Uganda’s President Yoweri Museveni has appointed Michael Atingi-Ego as the country’s new Central Bank Governor.

Presidency spokesperson, Sandor Walusimbi, confirmed the appointment on Monday in Nairobi, adding that Atingi-Ego had previously worked for the central bank in a senior position, then left and returned in 2020 as deputy governor.

He has been the acting head of the bank since the death of long-serving former Governor, Emmanuel Tumusiime-Mutebile in 2022.

The bank appointed Augustus Nuwagaba, an Economist at Uganda’s largest public university, Makerere, as Atingi-Ego’s Deputy, NTV Uganda, Daily Monitor newspaper and Uganda Broadcasting Corporation reported.