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Prof. Emmanuel Tumusiime-Mutebile, Bank of Uganda’s longest-serving Governor, dies at 72 years During his time, the banking industry has prospered and strengthened. Industry assets have grown by more than 20 times from UGX1.85 trillion that he inherited to UGX38.2 trillion as at the end of 2020- a growth of 3730%. Deposits too grew by 20% from UGX1.33 trillion to UGX26.8 trillion- a growth of 2580%. Lending also grew by 1530% from a mere loan portfolio of just UGX530 billion to UGX16.3 trillion at the end of 2020.

by Muhereza Kyamutetera
Prof. Emmanuel Tumusiime-Mutebile died on Monday aged 72 years
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Prof. Emmanuel Tumusiime-Mutebile, Bank of Uganda’s longest-serving Governor and Chairman of the Board of Directors, since 2001, has died. He was aged 72 years. Born on January 27th, 1949, he has died 4 days before his birthday. Details of his passing are yet to unveil, but according to various sources, he has been unwell and admitted to Aghakhan Hospital, Nairobi on life support. He

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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.