Professor Benno Ndulu

Governor of the Central Bank of Tanzania

Professor Benno Ndulu was appointed Governor of the Central Bank of Tanzania in January 2008. He has presided over Tanzania’s macroeconomic stabilisation and has implemented prudent policies overseeing its strong economic performance over the past years. He has supported the expansion of Tanzania’s financial inclusion by licensing commercial banks, introducing agent banking, and tapping into the growth of mobile financial services.

He started his career at the University of Dar es Salaam in the early 1980s before joining the World Bank as a lead economist covering east Africa.

Ndulu is best known for his involvement in setting up and developing one of the most effective research and training networks in Africa, the African Economic Research Consortium. He served as its first Research Director and later as its Executive Director.

He received an honorary doctorate from the International Institute of Social Studies (ISS) in The Hague in 1997 recognition of his contributions to Capacity Building and Research on Africa.

Following his Ph.D. degree in economics from Northwestern University in Evanston, Illinois, Ndulu taught economics at the University of Dar es Salaam, and has published and taught widely on growth, regional integration, adjustment, governance, trade, and investments.