Armando Morales

Rogelio Morales

Resident Representative for Kenya, International Monetary Fund


Armando Morales is a Peruvian economist who works as the IMF Resident Representative in Kenya since September 2014. Before moving to Nairobi he worked on the coordination of the technical work for the monitoring of Kenya’s 2011-2013 economic program supported by an Extended Credit Facility arrangement.

In addition to his work on Kenya, he coordinated the Monetary Policy Network; designed with the Research Department a Forecasting and Monetary Policy Analysis Framework currently adopted by several countries in the region; and led a team for a cross-departmental project on the harmonization of monetary policy frameworks across East Africa (EAC). Before joining the African Department, he worked as the IMF Resident Representative in Indonesia, and as a mission chief for Financial Sector Assessment Programs and technical assistance missions on monetary and financial issues for Latin American and African countries.

In1999, he worked at the Emerging Europe Research Group at the Deutsche Bank, London, on secondment from the IMF. Mr. Morales held several positions in Peru before joining the IMF: As International Division Advisor at the central bank; as chief economist at Macroconsult (leading consultant firm); as a researcher at Hernando de Soto’s Instituto Libertad y Democracia; and as a professor at Universidad del Pacífico. He completed graduate studies at Northeastern University, Boston and at the Institute of World Economics in Kiel, Germany

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