The Governor Bank of Uganda Emmanuel Tumusiime Mutebile is dead.

Mutebile passed away on 23/1/2022 at 5:30 at Nairobi Hospital Where he has been battling with illness for long

Until his death he has been Ugandan economist. A bank Governor since ,2001 when he was first appointed as a Governor till date.

By virtue of being BOU’s chief executive, Mutebile was the chief monetary, fiscal and economic advisor to the government, introducing several policies like monetary policy, inflation targeting and many others. He will be remembered for speaking out against the government’s high appetite for debt, frustrating the development of cryptocurrency in the country among others.

He is also remembered for spearheading the design and implementation of the Economic Reform program that restored Uganda from the economic crises of the 1970s and 1980s to sound economic performance during his service as the Permanent Secretary/Secretary to the Treasury in the ministry of finance, planning, and economic development.

Mutebile attended Kigezi College Butobere and Makerere College School in Kampala, before joining Makerere University in 1971, where he was a Guild President, and the institute will remember him as a pillar. He however completed his undergraduate studies at Durham University in England, after fleeing Uganda having made a scathing attack on the then government decision to expel Asians from the country.

While there, he began his post-graduate studies at Balliol College, Oxford in 1974, but went to the University of Dar es Salaam to lecture and conduct research while pursuing his doctorate in economics.