KAMPALA – The General Manager for oil company Tullow Oil Uganda, Mr Jimmy Mugerwa, has been recalled to the company headquarters in London, United Kingdom, for another assignment.
Mr Mugerwa, who has a career spanning over 25 years in the oil and gas sector, is to be replaced by Ms Marian Nampeera Mbowa, a seasoned lawyer with vast experience in the oil and gas sector.
It is not immediately clear why Mr Mugerwa has been moved from Uganda.
However, insiders have intimated to this website that his replacement could be as a result of negative publicity Tullow has been getting after Mr Mugerwa was appointed dfcu Bank board chairman. This, according to insiders, has been tarnishing Tullow Oil’s international image.
Dfcu Bank has been in the limelight following its controversial takeover of Crane Bank Limited.
Last month, while addressing guests at the 3rd annual Ugandan Bankers’ Conference, Mr Mugerwa urged government to reign on local media that reports negatively about him and DFCU bank. As chairman Dfcu bank, Mugerwa helped the bank to acquire Crane Bank Limited, which has since become a controversial move, leading to the resignation of former MD Juma Kisaame.
Mr. Mugerwa previously worked at Shell East Africa as General Manager of Sales & Operations and served as Shell Kenya Country Chairman.
He holds a BSc in Agriculture from Makerere University and a MSc in Agricultural Chemicals from the University of Wales. He is married with two children.
Mugerwa’s recall to London also comes at the time when Tullow Oil has announced a major oil discovery in the Orinduik block in Guyana, raising expectations it will move to develop a field in the oil-rich South American country.
The discovery in the closely watched Jethro-1 well follows a number of exploration successes by Exxon Mobil in the neighbouring Stabroek block in recent years.