Kamau Thugge

Kamau Thugge (born 1st August, 1957) is a Kenyan economist, banker, and the tenth and current governor of the Central Bank of Kenya.

He obtained his Master of Arts and Doctor of Philosophy degrees in economics from Johns Hopkins University in the United States.

[2][3] During the confirmation process as Governor of the Central Bank of Kenya, Dr. Thugge proposed the establishment of a government infrastructure bond in United States dollars, set up locally and open to Kenyan citizens and regional nationals.

He cited data from the Bretton Woods Institutions (IMF & World Bank) which put the overvaluation of the shilling in the range of 20-25 percent.

[6] According to Dr. Thugge, the attempt to artificially maintain a strong exchange rate has come at the cost of losing vital international reserves.