She was one of the seven shortlisted for interviews held at the Mestil Hotel in Kampala on May 14.
Prior to the interviews, the Board had set 70 percent as the pass mark and agreed that the names of the three top candidates would be forwarded to the minister for consideration for appointment.
“The Board recommends the following candidates from whom the honourable minister shall appoint a director general,” read a memo that was issued after the interviews.
The same memo listed Ms Olive Birungi Lumonya, Prof Tom Davis Wasswa and Mr Fred Bamwesigye as the first, second and third candidates in order of scores obtained during the interviews.
The memo, a copy of which Sunday Monitor has seen, indicates that Ms Lumonya posted 80.7 percent, Prof Wasswa 74.7 percent, and Mr Bamwesigye 73.4 percent.
The Board serves for three years and has Mr Moses Paul Lubowa, Ms Ethel Kamba, Dr Andrew Alyao Ocero, and Mr Thomas James Kiggundu.
Others are Mr Zubair Musoke, Ms Angela Kiryabwire Kanyima and Mr James Kubeketerya.
Mr Luggya’s statement said Ms Lumonya holds a Master in Business Administration from the Eastern and Southern African Management Institute (ESAMI) and a Mass Communication degree from Makerere University.
She is also a chartered marketer, certified balanced champion and an African Board Fellow.
Ms Lumonya has more than 20 years of leadership and working experiences in both the corporate and non-governmental organisations sectors having worked with Nile Breweries Ltd as brand marketing manager, National Social Security Fund as head of marketing, communication and SOS Children’s Villages.
