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Brief History|Vision|Mission|Values|Policy|Organisation & Staffing|Contact Info

BRIEF HISTORY
Established 15 August 1966, under the Bank of Uganda Act 1966, amended 1969 and then 1993.
OUR VISION
A monetary institution that upholds international best pratice in fostering price stability and a sound financial system conducive to macro-economic stability, sustained economic growth and poverty eradication.
OUR MISSION
To foster price stability and a sound financial system.
OUR VALUES
1. Commitment to Public Interest
Bank of Uganda is committed to fulfilling the needs of the public.
2. Customer Service Orientation
Bank of Uganda takes pride in offering the best services to each of its customers.
3. Ethics and Integrity
Bank of Uganda rigorously upholds professional ethics and integrity in all its activities.
4. Transparency
Bank of Uganda accepts and welcomes public scrutiny of all its transactions.
5. Leadership By Example
Bank of Uganda is committed to practising what it preaches at both the organisational and individual levels.
6. Teamwork
Bank of Uganda staff work together within and across organizational divisions.
7. Fairness
Bank of Uganda is committed to the fair treatment of customers, employees, and other stakeholders.
8. Confidentiality
Bank of Uganda mentains appropriate confidentiality in all transactions with its customers, employees, and other stakeholders.
POLICY

Monetary Policy
The Bank is in charge of Monetary Policy. Monetary policy decisions are made by the Monetary and Credit Policy Committee. The members are the Governor; the Deputy Governor; Executive Directors: Research, Finance, Supervision, Operations; Directors: Commercial Banking, Research, External Operations, Trade & External Debt and Legal Counsel. Other officers attend on invitation.
Supervision Policy
The Bank of Uganda is responsible for supervision of the banking sector (Financial Institutions Statute, 1993 and Intervention Policy By Government Of Uganda, 1997), through the Commercial Banking Department more...
Exchange Rate Regime: The currency (the Uganda Shilling), freely floats on the Foreign Exchange Market.

ORGANISATION & STAFFING

Ownership of Bank : 100% state ownership

Board of Directors (photos)
1. Mr. E. Tumusiime Mutebile  - Board Chairman
2. Mr. D. Opiokello  - Vice Chairman
3. Mr. Juma Wasswa Balunywa - Board Member.
4. Mr. Blasio Kiiza - Board Member
5. Dr. Gertrude Sebunnya Muwanga - Board Member
6. Mr. C. Manyindo Kassami - Board Member
Board Secretary: Mrs. Janet Kahirimbanyi
Governor: Mr. Emmanuel Tumusiime Mutebile
Terms of appointment: Serves a 5 year renewable contract. Appointed by the President of Uganda more...     
Ag. Deputy Governor : Mr. D. Opiokello
Terms of appointment: Serves a 5 year renewable contract. Appointed by the President of Uganda.
Executive Directors (photos)
1. Mr. J. F. Kahenano (Administration)
2. Mr. E. Katimbo-Mugwanya (Finance)
3. Mr. J. Wanderema-Nangai (Operations)
4. Dr. Polycarp Musinguzi (Economic Advisor to Governor) 
5. Mrs. R. Emunu (Supervision)
6. Dr. Marios Obwona (Research)
Department Director/Head of Department
Administrative Services     Mr. Johnson Mubangizi
Banking                  Mrs. Margaret Matovu
Chief Accountant             Mr. Kenneth Mdoe
Commercial Banking                Mrs. J. Bagyenda
Corporate Services Office, and Coordinator Governor’s Office Dr. Henry Opondo
Currency Mr. Patrick B. Kaberenge
Development Finance               Mr. Richard Apire
Domestic Financial Markets Mr. Joseph Kanyike
External Operations                  Mr. E. B. Kasozi
Head, National Payments Systems Secretariat Mr. E. Katimbo-Mugwanya
Human Resources                     Mr. Joseph Magala Nyago
Internal Audit Mr. S. Turyahikayo
Legal Counsel Mr. Joseph Bossa
Management Information Systems    Mr. Richard Mayebo
Medical                                      Dr. Apollo Kagwa
Non-Banking Financial Institutions   Mr. Anthony Opio
Public Relations Mr. J.Y.K. Walusimbi
Research                         Dr. Michael Atingi-Ego
Security Mr. Rashid Kitunzi
Trade and External Debt  Mr. David Behena (Ag.)
Staff Numbers: Year  Number
1993 1,776
1995 1,030
1996   1,005
1998 992
1999 993
2000 1,009
2002 1,046

CONTACT INFORMATION

Address:
P.O. Box 7120,
37/43 Kampala Road,
Kampala, Uganda.

Telephone :  256-41-258441/6, 256-41-258060/9, 256- 41- 259090
Telex :    61059
Telegram :  "UGABANK"
Fax :   256-41-230878, 256-41-233818
E-mail:  info@bou.or.ug
SWIFT:  UGBA UG KA.

 


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