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Patrick Njoroge

Visiting Scholar 2025-2026 Former Governor, Central Bank of Kenya
Patrick Njoroge
The trailblazers in human, academic, scientific and religious freedom have always been in the minority… It will take such a small committed minority to work unrelentingly to win the uncommitted majority. Such a group may transform America’s greatest dilemma into her most glorious opportunity.
— Dr. Martin Luther King Jr.

Background

Dr. Patrick Njoroge served as the ninth Governor of the Central Bank of Kenya from June 2015 to June 2023, after a 20-year career at the International Monetary Fund. During his tenure as Governor he led improvements in the conduct of monetary policy and oversaw an overhaul of the banking system, including the launch of Kenya’s first Banking Sector Charter and upgrading CBK’s supervision. Other parts of the financial sector were also strengthened, including the National Payments System. In November 2018, he was appointed by UN Secretary General Antonio Guterres to the UN Task Force on Digital Financing of the SDGs, whose final report was launched in August 2020. He also served as Co-Chair of the High-Level Roundtable of the Dialogue on Global Digital Finance Governance, which extended the work of the UN Secretary General’s Task Force and was hosted virtually by the Swiss Government.

He is currently a member of the Advisory Boards of the Yale Program on Financial Stability and the Global Finance and Technology Network, chair of the Africa Financial Industry Summit (AFIS) Supervisory Council, and a member of the Africa Expert Panel for South Africa’s G20 Presidency. He has received several awards and recognitions, including four awards for Africa’s Central Banker of the Year, and recognition in 2023 as a Top 25 African Finance Leader. He holds a PhD in Economics from Yale University, and MA and BA degrees in Economics from the University of Nairobi.

Interests

Dr. Njoroge’s research interests are in Africa’s economic transformation, FinTech and innovation. Other professional interests are in monetary policy, international finance, and development economics.

Sample Work

  • Publication

    50 Years of Central Banking in Kenya: Regional and Global Perspectives

    “50 Years of Central Banking in Kenya: Regional and Global Perspectives,” (co-editor with Victor Murinde), Oxford University Press, 2021.

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