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. He 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 CS, he was the Head of Macroeconomics at the Ministry of Finance. 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 the Ministry of Finance, he also worked at the Research Department of the CBK. Between 2001-2004, he was attached to the IMF local office in Nairobi to work as an economist. 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 also holds a Master’s Degree in Economics and a Bachelor’s Degree in Economics, both from University of Nairobi, Kenya.
