Bank of Uganda Governor Mutebile dies in Nairobi

Long serving Bank of Uganda ( BOU) Governor Emmanuel Tumusiime Mutebile is dead.

Mutebile passed away on Sunday while receiving treatment at a Nairobi hospital .

According to media reports Mutebile was admitted to the hospital on December after he collapsed due to complications related to diabetes.

The 72 -year- old economist is accredited for spearheading  the desitation of the Economic Reform Program that restored Uganda from the economic crises of the 1970s and 1980s.

Prior to his appointment as BOU governor he served as secretary to the treasury.

Central Bank of Kenya Governor Patrick Njoroge mourned his Ugandan counterpart as a man who worked diligently to forge closer ties within the East African Community (EAC)

In a statement, CBK governor stated that Mutebile “worked with his fellow Central Bank Governors to harmonise policies leading to the implementation of the East Africa Monetary Union”

“I am deeply saddened by the news this morning of the passing away of Prof. Emmanuel Tumusiime Mutebile. I interacted with the late governor on numerous occasions since my joining the Central Bank of Kenya in June 2015,” Njoroge stated.

“I am particularly grateful for his welcoming me into the community of East African Central Bank Governors and I cannot forget the many courtesies he extended to me.”