PRESIDENT Yoweri Museveni has for the second time appointed Louis Kasekende as the deputy governor of the Bank of Uganda (BOU).
Kasekendeâ€™s five-year term in office commences today, a statement issued by the governor, Emmanuel Tumusiime-Mutebile, said.
â€œDr. Kasekende brings more than 30 years experience of central banking, macro-economic management and international finance to the post,â€ the statement from the bank added.
Kasekende commenced his career with Bank of Uganda in 1986 and has served in different capacities, including being the director of the research department and the executive director for research and policy.
He rose to the post of deputy governor to which he was first appointed in 1999.
Kasekende also served as the executive director to the World Bank from 2002 to 2004, where he represented 22 African countries, including Uganda, on the bankâ€™s executive board. From May 2006 to 2009, he served the Africa Development Bank (AfDB) as its chief economist.
During his tenure, he played a leading role in the AfDBâ€™s efforts to help African economies withstand the impact of the global economic crisis.
Kasekende was also the AfDBâ€™s spokesperson on socio-economic and development issues of importance to the continent.
As a chief economist, he also supervised the development research department, the statistics department and the African Development Institute.
Kasekende also worked as a part-time lecturer at Makerere University from 1988 to 1994.
Kasekende holds a first class Bachelorâ€™s degree in economics from Makerere University, as well as a Masters degree in economics.
He also has a doctorate in Econometrics from the University of Manchester, in the UK.
The newly appointed deputy governor has been widely published in journals and books on a wide range of economic subjects.
Kasekende is BOU deputy governor