The Governor of the Bank of Uganda is chief executive officer and the chairman of the board of directors of the Bank of Uganda. The current governor was Emmanuel Tumusiime-Mutebile, who was first appointed to this position on 1 January 2001, and was re-appointed for a second five-year term on 1 January 2006. In November 2010, he was re-appointed for a third five-year term, effective 12 January 2011.[1] In December 2015, he was re-appointed for a fourth five-year term, effective 12 January 2016.[2]
The Bank of Uganda Act stipulates that the governor and deputy governor of the Bank of Uganda shall be appointed by the President of Uganda with the consent of the Cabinet. The governor and deputy governor shall be appointed for a period of five years and shall be eligible for reappointment. The act further stipulates that the governor and deputy governor shall not, while in office, take up any other office or employment, whether paid or unpaid. It is a requirement, that both the governor and deputy governor, shall be individuals with recognised financial or banking experience.[3]
Responsibilitiesedit
The responsibilities of the Governor of the Bank of Uganda include the following:[3]
Acting as the supervisor of the bank's staff, assigning duties, and receiving and acting on reports from the staff.
Convening and presiding over the meetings of the bank's board of directors.
Governors of the Bank of Uganda (Year 1966 to present)edit
The following individuals have served as "Governor of the Bank of Uganda", since the institution was founded in 1966.[4][5]
^Mukasa Mutibwa, Phares (2006). The Bank of Uganda (1966–2006) : a historical perspective. Kampala: Bank of Uganda. p. 367. ISBN997007038X. OCLC 162119370.
May 03, 2024
governor, bank, uganda, chief, executive, officer, chairman, board, directors, bank, uganda, current, governor, emmanuel, tumusiime, mutebile, first, appointed, this, position, january, 2001, appointed, second, five, year, term, january, 2006, november, 2010, . The Governor of the Bank of Uganda is chief executive officer and the chairman of the board of directors of the Bank of Uganda The current governor was Emmanuel Tumusiime Mutebile who was first appointed to this position on 1 January 2001 and was re appointed for a second five year term on 1 January 2006 In November 2010 he was re appointed for a third five year term effective 12 January 2011 1 In December 2015 he was re appointed for a fourth five year term effective 12 January 2016 2 Contents 1 Appointment 2 Responsibilities 3 Governors of the Bank of Uganda Year 1966 to present 4 See also 5 ReferencesAppointment editThe Bank of Uganda Act stipulates that the governor and deputy governor of the Bank of Uganda shall be appointed by the President of Uganda with the consent of the Cabinet The governor and deputy governor shall be appointed for a period of five years and shall be eligible for reappointment The act further stipulates that the governor and deputy governor shall not while in office take up any other office or employment whether paid or unpaid It is a requirement that both the governor and deputy governor shall be individuals with recognised financial or banking experience 3 Responsibilities editThe responsibilities of the Governor of the Bank of Uganda include the following 3 Acting as the supervisor of the bank s staff assigning duties and receiving and acting on reports from the staff Convening and presiding over the meetings of the bank s board of directors Governors of the Bank of Uganda Year 1966 to present editThe following individuals have served as Governor of the Bank of Uganda since the institution was founded in 1966 4 5 Name In office Joseph Mary Mubiru July 1966 September 1971 Moses Ssemyano Kiingi September 1971 September 1973 Onegi Obel September 1973 September 1978 Henry Kajura October 1978 April 1979 Charles Kikonyogo April May 1979 Gideon Nkojo May 1979 April 1981 Leo Kibirango May 1981 December 1986 Suleiman Kiggundu December 1986 April 1990 Charles Kikonyogo May 1990 May 2000 Emmanuel Tumusiime Mutebile January 2001 January 2022See also editBank of Uganda Louis KasekendeReferences edit Mutebile Reappointed As Bank of Uganda Governor New Vision Kampala 10 November 2010 Archived from the original on 10 August 2014 Retrieved 6 March 2015 Mwesigwa Alon 23 December 2015 Mutebile s contract renewed The Observer Uganda Kampala Retrieved 29 September 2016 a b The Bank of Uganda Act of 1993 PDF Bank of Uganda 14 May 1993 Retrieved 6 March 2015 Bank of Uganda Governors 1966 Now Bank of Uganda 2012 Retrieved 6 March 2015 Mukasa Mutibwa Phares 2006 The Bank of Uganda 1966 2006 a historical perspective Kampala Bank of Uganda p 367 ISBN 997007038X OCLC 162119370 Retrieved from https en wikipedia org w index php title Governor of the Bank of Uganda amp oldid 1221796822, wikipedia, wiki, book, books, library,
