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Mutebile gets reappointed as BoU Governor― but what are some of the numbers underpinning his two-decade reign? Although he has presided over robust growth of the financial services sector in his 19-year reign, Mutebile’s lowest point in his career was the 2018/19 parliamentary probe that found that BoU culpable in the irregular and mismanaged closure and sale of 7 defunct banks.
Mutebile was lauded for restoring the economy of Uganda, ravaged by long periods of instability in 1970s and 1980s, through rigorous economic reform programmes