Emmanuel Tumusiime Mutebile died in the early hours of Sunday morning at Nairobi Hospital.
Mutebile, a Ugandan economist and banker, has been the governor of Uganda’s central bank, the Bank of Uganda, since 2001.
The 73-year-old, who was born on January 27th, 1949, was reappointed for a second 5-year term on January 1st, 2006.
Mutebile was said to have been battling health issues for several years before passing away in Nairobi, where he had been staying for a few months.
His death got several of his friends, family, and followers devastated. Some people have expressed their sorrow on social media.
The renown journalist Andrew Mwenda described Emmanuel Mutebile as a great architect of Uganda’s economic recovery in his tweet on the death of the notable economist.
“Emmanuel Tumusiime Mutebile, this great architect of Uganda’s economic recovery, this titan of our banking industry, this intelligent, magnanimous and generous soul, this friend of all and enemy of no one, rested this morning at 5.30am. RIP my friend! You have been a true giant!” Mwenda tweeted.
Professor Barnabas Nawangwe, Vice Chancellor of Makerere University, has also expressed his sadness over Mutebile’s death.
“I am saddened by the news of the passing on of our gallant alumnus Prof. Emmanuel Tumusiime-Mutebile who has also been the Governor of the Bank of Uganda. While at Makerere, Professor Mutebile served as Guild President.” Professor Barnabas Nawangwe tweeted
Emmanuel Tumusiime Mutebile Biography, Early Life, Marital Status, Career, Net worth
Tumusiime-Mutebile was a Ugandan economist and banker who lived from 27 January 1949 to 23 January 2022. From 2001 until his death in 2022, he was the governor of the Bank of Uganda, Uganda’s central bank.
Tumusiime-Mutebile completed his O-Levels at Kigezi College Butobere (grades S1-S4). He then completed his A-Level studies at Makerere College School in Kampala, Uganda (grades S5-S6). Emmanuel Tumusiime Mutebile enrolled at Makerere University in 1970. He got electe as the president of the university Students’ Guild.
He flee forcefully from Uganda in 1972 after publicly criticizing Idi Amin’s expulsion of Asians from the country. Emmanuel Tumusiime Mutebile fled to England via Tanzania, where he completed his studies at Durham University, earning an upper-second in Economics and Politics.
He began his post-graduate studies at Balliol College, Oxford, in October 1974, before returning to East Africa. While pursuing his doctorate in economics, he enrolled at the University of Dar es Salaam to lecture and conduct research.
Tumusiime-Mutebile held several government positions in Uganda between 1979 and 1984, beginning as a deputy principal secretary to the president at State House in 1979, progressing to undersecretary in the Ministry of Planning in 1981, where he rose to senior economist and then chief economist in 1984. He was appointed permanent secretary to the newly combined ministry of finance, planning, and economic development in 1992, a merger he had advocated for while working for Minister of Finance Gerald Ssendaula.
Emmanuel Tumusiime Mutebile as Governor
From 2001 until his death in 2022, he was the governor of the Bank of Uganda. He is the Bank of Uganda’s longest-serving chief executive and Africa’s longest-serving central bank governor. Many Ugandans Credit Emmanuel Tumusiime Mutebile of Uganda’s sound economic policies implemented at the urging of the central bank during the 1990s and the first decade of the 2000s.
He has been a visiting professor in the Department of Economics at Makerere University, Uganda’s oldest and largest university, since 2006. Tumusiime-Mutebile was the chancellor of the International University of East Africa, a private university founded in 2011 with an urban campus in Uganda’s capital, Kampala.
Nkumba University, a private university near Entebbe, awarded him an honorary Doctor of Philosophy degree in 2009 in recognition of his “significant contribution to the development of Uganda’s financial sector.”
Tumusiime died on January 23, 2022, at the age of 72, in Nairobi. Prior to his death, he was suffering from diabetes-related complications.
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