Just of recent during the general business meeting, the Bank of Uganda (B0U) finally appointed Dr. Adam Mugume as the official Ag. Deputy Governor replacing Luis Kasekende, who resigned 3 months ago.
During the Board meeting yesterday on the 27th of March, Doctor Adam Mugume who was the former Executive Director of Research in Bank of Uganda, was chosen to execute the office of the Deputy Governor until a substantive Deputy Governor is appointed to take over the main duties.
Dr. Mugume’s replacement is considered with immediate effect and was further requested to cooperate with the rightful terms and conditions to sustain his position. Louis Kasekende left the central bank immediately when his contract expired in January this very year.
Bank of Uganda has been interchanging it’s employees every year and most of them work through contracts. The professional Doctor and a business personnel alias Adam was appointed because of his potential and capability for that position in the Bank.
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