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Emmanuel Tumusiime-Mutebile

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Emmanuel Tumusiime-Mutebile
Born(1949-01-27)27 January 1949
Kabale District, Uganda
Died23 January 2022(2022-01-23) (aged 72)
Nairobi, Kenya
Alma mater
Occupation(s)Economist and Central Banker
Years active1979–2022
Known forEconomics, fiscal discipline
TitleGovernor, Bank of Uganda
HonoursHonorary PhD, Nkumba University

Emmanuel Tumusiime-Mutebile (27 January 1949 – 23 January 2022) was a Ugandan economist and banker. He served as the governor of the Bank of Uganda, the central bank of Uganda from 2001 until his death on 23 January 2022.[1]

Life and career

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Tumusiime-Mutebile attended Kigezi College Butobere for his O-Level studies (grades S1-S4).[2] He then attended Makerere College School in Kampala, Uganda, for his A-Level studies (grades S5-S6).[3] In 1970, he entered Makerere University, where he was elected president of the university Students' Guild.[3]

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, graduating with an upper-second in Economics and Politics.[4] 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.

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.[5]

He was the governor of the Bank of Uganda from 2001 until his death in 2022.[6] He is the longest-serving chief executive in the Bank of Uganda's history as well as the Africa’s longest-serving central bank governor at the time of his death.[7][8] 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.[5][9]

Since 2006, he was a visiting professor in the Department of Economics at Makerere University, the oldest and largest university in Uganda. Tumusiime-Mutebile was the chancellor of the International University of East Africa, a private university established in 2011, with an urban campus in Kampala, Uganda's capital.[10] 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".[11]

Tumusiime died in Nairobi on 23 January 2022, at the age of 72. He suffered from diabetes related complications prior to his death.[12][13]

See also

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References

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  1. ^ "Bank of Uganda Governor Mutebile dies in Nairobi". The East African. 24 January 2022. Retrieved 26 February 2022.
  2. ^ Ssekika, Edward (14 August 2011). "Mbabazi, Mutebile to revive tormer school". The Observer (Uganda). Kampala. Archived from the original on 15 July 2015. Retrieved 15 July 2015.
  3. ^ a b Badagawa, Philimon (27 June 2014). "Who Is Prof. Emmanuel Tumusiime-Mutebile". Kampala: Uganda Campus Times. Archived from the original on 3 October 2016. Retrieved 29 September 2016.
  4. ^ "Gazette, XXI". Durham University Archive. Retrieved 3 December 2018.
  5. ^ a b Kiggundu, Edris (22 February 2012). "Tumusiime-Mutebile faces uncertain future". The Observer (Uganda). Kampala. Retrieved 29 July 2014.
  6. ^ "Bank of Uganda Governor Emmanuel Tumusiime-Mutebile dies in Nairobi". NTV Uganda. 23 January 2022. Retrieved 23 January 2022.
  7. ^ Ojambo, Fred. "Tumusiime-Mutebile, Africa's Longest-Serving Bank Governor, Dies". Bloomberg.
  8. ^ Wafula, Walter (14 November 2010). "Can Governor Mutebile live up to his promise?". Daily Monitor. Retrieved 29 July 2014.
  9. ^ Weiwei, Hu (8 April 2009). "Uganda's Economy Remains Positive despite Global Recession". English.Cri.Cn Quoting Xinhua. Archived from the original on 16 October 2012. Retrieved 29 July 2014.
  10. ^ Otage, Stephen (25 March 2014). "Varsity Names Mutebile Its New Chancellor". Daily Monitor. Retrieved 29 July 2014.
  11. ^ Bagadawa, Philimon (15 November 2009). "Nkumba University Shopping for 150 Computers". The Observer (Uganda). Retrieved 29 July 2014.
  12. ^ "BREAKING! BoU Governor Mutebile dies in Nairobi hospital". The Kampala Report. 23 January 2022. Retrieved 23 January 2022.
  13. ^ David Jack Tumusiime (23 January 2022). "Bank of Uganda Governor Tumusiime Mutebile Dead". Nile Post Uganda. Kampala, Uganda. Retrieved 23 January 2022.
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