The deputy governor of Bank of Uganda Michael Atingi-Ego has been appointed by President Yoweri Museveni as the full governor of the country’s central bank, according to media reports on Monday.
He has been serving the finance sector regulator in acting capacity since the death of Emmanuel Tumusiime – Mutebile in Januaury 2022.
Atingi-Ego will be replaced by economist Augustus Nuwagaba as the new deputy governor. In 2022, Nuwagaba, and many others including the now PSST at the ministry of finance, Ramathan Ggoobi, and former MUBS Principal Wasswa Balunywa, had been tipped to replace Mutebile but it never happened leaving Atingi-Ego to continue at the helm of the central bank in acting capacity.
Atingi-Ego was appointed deputy governor by Museveni in 2020. Before that, he had worked as Executive Director of the Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI) from September 2018.
He started career at the BoU in August 1984, advancing to Executive Director of Research. He researched and published on macroeconomic and financial policies and statistics.
