Dr. Michael Atingi-Ego has been vetted as the Governor of the Bank of Uganda after serving in an acting capacity for three years. He officially replaces the late Prof. Emmanuel Tumusiime-Mutebile, who passed away in 2022 at Aga Khan Hospital in Nairobi. He was vetted by the appointments committee of parliament chaired by the Speaker Anita Among.
On Monday, President Yoweri Museveni appointed Dr. Atingi-Ego as the new Governor of the Bank of Uganda and named Prof. Augustus Nuwagaba as Deputy Governor.
Atingi-Ego has served as Deputy Governor of the Bank of Uganda since April 23, 2020. According to the Bank of Uganda’s website, he was on leave from the International Monetary Fund (IMF) when he took on the role of Executive Director at the Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI) in September 2018. MEFMI, based in Harare, Zimbabwe, is a regional capacity-building institute.
Previously, he served as Deputy Director in the IMF’s African Department from June 2008, where he played a key role in enhancing capacity development, modernizing monetary policy frameworks in developing countries, and improving macroeconomic statistics in sub-Saharan Africa. Additionally, he contributed to the IMF’s data management initiatives and provided strategic guidance to African country teams on economic programs and policy oversight.
Atingi-Ego began his career at the Bank of Uganda in August 1984 and later rose to the position of Executive Director for Research. His work focused on macroeconomic and financial policies, statistics, and monetary operations. He has also served as a consultant in East, West, and Southern Africa.
He 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 BSc in Economics from Makerere University.
Atingi-Ego returns to the Bank of Uganda with extensive regional and international experience, strong managerial and communication skills, and a commitment to advancing the institution’s goals through professional leadership on key policy and governance matters.
