UMRA Gets A Substantive Executive Director
Ms. Edith Namugga Tusuubira is the new substantive Executive Director of the Uganda Microfinance Regulatory Authority.
Ms. Edith Tusuubira replaces Mr. Elly Avu Biliku, who has been acting as the Executive Director. Mr Biliku was seconded from the Ministry of Finance Planning and Economic Development to kick start the establishment of the Authority in 2017.
Mr. Biliku has now been transferred to the Ministry of Trade Industry and Cooperatives as an Assistant Commissioner.
Given the wealth of experience in the financial services sector in the background, UMRA board found her exceptional for the Executive Director position observed Ms Jacqueline Mbabazi, the board chairperson of the Authority. “We found you excellent, brilliant and very intelligent during the interviews. You impressed us that is why we gave the job to you”, noted Ms Mbabazi.
The board also appointed the Director of Supervision Mr. Andrew James Nyakoojo, the Director of Finance and Administration Mr. Peter Emong Ojulang.
The recruitment of the Executive Director Edith Tusuubira and the two directors means the top management of the Authority is fully constituted.