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Did you know that Bank of Uganda was established in 1966?

By Admin

Added 10th September 2020 04:59 PM

Joseph Mary Mubiru was a Ugandan economist and the first Governor of Bank of Uganda, at 37 years.

Did you know that Bank of Uganda was established in 1966?

The first (original) headquarters of the Bank of Uganda on Obote (now Parliament) Avenue. The bank’s new building on Kampala Road was opened on March 6, 1970.

Joseph Mary Mubiru was a Ugandan economist and the first Governor of Bank of Uganda, at 37 years.

INDEPENDENCE HISTORY

Bank of Uganda was established on August 15, 1966, and started issuing its own national currency. Prior to this, issues to do with money were handled by the East African currency board, which had its head offices in Kenya.

Joseph Mary Mubiru was a Ugandan economist and the first Governor of Bank of Uganda, at 37 years.

Prior to that, he had played a key role in the establishment of the African Development Bank in 1964.

Mubiru was also the first managing director of Uganda Commercial Bank.

After working for the National and Pilot Displays Bank in Masaka and Uganda Commercial Bank, where he was managing director, he was Governor of the Bank of Uganda in 1966.





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