Ezra Suruma

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Ezra Suruma
Ezra Suruma.jpg
Chancellor of Makerere University Ezra Suruma
Born (1945-11-11) 11 November 1945 (age 71)
Residence Kampala, Uganda
Nationality Ugandan
Citizenship Uganda
Alma mater Fordham University
(Bachelor of Science in finance)
(Master of Arts in economics)
University not disclosed
(Master of Science in computer science)
University not disclosed
(Master of Science in international banking]])
University of Connecticut
(Doctor of Philosophy in economics)
Occupation Economist
Years active 1980 — present
Known for Economics
Home town Kabale
Title Chancellor
Makerere University
Spouse(s) Mrs. Suruma

Ezra Suruma (born 11 November 1945) is a Ugandan economist, banker, and academic. He became the chancellor of Makerere University in January 2016.[1] He formerly served as a senior adviser to the president of Uganda on finance and economic planning, a position he held from 16 February 2009 until 15 January 2016.[2] Previously, he was a visiting fellow at the Brookings Institution, in Washington, D. C., at the Africa Growth Initiative division of the institution. He was appointed to that position in April 2010.[3]

Background and education[edit]

He was born in Kabale District in 1945. He holds a Bachelor of Science in finance from Fordham University in New York City, obtained in 1969. His Master of Arts degree in economics was obtained in 1972, also from Fordham University. His Doctor of Philosophy in economics was obtained in 1976 from the University of Connecticut. He also has a master's degree in computer science and one in international banking.[3]

Work history[edit]

Before his government and private sector work, Suruma worked as a professor of economics and management at Makerere University and at Florida A&M University. In 1987, he joined the Bank of Uganda, the country's central bank, as the director of research, serving in that capacity until 1990. From 1990 until 1993, he served as the deputy governor of the Bank of Uganda. In 1993, he left that position and joined the Uganda Commercial Bank as the chairman and managing director, serving in that capacity until 1996.[3]

In 2005, he was appointed minister of finance, planning and economic development. He served in that capacity until 16 February 2009, when he was appointed senior presidential adviser on finance and economic planning.[4] The international banking magazine The Banker chose Suruma to receive the "Best Finance Minister of Africa Award" for 2008.[5] During his time as minister of finance, he was a strong promoter of Uganda's banking industry and was instrumental in the planning and initiation of Uganda's micro finance project that helps small farmers and businesses obtain low interest loans. While a cabinet minister, he served as an ex-officio member of parliament.

Personal details[edit]

Suruma is married and has three children. He is also raising the orphaned children of his two younger brothers. He was a shareholder in the National Bank of Commerce (Uganda) and was a director of the bank.[6] NBCU was a small indigenous commercial bank that was closed by the Bank of Uganda on 27 September 2012.[7]


  1. ^ Ahimbisibwe, Patience (18 January 2016). "Dr. Suruma installed Makerere chancellor". Daily Monitor. Kampala. Retrieved 18 January 2015. 
  2. ^ Edward Ssekika, and Sadab Kittata Kaaya (19 August 2014). "Uganda: Ex Minister Suruma Slams Government Policies". The Observer (Uganda) via AllAfrica.com. Retrieved 9 March 2015. 
  3. ^ a b c Vision Reporter (24 April 2010). "Suruma Joins US Think Tank Brookings". New Vision (Kampala). Retrieved 9 March 2015. 
  4. ^ Newvision Archive (18 February 2009). "Full Cabinet List As At 18 February 2009". New Vision (Kampala). Archived from the original on 13 February 2015. Retrieved 9 March 2015. 
  5. ^ Juuko, Sylvia (10 February 2009). "Suruma Wins African Minister Award". New Vision (Kampala). Retrieved 9 March 2015. 
  6. ^ Among, Barbara (15 March 2010). "Politicians Fight Over City Bank". New Vision (Kampala). Retrieved 9 March 2015. 
  7. ^ Louis Kasekende (27 September 2012). "Bank of Uganda Take Over of The Management of National Bank of Commerce Uganda Limited" (PDF). Bank of Uganda. Retrieved 9 March 2015. 

External links[edit]