Nationality Ugandan Role Economist Ethnicity Mukiga Residence Kampala, Uganda | Citizenship Uganda Titles Governor, Bank of Uganda Years active 1979 — present | |
Born 27 January 1949 (age 75) ( 1949-01-27 ) Kabale District, Uganda Alma mater Durham University(BSc in Economics)Balliol College, University of Oxford(MSc in Economics)University of Dar es Salaam(PhD in Economics)Nkumba University(Honorary Doctor of Philosophy) Occupation Economist & Central Banker Name Emmanuel Tumusiime-Mutebile Education University of Dar es Salaam, Balliol College, Makerere University, University of Oxford, Durham University | ||
Mutebile admits errors in Commercial Bank closures
Emmanuel Tumusiime-Mutebile PhD, is a Ugandan economist and banker. He is the governor of the Bank of Uganda, the central bank of Uganda. He was first appointed to that position on 1 January 2001 and was re-appointed for a second five-year term on 1 January 2006. In December 2015, he was re-appointed for a fourth five-year term, effective 12 January 2016.
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History
Tumusiime-Mutebile attended Kigezi College Butobere for his O-Level studies (grades S1-S4). He then attended Makerere College School in Kampala for his A-Level studies (grades S5-S6). In 1970, he entered Makerere University, where he was elected president of the university students' guild, with the intention of studying economics and politics.
He was forced to flee Uganda in 1972 after he gave a speech publicly criticizing the expulsion of Asians from the country by Idi Amin. He fled to England via Tanzania, and was able to finish his studies at Durham University. In October 1974, he began his post-graduate studies at Balliol College, Oxford, before returning to East Africa. He entered the University of Dar es Salaam to lecture and conduct research while pursuing his doctorate in economics. In 2009, Nkumba University, a private university based in Nkumba near Entebbe, awarded him an honorary Doctor of Philosophy degree in recognition of his "great contribution towards the development of Uganda's financial sector".
Career
Between the year 1979 and 1984, Tumusiime-Mutebile was appointed to several government positions in Uganda ranging from deputy principal secretary to the president at State House in 1979, to undersecretary in the ministry of planning in 1981 where he rose to senior economist and then chief economist in 1984. In 1992, he was appointed permanent secretary to the newly combined ministry of finance planning & economic development, a merger that he had advocated while working under Minister of Finance Gerald Ssendaula.
He is the longest serving chief executive in the Bank of Uganda's history. He is credited with many of the sound economic policies adopted by the Uganda government at the urging of the central bank during the 1990s and the first decade of the 2000s.
Other responsibilities
Since 2006, he has been a visiting professor in the Department of Economics at Makerere University, the oldest and largest university in Uganda. Tumusiime-Mutebile is the chancellor of the International University of East Africa, a private university established in 2011, with an urban campus in Kampala, Uganda's capital.