Kamau Thugge, the nominee for the Governor of the Central Bank of Kenya, is set to be vetted on Tuesday.
He was amongst six candidates shortlisted by the Public Service Commission.
Thugge is the senior adviser and Head of Fiscal Affairs and Budget Policy at the State House.
President William Ruto nominated him on May 15, 2023, following the imminent retirement of Patrick Njoroge, whose two terms end next month.
CBK was established by an Act of Parliament of March 24, 1966, and started operations on September 14, 1966.
This followed the dissolution of the East African currency board (EACB).
The governor assumes the role of CEO and spokesperson of the bank and is responsible for its overall management.
If approved by the National Assembly, Thugge will become Kenya's 10th CBK governor after trouncing Dorcas Mutonyi, Haron Sirima, Edward Sambili, Nancy Onyango and Adan Mohamed, who were shortlisted by the Public Service Commission early this month.
Thugge was forced out of his position at the National Treasury over his alleged role in the multibillion-shilling Kimwarer and Arror dams' construction in Elgeyo Marakwet.
Thugge was cleared of any wrongdoing in 2021.
If approved by Parliament, he will face the daunting task to stabilise the shilling which has sharply depreciated against the dollar and a heavy government debt burden, which is threatening to upset years of macro stability.
