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State House speaks out on appointment of new Bank of Uganda Governor

Mubiru Ivan by Mubiru Ivan
3 years ago
in National, News
66 3
Mr. Faruk Kirunda

Mr. Faruk Kirunda

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State House has dismissed reports that President Yoweri Museveni has appointed a new Bank of Uganda Governor.

According to the Deputy Presidential Press Secretary, Mr. Faruk Kirunda, President Museveni is yet to appoint any person to fill the vacant Central Bank Governor position.

“It is not true that H.E the President has appointed a new Governor, BOU. In case such an appointment is made, the public will be informed through official channels,”Mr Kirunda tweeted on Saturday.

Earlier today, reports have been making rounds on social media claiming that President Museveni had appointed former Prime Minister Mr. John Patrick Amama Mbabazi as the new Governor of Bank of Uganda.

The position of Governor fell vacant following the death of Prof.Emmanuel Tumusiime Mutebile.

Mutebile died in January this year at Nairobi Hospital, according to an announcement made by Deputy Governor Micheal Atingi-Ego. He was 72.

Mutebile was admitted to Nairobi Hospital after he collapsed due to complications related to diabetes.

Prof. Mutebile, was a seasoned professional economist who served as Governor and Chairman of the Board of Directors of the Bank of Uganda since 2001, and had just started a new term of office for which he was reappointed in 2021. He served as secretary to the treasury from 1992 to 2001, when he was appointed governor.


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