Major changes at Uganda central bank linked to Crane Bank collapse

After Crane Bank collapsed, Bank of Uganda took over its operations in 2016 then sold it to DFCU in 2017. PHOTO | NMG

On Wednesday, Uganda central bank Governor Emmanuel Tumusiime-Mutebile announced major changes within the top structures of the bank.

He retired Justine Bagyenda, the long serving executive director in charge of supervision, five months before her retirement, and reshuffled 24 members of staff.