Dr. Michael Atingi-Ego has been appointed as the new Governor of the Bank of Uganda, while Augustus Nuwagaba has been named the new Deputy Governor. Atingi-Ego has previously served as the Deputy Governor of the Bank of Uganda since his appointment in 2020.
His appointment ends a three-year period without a substantive head at the central bank following the death of Emmanuel Tumusime-Mutebile in January 2022.
Who is Dr. Atingi-Ego?
Atingi-Ego, a seasoned economic policy official, holds a PhD in Economics from Liverpool University (1996), an MSc in International Economics and Banking from Cardiff Business School, University of Wales (1991), and a Bachelor of Science in Economics from Makerere University.
He began his career at the Bank of Uganda in August 1984, where he rose to the position of Executive Director of Research.
As Executive Director of Research, his work focused on macroeconomic and financial policies as well as statistics.
In 2008, he took up an assignment with the International Monetary Fund (IMF) as Deputy Director of the African Department (AFR), where he played a key role in enhancing the effectiveness of capacity development, modernizing monetary policy frameworks in developing countries, and improving macroeconomic statistics in sub-Saharan Africa.
While on leave from the IMF in September 2018, he served as the Executive Director of the Macroeconomic and Financial Management Institute of Eastern and Southern Africa, based in Harare, Zimbabwe.
He left the position in 2020 when he was appointed Deputy Governor of the Bank of Uganda, a role he has held until today, when he was named the central bank’s top executive.
