The Deputy Governor of Bank of Uganda Dr. Louis Kasekende has Monday handed over office.
This follows the end of his contract at the central bank today January 13, 2020.
Kasekende handed over the office to his immediate supervisor Governor Prof. Tumusiime Mutebile.
BOU internal policies dictate that one is mandated to handover office when their contract expires and there is no renewal, reports NBS TV journalist Canary Mugume.
Dr. Kasekende, his boss Mutebile and President Museveni reportedly met over the weekend but details of the meeting have not been disclosed yet.
He has been in this position since January 2010.