Patrick Ngugi Njoroge Biography: Age, Nationality, Wife, Son, Daughter, Family, Wikipedia, Brother, Profile, Net Worth

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So, today we bring to you the Patrick Ngugi Njoroge biography, age, siblings, profile, sister, nationality, family, brother, father, parents, net worth and many more.

Patrick Ngugi Njoroge Biography

Patrick Ngugi Njoroge is a Kenyan economist, banker and the ninth governor of the Central Bank of Kenya.

Early Life and Education

Patrick Ngugi Njoroge was born in Kakuma, Kenya, c. 1961. His father was an official in the education department and his mother was a teacher. 

Patrick Ngugi Njoroge credits his parents’ involvement in education with inspiring his passion for learning.

Patrick Ngugi Njoroge attended Mangu High School from 1973 until 1976, for his O-Level education. From 1977 until 1978, he attended Strathmore College for his A-Level studies. 

He entered the University of Nairobi in 1979, graduating with a Bachelor of Arts in Economics in 1983 and a Master of Arts in Economics in 1985.

From 1987 until 1993, he studied at Yale University, graduating with a Doctor of Philosophy in economics.

While at Yale, Njoroge studied under professors such as William Brainard, Jim Tobin, and Robert J. Shiller.

Patrick Njoroge Career

Following his master’s degree, he worked in Nairobi as a planning officer at the Kenyan Ministry of Planning from October 1985 until August 1987. 

Following his PhD studies, he worked as an economist at the Kenyan Ministry of Finance from March 1993 until December 1994.

From April 1995 until October 2005, he worked at the International Monetary Fund (IMF) in Washington, D. C., first as an economist and later as a senior economist. 

From November 2005 until December 2006, he served as the IMF mission chief for Dominica. 

He then served as the deputy division chief, Finance Department, at the IMF, from December 2006 until December 2012, based in Washington, D. C. from December 2012 until June 2015, he served as advisor to the deputy managing director of the IMF.

He was nominated to be the governor of the Central Bank of Kenya by Uhuru Kenyatta, the president of Kenya, on 2 June 2015.

After vetting by the parliamentary committee on Finance, Trade and Planning on 17 June 2015, he was approved by the parliament of Kenya on 18 June 2015. He assumed office effective 19 June 2015.

On 13 October 2015 the Central Bank of Kenya under his leadership placed Imperial Bank into receivership.

In November 2018, United Nations Secretary General António Guterres appointed Patrick Ngugi Njoroge to the United Nations Task Force on Digital Financing of Sustainable Development Goals, co-chaired by Maria Ramos and Achim Steiner.

Under his leadership, the CBK issued direct benefit payments to help financially suffering Kenyans amid the COVID-19 pandemic. 

Patrick Ngugi Njoroge has stated that the financial technology industry (FinTech) has been a boon for financial inclusion of the general population.

Personal Life

Patrick Ngugi Njoroge is of the Roman Catholic faith and a numerary member of Opus Dei. 

Patrick Ngugi Njoroge is also the brother of Anthony Muheria, the Archbishop of Nyeri Catholic diocese.

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Patrick Ngugi Njoroge Net Worth

Patrick Ngugi Njoroge is a popular Kenyan economist and banker. He has an estimated net worth of $5 millions.

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