Dr. Louis Kasekende has fulfilled his contractual obligation and handed over the office which he has been occupying as deputy governor after he failed to secure a renewal from President Yoweri Museveni, the appointing authority, in time.
Reports indicate that Dr. Kasekende handed over office to his boss, Governor Emmanuel Tumusiime Mutebile on Monday, 13th January 2020, following the expiry of his contract.
Dr. Kasekende has in two spells worked at the central bank for 33 years earning a superlative reputation at the regulatory bank before his name got synonymous with the latest corruption scandals at the bank.
Investigations by police, auditor general and parliament variably blamed top management at the central bank and Dr. Kasekende’s name notoriously featured alongside that of Mutebile, Justine Bagyenda, and others.
Pundits suggest that the deputy governor, Dr. Kasekende failed at his job to ensure that the central bank was corruption-free. Others believe, he orchestrated or participated and MPs on COSASE said in a report last year following an investigation into the closure and sale of seven commercial banks.
