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Michael Atingi takes over as BOU Deputy Governor

By Ali Twaha

Added 4th August 2020 07:08 AM

He is a seasoned economist who has served in several capacities at various institutions

Michael Atingi takes over as BOU Deputy Governor

He is a seasoned economist who has served in several capacities at various institutions

Dr Michael Atingi has officially taken over his new role as Deputy Governor as the Bank of Uganda. 

Atingi was appointment by President Yoweri Museveni on April 23, 2020. Atingi who was in the US was unable to assume office immediately as COVID-19 lockdowns globally restricted movements. 

Atingi is a seasoned economist who has served in several capacities at various institutions succeeded Louis Kasekende whose contract expired on January 18, after a decade serving in the same position. 

Atingi started his career at BoU in August 1984, rising through the ranks to become the executive director, research. 

His research and publications focused on macroeconomic and financial policies and statistics, and he was an eminent resource in capacity building and a consultant on monetary operations and balance of payments in East, West, and Southern Africa.

In 2008 he took up an assignment with the International Monetary Fund (IMF) serving as Deputy Director of the African Department (AFR).  While at the IMF, he was instrumental in enhancing the effectiveness of capacity development; modernising monetary policy frameworks in developing countries; and improving macroeconomic statistics in sub-Saharan Africa.  

In addition, he was deeply involved in the Fund's work on data management across the institution besides providing strategic guidance to many IMF African country teams on programme and surveillance work.

From September 2018 until the date of his appointment as Deputy Governor, Bank of Uganda, Atingi was the Executive Director of the Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI).  MEFMI is a multinational capacity building institute based in Harare, Zimbabwe.

Atingi holds a PhD in Economics from Liverpool University (1996), a MSc. Economics in International Economics and Banking from Cardiff Business School, University of Wales (1991), and a BSc. Economics from Makerere University.

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