Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Kamau Thugge set for CBK governor job after MPs give nod
Central Bank of Kenya Governor Kamau Thugge before the Departmental Committee on Finance and National Planning at County Hall on May 30, 2023. PHOTO | DENNIS ONSONGO | NMG
MPs have approved the appointment of Dr Kamau Thugge as governor of the Central Bank of Kenya (CBK), paving the way for him to succeed Dr Patrick Njoroge as the tenth head of the country’s monetary regulator.
Dr Thugge, a former PS at the National Treasury and currently the head of fiscal affairs in the Council of Economic Advisers, will be taking office in a period of elevated inflation, a weakening exchange rate and concerns over dollar shortages in the economy.
