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deputy governor bank of uganda

Dr Louis Kasekende, who was the Deputy Governor Bank of Uganda, has handed over his office Monday, after the expiry of his contract and refusal by President Yoweri Museveni to renew the same. A senior economist who has worked in key positions of the banking sector, Louis A. Kasekende, 61, was named Deputy Governor of the Bank of Uganda on January 18 th 2010. However, this is no longer the case as even the most ordinary Ugandan can now find the institution at fault. Please enter your username or email address to reset your password. “The president will respond at his own time”, Mr Wanyama told this website. Commenting about the illicit cash on the plane, Abdu Katuntu (Bugweri County) said that there are two conflicting narratives; one of extra cargo on a plane chartered for the exclusive use of BoU, which indicates a breach in contract; the second, that on the chartered plane, there was extra cargo which was also printed currency but not destined for the BoU vault. This after, Dr Kasekende handed over office on Monday, January 13, 2020. Public servants are by law required to declare their wealth to the Inspector General of Government, at the start of every year. Leaked Bank of Uganda meeting called purposely to discuss strategizes on how to reclaim Crane Bank from its owners exposes the Deputy Governor Dr. Michael Atingi-Ego as new wine in an old bottle given that he has started from where his predecessor Louis Kasekende left the bank after his similar scheme failed. The contract of Prof. Kasekende, a man for years who has been seen as Prof. Emmanuel Mutebile’s natural successor, runs out on 13th January 2020. First to interact with the committee was Dr Michael Atingi-Ego, who was nominated for the position of Deputy Governor Bank of Uganda. The Investigator has a clue on Kasekende’s possible replacement… Watch this space. Close to a fortnight ago, The Investigator revealed that Kasekende had resolved to throw in the towel. According to News Post website, knowledgeable sources say the president could be still ‘widely consulting’ after it emerged that there are cliques [at the Central Bank, fighting to bring down each other]. From the World Bank, Kasekende served at the Africa Development Bank (AfDB) as its chief economist from 2006 to 2009. The Director of Research at Bank of Uganda, Dr Adam Mugume, was on Friday assigned to perform the duties of the Deputy Governor of Bank of Uganda. 2010 to date: Deputy Governor BoU. Subscribe to receive Watchdog Uganda news in your email at no cost. I  have a strong affiliation with Bank of Uganda. The contract of Dr Louis Kasekende, the Deputy Governor Bank of Uganda is left with only two weeks to end, Watchdog Uganda has learnt. The investigations revealed a lot of mess especially in the administration and monitoring departments. Although appointed to fulfil the duties of the Office of the Deputy Governor, Dr. Adam Mugume is technically not an Acting Deputy Governor as the president is the only constitutional authority that appoints the Governor and his deputy. Bank of Uganda (BoU) may soon have a new deputy Governor as the days of Prof. Louis Kasekende are running out. Kampala – President Museveni, on Sunday, March 28, nominated Dr. Michael Atingi-Edo as incoming Deputy Governor of Bank of Uganda forwarding his credentials for vetting by Parliament, RedPepper Digital‘s Maurice Muhwezi shares The announcement was made through President Museveni’s official Twitter account acknowledging the development with immediate … He added, “The effects of what is going on in BoU is going to affect us all badly.”. “And therefore, from January 13th 2020, you should find me at Buloba and not Kololo,” a family source had quoted Kasekende as having announced his move. In her 7 th April 2020 letter, Kadaga wrote: “Reference is made to your letter addressed to me, Ref: P0/19 dated 28th March, 2020, in which you forwarded the name of Dr. Michael Atingi-Ego for Parliamentary approval as Deputy Governor, Bank of Uganda. Pursuant to Article 161 of the Constitution of the Republic of Uganda, and the Rules of Procedure of the Parliament of Uganda… “That second narrative is correct which is criminal and has wide implications on the credibility of our currency and the running of the Bank with the possibility of negatively impacting the economy,” he said. The Independent can exclusively report that Mutebile’s replacement is likely to be a totally unexpected choice.. Newz Post says, by extending Kasendeke’s contract [for another five years] Mutebile’s camp [whose contract expires in January 2021] would have lost the battle. Dr Michael Atingi-Ego has been appointed as the new Deputy Governor, Bank of Uganda (BoU), by President Museveni. 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. Michael Atingi-Ego . The scandal led to State House‘s anti corruption Czar Edith Nakalema move to arrest several bank officers, although their supervisors weren’t booked. President Yoweri Museveni is said to be troubled about the governance, infighting and scandals at Bank of Uganda. The current governor is Emmanuel Tumusiime-Mutebile, who was first appointed to this position on 1 January 2001, and was re-appointed for a second five-year term on 1 January 2006. This marked the second time that he was appointed to this office, having served in the same capacity from 1999 until 2002. But this was a bounce back as he had served in the same capacity from 1999 to 2002. I have also appointed Dr Michael Atingi-Ego as the new Deputy Governor, Bank of Uganda. Public members’ and hitherto relaxed journalists’ curiosity made them follow to the letter, all the investigations in this ‘anomaly.’. Dr. Atingi-Ego has assumed his role as the Deputy Governor, Bank of Uganda following his appointment by His Excellency the President on 23 April 2020. Kampala, Uganda | HAGGAI MATSIKO | President Yoweri Museveni is looking to replace his long-serving Bank of Uganda Governor, Emmanuel Tumusiime Mutebile. Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has appointed John Musinguzi Rujoki as new Uganda Revenue Authority Commissioner General and named Dr Michael Atingo-Ego Bank of Uganda deputy governor. MEFMI is a multinational capacity building institute based in Harare, Zimbabwe. “Things like the Governor being the Board Chairman has to be changed; it means that he reports to himself and dictates how things should be run without being questioned,” Katuntu added. 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