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Kenyan President William Ruto on Tuesday appointed former central bank governor Njuguna Ndung’u as the new finance minister.
Ndung’u, a professor of Economics, worked as the Central Bank of Kenya Governor between 2007 and 2015.
He stepped down in March 2015 after serving the maximum of two four-year terms.
Ndung’u, who became central bank governor in 2007, weathered a political storm in 2012 as parliament tried to oust him over currency turmoil in 2011, when the shilling weakened sharply and inflation soared.
