The Central Bank of Kenya (CBK) has announced the appointment of Gerald Nyaoma Arita as Deputy Governor. Nyaoma’s return to CBK follows his formal appointment by President William Ruto, signifying a renewed chapter for the veteran banker at the institution.
With a career spanning more than three decades, Mr. Nyaoma is no stranger to the Central Bank. He first joined CBK in 1988 and rose through the ranks, holding various senior roles in Financial Markets, Banking Services, and Internal Audit. His tenure culminated in his position as Director of the Bank Supervision Department.
In addition to his wealth of experience, Mr. Nyaoma boasts impressive academic credentials. He holds an M.Phil. in Economics from the University of Cambridge, UK, and a BA in Economics from the University of Nairobi. A Certified Public Accountant (CPA-K) and Certified Public Secretary (CPS-K), Mr. Nyaoma is also an Associate of the Kenya Institute of Bankers (AKIB).
Governor Dr. Kamau Thugge, in welcoming the appointment, said, “On behalf of the CBK Board, Management, and Staff, I wish to congratulate Mr. Nyaoma on his appointment. It is an honour and a pleasure to welcome him back to the Central Bank of Kenya.”
Mr. Nyaoma’s distinguished career extends beyond CBK. He has served on the Board of the SACCO Societies Regulatory Authority (SASRA) as an Alternate Member to the Governor. His expertise is expected to bolster CBK’s leadership team as it navigates critical economic challenges and monetary policies in the country.
