Senior Management

csrotich1Mr. Henry K. Rotich is currently the Cabinet Secretary for the National Treasury in Kenya. He assumed the position in May 2013 following the successful general election under the new Constitutional dispensation.  In this portfolio, Mr. Rotich is charged with managing Kenya’s national government finances, including spearheading an efficient and sustainable public financial management under a new devolved system of governance, which is fundamental for promoting equitable socio-economic development and efficient delivery of services to Kenyans. Mr. Rotich has been instrumental in prioritizing increasing investment in infrastructure, agriculture, security, education and skills development to raise productivity, as well as improving the business environment to promote investments, consistent with the new Administration’s development agenda. More recently, Mr. Rotich led the largest successful debut bond issuance in Africa, where Kenya raised US$ 2 billion to finance infrastructure. The Eurobond has been voted the best emerging market deal in Africa and third in emerging markets in 2014.

Prior to his elevation as a Cabinet Secretary, Mr. Rotich was the Head of Macroeconomics at the Ministry of Finance, since March 2006.   Under this capacity he was involved in formulation of macroeconomic policies that ensured an affordable and sustainable path of public spending aimed at achieving the Government’s development priorities.  He was also involved in preparation of key budget documents including the Budget Policy Statements, as well as providing strategic coordination of structural reforms in the area of fiscal and financial sector.

Before joining the Ministry of Finance, Mr. Rotich also worked at the Research Department of the Central Bank of Kenya since 1994.  Between 2001-2004, he was attached to the International Monetary Fund (IMF) local office in Nairobi to work as an economist.

Mr. Rotich has also served in other senior positions. He was a Director on several Boards of State Corporations, including; Insurance Regulatory Board; Industrial Development Bank; Communications Authority of Kenya; and Kenya National Bureau of Statistics.

Mr. Rotich holds a Master’s Degree in Public Administration (MPA) from the Harvard Kennedy School, Harvard University, USA.

He holds a Master’s Degree in Economics and a Bachelor’s Degree in Economics, both from University of Nairobi, Kenya.

Address:        The National Treasury, P.O. Box 30007-00100, Nairobi
Telephone:     254-02-2251865
Fax No:         254-02-2240045
Email:            This email address is being protected from spambots. You need JavaScript enabled to view it.

DR. KAMAU THUGGE
PRINCIPAL SECRETARY/ NATIONAL TREASURY

psthugeDr. Kamau Thugge is currently the Principal Secretary at the National Treasury. He has previously worked in the Ministry of Finance as head of Fiscal and Monetary Affairs Department, Economic Secretary and as Senior Economic Advisor.
Before joining the Ministry of Finance, he worked with the International Monetary Fund (IMF) as Economist, Senior Economist and Deputy Division Chief.
Dr. Thugge has played a major role in influencing the design of Kenya’s current fiscal decentralization system and has coordinated the formulation of legislation for implementing devolution, including the Public Finance Management Act, 2012; The Commission on Revenue Allocation Act, 2011; The Independent Officers (Appointment) Act, 2012; The County Government PFM Transition Act 2013; The County Allocation of Revenue Bill 2013; and, The Division of Revenue Bill 2013/2014.
Dr. Thugge is widely published and holds a Bachelor of Arts (Economics) degree from Colorado College, USA; Master’s degree in Economics from John Hopkins University, USA; and a Doctor of Philosophy (PhD) degree in Economics also from John Hopkins University.
Address:        The National Treasury, P.O. Box 30007-00100, Nairobi
Telephone:     254-02-2251865
Fax No:         254-02-2240045
Email:            This email address is being protected from spambots. You need JavaScript enabled to view it.

drmwauDr. Mwau, EBS graduated from McGill University in Canada with a Ph.D in
economics in 1994.
He worked as a Senior Advisor to the Executive Director representing Kenya and 21 other African countries at the Executive Board of World Bank.
Prior to joining the World Bank, he was a Senior Regional Advisor on Economic Policy Analysis with the United Nations Economic Commission for Africa. Previously, Dr. Mwau also worked for the International Monetary Fund (IMF) as an economist for Rwanda, Malawi, Botswana, and Uganda.
Over the years, Dr. Mwau has undertaken consulting assignments and research in key areas of development including poverty policy analysis, institutional management, trade and financial sector issues, as well as in bio-diversity conservation policy issues.
He taught economics in Nairobi and McGill universities and has also taught policy analysis and economic management to graduate students in a program managed by the African Economic Research Consortium based in Nairobi.
ACADEMICS
1988-1994: McGill University,Montreal,Canada
Ph.D in Economics. Fields: Macroeconomics, International Trade and Finance, Public Finance.
1986-1988: McGill University, Montreal, Canada
M.A. in Economics. Fields: International Economics, Econometrics, and Public Finance.
1981-1983: University of Nairobi, Nairobi, Kenya
M.A. in Economics. Fields: Planning Techniques and Development, Monetary Economics.
1978-1981: University of Nairobi, Nairobi, Kenya
Bachelor of Arts (Economics). First Class Honors.
Minor: Sociology and Political Science.
OTHER TRAINING
February 1992: L'Institute de Francais; Villefranche sur mer; France
Intensive Training in French
October -Mar 1991 Center for International Language Studies, Washington DC.
Intensive Training in French.
Summer 1988: University of Manitoba Winnipeg, Canada
Diploma in Research Methods and Project Management
RESPONSIBILITIES
As the Director General/Budget, Fiscal & Economic Affairs, he is responsible for:-
1. Macro & Fiscal Policy issues
2. Financial & sectoral issues
3. Intergovernmental and Fiscal Relations
4. Budget Issues
5. Public procurement Issues
He is the alternate to the Principal Secretary on the following Boards and
Committees:-
1. Capital Markets Authority
2. Kenya Vision 2030 Delivery

bernardndunguBernard Ndungu joined National Treasury in 2013 as the Accountant General, rising to the current position of Director General Accounting Services & Quality Assurance. Prior to joining the National Treasury, Bernard was a Director at PricewaterhouseCoopers (PwC).
He is also the Chairman of the Public Sector Accounting Standards Board of Kenya, having been instrumental in its formation. The Board has already promulgated the applicable accounting standards for public sector entities. He is also the Administrator and Secretary to the Advisory Board of the Equalization Fund and an alternate Board member representing the Cabinet Secretary, National Treasury, in Kenya Revenue Authority (KRA), Kenya Accountants and Secretaries National Examinations Board (KASNEB) and Kenya Medical Supplies Authority (KEMSA), among other responsibilities.
Bernard started his carrier as an auditor at Ernst and Young (EY) in August 1995 and rose through the ranks to the position of Senior Manager before joining PricewaterhouseCoopers (PwC). While working with EY and PwC Bernard offered technical support in accounting and financial reporting in the public sector in Kenya, Rwanda, Ethiopia, Eritrea and Somalia.
He is a public finance management specialist with extensive experience in planning & budgeting, accountancy & financial reporting, procurement & contract management, business risk analysis, systems review & re-engineering, taxation, auditing, development of process manuals, policies and procedures, and training & institutional capacity building in the public sector.
Bernard holds a bachelor’s degree in Commerce from the University of Nairobi and is a Certified Public Accountant of Kenya. He is currently pursuing a master’s degree in public finance management.