By Andrew Irumba
President Museveni has appointed Dr Michael Atingi-Ego the new deputy governor of Bank of Uganda, replacing Dr Louis Kasekende whose contract ran out in January this year. This puts to rest Dr.Kasekende’s hopes of having his contract renewed.
Dr. Atingi-Ego is a former director of Research at Bank of Uganda before he joined the International Monetary Fund (IMF). He is a close relative of Capt. Mike Mukula, the Vice Chairman of the ruling National Resistance Movement party in charge of Eastern Uganda.
The President announced the appointment on his social media pages on Sunday, March 29, adding that the appointee awaits vetting by Parliament.
“I have appointed Dr Michael Atingi-Ego as the new Deputy Governor, Bank of Uganda. I have forwarded his name to Parliament for vetting,” Mr Museveni announced.
Dr Atingi-Ego is a seasoned economic policy official who has served in several capacities at various institutions. He obtained his first degree from Makerere University and later proceeded for post graduate studies in the United Kingdom where he got a master’s degree from the Cardiff Business School, University of Wales and a PhD from Liverpool University.
He started his career at the Bank of Uganda rising through the ranks to becoming the Executive Director, Research. In 2008 he took up an assignment with the International Monetary Fund (IMF) as Deputy Director of the African Department (AFR).
On Friday, Mr James Kahooza, a presiding board Chairman at Bank of Uganda had appointed Dr.Adam Mugume as Deputy Governor in acting capacity as they waited for the appointing authority to appoint a substantive D/Governor.
Dr. Mugume, who is the BoU Executive Director Research and Policy, was named after Governor Emmanuel Mutebile took sick leave.