M7 Backs Mutebile Reforms at BoU

M7 Backs Mutebile Reforms at BoU

President Museveni gave Bank of Uganda Governor Emmanuel Tumusiime-Mutebile a green light to carry out reforms at the Central Bank, it emerged today morning.

Mutebile on Wednesday morning surprised staff when he directed a massive reshuffle that saw senior officials redeployed and the Executive Director in charge of Supervision, Justine Bagyenda, replaced.

Mbabule fm is informed President Museveni met with Mutebile at State House during which the reshuffle was widely discussed.

Museveni had for long asked Mutebile to rebuild public confidence in the Central Bank by restructuring the human resource and getting rid of some officials.