011.
Kagugube was also the president of the East African School of Taxation, a private institution based in Kampala, Uganda’s capital city.
Funeral arrangements will be communicated in our subsequent updates.