KAMPALA, (UG):- President Yoweri Museveni has appointed Prof Augustus Nuwagaba as Deputy Governor Bank of Uganda, replacing Dr Michael Atingi-Ego who has since been elevated to be substantial Bank of BoU Governor, nearly three years since Prof Mutebile’s demise.
The appointment made public on Monday, February 10, sees Prof. Nuwagaba, 61, take on the role, subject to vetting and approval by the Parliamentary Appointments Committee.
He is an international consultant on economic transformation.
He is qualified (MBA) in application of central bank monetary policy on commercial bank competitiveness. Prof. Nuwagaba has worked intensively in analysis of fiscal metrics for governments in Africa, review of financial performance and analysis of tax policies.
He was a Consultant for the African Peer Review Mechanism under NEPAD, was a member of the African Regional Panel of Experts on Development.
Prof Nuwagaba is a member of the World Bank Consultative Group that developed the African Plan of Action. He was the team leader of FINSCOPE – Financial Penetration Project (2013). He was a team leader in Developing Financial Management and Training manual for Parliamentary Accountability Committees, a member of the audit committee of the Ministry of Finance Planning and Economic Development of Uganda, winner of the International Award for Significant Contribution to World Society.
Background and Education
Augustus Nuwagaba was born in 1964 in Kabale Municipality in the Western Region of Uganda, the sixth-born in a family of seven siblings.
He attended Kigezi High School from 1979 to 1985, serving as head prefect during his stay. In 1986. he entered Makerere University’s Faculty of Social Sciences, graduating in 1989. Later he graduated from the London School of Economics with the degree of Master of Science.
Nuwagaba returned to Makerere University and pursued studies leading to the award of the degree of Doctor of Philosophy in Economics, Inclusive growth and Poverty Eradication.
He also holds the degree of Master of Business Administration obtained from the Eastern and Southern African Management Institute majoring in monetary policy and commercial bank competitiveness.
Career
Nuwagaba has been a member of the teaching staff at Makerere University since he returned from his master’s degree studies in London in the early 2000s. He serves as the chairperson of the Makerere University Academic Staff Association.
He currently serves as the Managing Consultant at Reev Consult International Limited, a private consultancy firm, incorporated in Uganda in 2000.
Personal Life
Augustus Nuwagaba has been married to Lillian Nuwagaba since 1997. Together they are the parents of four children. He is of the Christian faith. He is a Rotarian with the Rotary Club of Muyenga District 9211 (Major Donor). He is the 34th President of the club serving in the Rotary year 2021-2022.
Congratulations Prof Augustus Nuwagaba upon your appointment as Deputy Governor Bank of Uganda!
Related
Send us your story or opinion on: dailyexpressug@gmail.com. You can also follow Daily Express on WhatsApp for all the latest news and updates.
