Nshuti comes as a replacement for Oliver Nduhungirehe who was removed from cabinet in April, under accusations of letting his personal opinions prevail over those held by the government.
Nshuti previously served in different positions in the government.
Nshuti was formerly the Minister of Commerce, Industry, Cooperatives, and Tourism; he served as Minister of Finance as well as Minister of Public Service and Labour.
Nshuti holds a Ph.D. in Finance. He also holds a Masters degree in Business Administration in Accounting.
He has also served as the Chairman Board of Promoters assigned to set up Umutara Polytechnic (University).
Nshuti served as the Chairman Board of Governors, which was tasked to turn round the School of Finance and Banking (SFB).
Umutara Polytechnic and SFB have since merged with other public Higher Learning Institutions to form the University of Rwanda (UR).