Emmanuel Tumusiime-Mutebile, the Governor of the Bank of Uganda, died in Nairobi.
Emmanuel Tumusiime Mutebile, the Governor of the Bank of Uganda, has died. According to Deputy Governor Micheal Atingi-Ego’s declaration, Mutebile died this morning at Nairobi Hospital.
He was 72 years old. Mutebile was brought to Nairobi Hospital on Sunday, December 31, 2021, after collapsing owing to diabetic issues. He has been in and out of the hospital with the same difficulties in previous years.
Prof. Emmanuel Tumusiime-Mutebile, a seasoned professional economist, has served as Governor and Chairman of the Board of Directors of the Bank of Uganda since 2001 and has recently begun a second term for which he has been reappointed thru 2021.
From 1992 until 2001, he was Secretary of the Treasury before being named Governor.
During his tenure as Permanent Secretary/Secretary to the Treasury in the Ministry of Finance, Planning, and Economic Development, he spearheaded the design and implementation of the Economic Reform Program, which helped Uganda recover from the economic crises of the 1970s and 1980s and return to sound economic performance.
He has also worked as a consultant for multilateral and regional organizations such as the World Bank, the International Monetary Fund, the Organization for Economic Cooperation and Development, the Macroeconomic and Financial Management Institute of East and Central Africa, the UK Department for International Development, the North-South Institute in Canada, and the governments of Rwanda, Kenya, Tanzania, Eritrea, and Nepal.