President William Ruto has nominated the former National Treasury Permanent Secretary (PS) Dr Kamau Thugge as Governor of the Central Bank of Kenya (CBK).
If approved Dr Thuge will take over from Dr Patrick Njoroge who has been CBK governor since 2015.
Thuge’s nomination comes after recruitment exercise that was carried out by the Public Service Commission (PSC) pursuant to the provisions of Section 13 of the CBK Act, Chapter 491 of the Constitution.
In a press statement Head of Public Service Felix Koskei announced that, “President has, on the recommendation of the Public Service Commission nominated, Dr Kamau Thugge, CBS for appointment as the Governor for the Central Bank of Kenya (CBK.”
Koskei added that the President has transmitted the nomination to the National Assembly for consideration in the August House in fulfilment of the legal requirements set out under the Constitution and the Central Bank of Kenya Act.
Thugge who holds a PhD in Economics from John Hopkins University in the USA has worked in different organizations globally and in Kenya.
The economist is currently a senior advisor and Head of Fiscal and Budget Policy in the president’s office. The former PS is also a member of the president’s Economic Council.
Dr Thugge has worked as a senior economic adviser in the Ministry of Finance from 2010 before he was appointed as PS.
He also worked at the International Monetary Fund (IMF) from 1985 to 2010. He served in the positions of Economist, Senior Economist, and Deputy Division Chief.
Thugge faced corruption charges alongside former Treasury Cabinet Secretary Henry Rotich. the charges were later dropped by the Director of Public Prosecutions Noordin Haji in 2021.
By Obegi Malack
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