Prof Njuguna Ndung’u Bio, Age, Career, Family, Education and Net Worth

Prof Njuguna Ndung’u is a veteran Kenyan economist, university professor, and economic researcher currently working as the Cabinet Secretary for National Treasury and Planning.

Ndung’u was appointed to serve in that capacity by H.E Dr. William Ruto on 27th September 2022, taking the helm from Ukur Yatani who served under Uhuru’s administration. The finance man has a wealth of experience when it comes to matters concerning finances having served in different finance institutions since 1985.

Additionally, Njuguna also served as the eighth Governor of the Central Bank of Kenya for two terms from 2007 to 2015. Ndungu will now serve under President Ruto heading one of the most crucial ministries in Kenya.

Prof Njuguna Ndung'u
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Njuguna Ndung’u Age and Place of Birth

The finance professor was born in Lodwar, Turkana County in 1960. From Lodwar, Njuguna beat all odds to become one of the most powerful men in the country.

Educational Background

Much is not known about where he attained his early education. After completing his high school level,  Ndung’u joined the University of Nairobi where he pursued a Bachelor of Arts in Economics and a Master of Arts in Economics. He went on and earned his Doctor of Philosophy in economics from the University of Gothenburg in Sweden.

Njuguna Ndung’u Wife and Kids

The Finance minister is a married man and a loving father, however, he has managed to keep his personal life away from the limelight.

Career

Prof Njuguna Ndung'u
Photo/Courtesy

Njuguna’s name came to the limelight when he was named the eighth Governor of the Central Bank of Kenya in 2007. Prior to his elevation to that position, Ndugu was serving as the director of training at the African Economic Research Consortium.

Additionally, he has also lectured in advanced theory and econometrics at the University of Nairobi working as an associate professor of economics. On top of that, the finance minister has also worked as a regional programme specialist for the Eastern Southern Africa Regional Office, of the International Development Research Centre.

He also served as principal analyst/researcher at the Kenya Institute for Public Policy Research and Analysis where he later advanced and became the head of the Macroeconomic and Economic Modelling Division.