Atingi-Ego appointed BoU deputy governor

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Dr Michael Atingi-Ego has been appointed as substantive Deputy Governor, Bank of Uganda, replacing Dr Louis Kasekende.

The appointment by President Museveni comes only three days after Adam Mugume was appointed in acting capacity for the Deputy Governor.

Dr Michael Atingo-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 also 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).