Central Banking

Uganda govt approves Mutebile as new bank governor

The Ugandan parliamentary committee on appointments yesterday approved the nomination of Mr. Emmanuel Tumusiime Mutebile as the new Bank of Uganda governor. Sources said there were no dissenting views on Mutebile during his 45-minute interview with the committee chaired by the parliamentary speaker, Francis Ayume.

The 51-year-old Mutebile, who is currently the permanent secretary at the ministry of finance and secretary to the treasury, is set to replace Charles Kikonyogo whose contract expire