Lead Personalities

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Prof. Njuguna Ndung'u 

Prof. Ndung’u is the Governor of the Central Bank of Kenya since March 2007. Prior to this appointment, he was the Director of Training at the African Economic Research Consortium (AERC). He has taught economics at the University of Nairobi, has worked with the International Development Research Centre (IDRC) and at the Kenya Institute of Public Policy Research and Analysis (KIPPRA). A member of various boards in the financial sector and in the Vision 2030 Delivery Secretariat, the Governor was also the chair of the Steering Committee of the Alliance for Financial Inclusion (AFI) based in Bangkok, Thailand from 2009 till Sept 2012. He is now the Chair of the newly launched African Mobile Phone Financial Services Policy Initiative (AMPI), a sub-network of AFI.

The Governor is a member of the Committee of Ten (C10) comprised of five African Finance Ministers and five Central Bank Governors representing the 5 regions of Africa. This Committee, formed during the global financial crisis, was mandated to look into ways of mitigating the crisis through appropriate policy response; communicating and coordinating Africa’s response and required global reforms especially in the world’s financial architecture.

Prof. Ndung’u is a researcher and trainer in various fields of economics.  He has published widely in journals and chapters in volumes on inflation, exchange rate, economic growth and poverty reduction. He holds a PhD in economics from Gothenburg University, Sweden, a Bachelors and Masters of Arts in Economics from the University of Nairobi and is an Associate Professor of Economics from the University of Nairobi.

In recognition of his role in national economic development, His Excellency the President of the Republic of Kenya conferred the Award of First Class of Chief of the Order of the Burning Spear (CBS) on Prof. Ndung’u in 2009.


Mr. Joseph K. Kinyua, CBS, PS, MoF.

Mr. Joseph K. Kinyua began his career as an assistant lecturer at Nairobi University in 1978.  He joined the Central Bank of Kenya in 1980 and worked his way through the ranks, from an Economist to Director of Research.  Mr. Kinyua also worked as an Economist on a fixed term appointment with the International Monetary Fund (IMF) during 1985 – 1990, after which he returned back to the Central Bank of Kenya.

He was appointed Financial Secretary to the Treasury in June 1995, a position he held until July 1999 when he rejoined the Central Bank of Kenya as Director of Financial Markets.  In October, 2000 he was appointed Director of Research and Chief Economist, Central Bank of Kenya; and in September 2002, he was appointed as Permanent Secretary to the Treasury, a position he held until January 2003 when he was appointed Permanent Secretary in the Ministry of Planning and National Development.  In July 2003 he was appointed Permanent Secretary in the Ministry of Agriculture where he served until July 2004 when he was re-appointed to his current position of Permanent Secretary to the Treasury.

Mr. Kinyua is also a Director on several Boards of State Corporations, including (East African Development Bank (EADB) Board. He served  for six years as a member of the Programme Committee of the African Economic Research Consortium (AERC), and is currently a Director at large of the Consortium’s Board; and he is also Alternate Governor, World Bank Board of Governors.

He holds BA(Econ.) and MA(Econ.) degrees from Nairobi University.

Henry Rotich

Ann Waiguru

Anne Waiguru has an academic background and experience in economic and public policy. She holds a Masters degree in Economic Policy from the University of Nairobi, and, has specialized experience in public finance, financial management systems, public service reform and capacity building, and, governance.








Mr. Rotich holds a Masters Degree in Public Administration (MPA) from the Harvard Kennedy School, Harvard University. He also holds a Master’s Degree in Economics from University of Nairobi and Bachelor’s Degree in Economics (First Class Honours) from the same University

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