Following the approval of its new structure, the Bank of Uganda has made changes in its management structure as well as key changes in its top management. In the changes, David Kalyango, who has been the Executive Director of Finance, has been appointed as the new Head of Bank Supervision, replacing Dr. Twinemanzi Tumubwine. The influential Supervision Directorate has under it, the Commercial Banking, Non-Banking Financial Institutions and Financial Stability Departments. Twinemanzi, who joined the Bank in 2018, replacing the disgraced Justine Bagyenda has now been transferred to serve as Executive Director, National Payments Systems. “Following the Board approval of…
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