Michael Atingi-Ego Explained

Michael Atingi-Ego
Birth Place:Uganda
Occupation:Economist
Years Active:1990 — present
Nationality:Ugandan
Citizenship:Ugandan
Deputy Governor of Bank of Uganda

Michael Atingi-Ego is a Ugandan economist, who was appointed Deputy Governor of the Bank of Uganda, on 29 March 2020. At the time of his appointment, he served as the executive director of the Macroeconomics and Financial Management Institute of Eastern and Southern Africa (MEFMI), based in Harare, Zimbabwe.[1]

Background and education

Atingi-Ego was born in Uganda. He attended local primary and secondary schools. He holds a bachelor's degree in Economics from Makerere University, Uganda's oldest and largest public university. His degree of Master of Arts in Economics was awarded by the Cardiff Business School, in the United Kingdom (UK). His Doctor of Philosophy degree, also in Economics, was obtained from the University of Liverpool, also in the UK.[1] [2]

Career

He started out at the Bank of Uganda. He rose through the ranks to become the executive director, of Research. In 2008 he took up an assignment with the International Monetary Fund (IMF) as deputy director of the African Department (AFR), based in Washington, DC. In September 2018, he was appointed as executive director at MEFMI.[1] [2] [3]

After vetting by the Ugandan parliament, he replaced Louis Kasekende, whose 10-year term at the central bank ended in January 2020.[1] [4] Dr Atingi-Ego assumed office as Deputy Governor of Bank of Uganda, on 3 August 2020.[5]

Other considerations

Atingi-Ego is credited with bringing a wealth of regional and international experience to his new office as Deputy Governor of the Bank of Uganda. While at the IMF, he contributed to IMF work on increasing effectiveness of capacity development and in modernising monetary policy frameworks in developing countries.[6]

In May 2022, Atingi-Ego was recognized by African Banker Magazine as the "Central Bank Governor Of The Year", in recognition of his efforts to tame inflation and maintain foreign exchange stability in Uganda.[7]

See also

External links

Notes and References

  1. Web site: . Museveni appoints Atingi-Ego as BoU deputy governor . 29 March 2020 . 4 April 2020 . Ismail Musa Ladu . Kampala.
  2. Web site: March 2020 . Profile of Michael Atingi-Ego, Executive Director of MEFMI . 4 April 2020 . Macroeconomics and Financial Management, Institute of Eastern and Southern Africa (MEFMI) . MEFMI . Harare.
  3. Web site: Watchdog Uganda . 30 March 2020 . Profile: Who is Dr Michael Atingi-Ego, the new Deputy Governor Bank of Uganda? . 4 April 2020 . Stephen Kalema . Kampala.
  4. Web site: BOU Deputy Governor Kasekende Has Handed Over Office Upon Expiry Of His Term . SoftPower Uganda . 14 January 2020 . Nixon Segawa . 4 April 2020 . Kampala.
  5. Web site: Dr. Michael Atingi-Ego assumes role as BoU Deputy Governor . 3 August 2020 . Eagle Uganda . 1 September 2020 . Eagle Uganda . Kampala.
  6. Web site: 29 March 2020 . Former IMF deputy MD Micheal Atingi-Ego appointed Bank of Uganda deputy governor . News24.co.ug . 4 March 2020 . News24 Uganda . Kampala.
  7. Web site: Atingi-Ego receives central bank governor of year award . . 2 June 2022 . Edgar R. Batte . 2 June 2022 . Kampala, Uganda.