NEWS EDITOR
FOLLOWING the untimely death of Governor Bank of Uganda Prof. Emmanuel Tumusiime Mutebile, the head of Parliament of Uganda Rt. Hon. Jacob Oulanyah and his deputy Rt. Hon. Annet Anita Among have expressed their heartfelt condolences to the family, banking fraternity and the Nation at lage for this great loss!
In his tweet today morning, Speaker Oulanyah has written, “Saddened by the demise of Prof. Emmanuel Tumusiime Mutebile. We salute him for meritorious service as Governor of the Bank of Uganda and suprentending economic recovery and stability. Commiserations to his family, banking fraternity and the nation at large.”
For Deputy Speaker Anita Among her tweet reads, “The great icon of our economic journey as a country, a banking genius and patriot has rested. We shall hold on to his legacy of Oulanyah to the service of his County.”
Mutebile who has struggled for his health for quite a long time breathed his last today Sunday morning at 5:30am, four days to his birthday celebrations.
A born of Kabale in Kigezi in a family of nine children, Mutebire has been a role model, and those who got an opportunity to meet him say, was a generous soul with an open heart to those who knew or didnt know him.
A former MUK Guild President, an economist and banker, Mutebire has served as Governor Bank of Uganda for the last 21years.
He attended Kigezi College for ‘O” Level, Makerere College School for his ‘A’ Level, admitted at Makerere University in 1970 for economics and politics.
He was however forced to flee Uganda in 1972 after his criticism for Idi Amin’s expulsion of the Indians. He fled to England through Tanzania, and was able to finish his studies at Durham University in October 1974.
After here, he joined Balliol College, Oxford for post graduate studies. He lectured and conducted research at the University of Dar es Salaam while pursuing his doctorate in economic.
When Amin was overthrown, Mutebile returned home and in 1979, was appointed deputy principal secretary to the president at the state house and then rose to senior economist in 1981 and then chief economist in 1984. In 1992 he became permanent secretary to the ministry of finance and planning and economic development.
In 2009, Nkumba University awarded him an honorary doctorate of philosophy for his contribution towards the development of the Uganda’s financial sector.
WHEN MUTEBILE FALL IN THINGS
He was appointed 9th Governor of Bank of Uganda on the 11th January 2001. He was re appointed for a five year term after his service on January 11th 2006 and has been in this office till he passed on today morning.
According to the Informer, Mutebile has been working as a visiting professor in the department of Economics at Makerere University since 2006. He is the chancellor of the International University of East Africa that was established in 2011.
He has worked as a consultant for World Bank, international monetary fund (IMF), The organization for Economic Cooperation and Development (OECD), the Macroeconomic and Financial Management institute of the Eastern and Central Africa (MEFMI) UK department for international cooperation, the North South Institute Canada and for the government of Rwanda Eritrea, Kenya and Nepal
Mutebire’s official burial arrangements will be communicated.
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