Njuguna Ndung'u

Early life and education

Ndung'u was born in Kandara, Murang'a county in Kenya in 1960. He studied economics at the University of Nairobi, earning both a Bachelor of Arts in Economics and a Master of Arts in Economics from the university. His Doctor of Philosophy, also in economics, was obtained from the University of Gothenburg in Sweden.

Career

Career in academia

Before his appointment as Governor of the Central Bank of Kenya, Ndūng'ū was the director of training at the African Economic Research Consortium (AERC). He lectured in advanced economic theory and econometrics at the University of Nairobi, where he was an associate professor of economics. He also worked as a regional programme specialist for the Eastern and Southern Africa Regional Office, Nairobi, of the International Development Research Centre, Canada; and at the Kenya Institute for Public Policy Research and Analysis as a principal analyst/researcher and head of the Macroeconomic and Economic Modelling Division.

Ndūng'ū conducted extensive research and teaching work in various fields of economics, including macroeconomics, microeconomics, econometrics, and poverty reduction. He published in international journals as well as chapters in various books on economic policy issues, inflation, interest rate and exchange rate issues, financial management, public sector growth, external debt, financial liberalization in Anglophone Africa, structural adjustment, as well as on employment and labour market issues.

Return to academia

In 2018, Ndūng'ū re-joined the AERC, this time as executive director. In 2019, he served on the advisory board of the annual Human Development Report of the United Nations Development Programme (UNDP), co-chaired by Thomas Piketty and Tharman Shanmugaratnam.

Other activities

• African Development Bank (AfDB), Ex-Officio Member of the Board of Governors (since 2022)
• East African Development Bank (EADB), Ex-Officio Member of the Governing Council (since 2022)
• International Monetary Fund (IMF), Ex-Officio Member of the Board of Governors (since 2022)
• World Bank, Ex-Officio Member of the Board of Governors (since 2022)

Succession table

References

References

1. George Obulutsa and Duncan Miriri (27 September 2022), [https://www.reuters.com/world/africa/kenyas-ruto-names-njuguna-ndungu-finance-minister-2022-09-27/ Ex-central bank chief named Kenyan finance minister amid rising inflation] ''[[Reuters]]''.
2. Herbling, David. (1 March 2015). "Ndung'u Tenure As CBK Governor Ends Tuesday". [[Business Daily Africa]].
3. (19 June 2012). "Profile: Kenya's Central Banker Governor Njuguna Ndung'u". [[Reuters]].
4. The EastAfrican. (20 November 2011). "Is It time for Professor Ndung'u To Celebrate As The Shilling Edges Up?". [[The EastAfrican]].
5. WEF. (8 November 2016). "Njuguna S. Ndung'u :Governor of the Central Bank of Kenya (2007-2015)". [[World Economic Forum]] (WEF).
6. [https://aercafrica.org/management-staff/ Management Staff] {{Webarchive. link. (25 January 2021 African Economic Research Consortium (AERC).)
7. [http://hdr.undp.org/en/content/2019-human-development-report-advisory-board-members 2019 Human Development Report Advisory Board Members] [[United Nations Development Programme]] (UNDP).
8. [http://eadb.org/about-us/structure/ Governing Council] {{Webarchive. link. (25 October 2015 [[East African Development Bank]] (EADB).)
9. [http://www.imf.org/external/np/sec/memdir/members.aspx Members] [[International Monetary Fund]] (IMF).