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List of Persons Shortlisted For CBK’s Deputy Governor Position

Domenic Ntoogo by Domenic Ntoogo
December 2, 2022
in News
Reading Time: 1 min read
CBK reinstates transaction charges

Central Bank of Kenya (CBK) headquarters. [Photo/ Courtesy]

The Public service commission has shortlisted 10 persons to fill the position of the Deputy Governor of the Central Bank of Kenya (CBK).

According to the CBK Act, the governor of CBK should be deputized by 2 persons appointed by the president after the approval of parliament.

Dr. Patrick Njoroge has been working with one deputy, Sheila M’Mbijiwe, in contravention of the Act, after CBK’s board failed to renew the contract of Sheila’s counterpart Haron Sirma in 2015.

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Some of the shortlisted include the Chief Executive Officer (CEO) and Board Secretary of the Higher Education Loans Board (HELB) Charles Ringera, former Capital Markets Authority CEO Paul Muthaura, CEO and Managing Director of Sunningdale Investments & Consulting Munir Ahmed and the Director, Financial Markets at the Central Bank of Kenya Gerald Arita.

Also on the list is the Head of Internal Audit and Risk management at the Kenya Ports Authority (KPA) and Secretary to the KPA Board Audit & Risk Committee, Fredrick Oyugi and Executive Director and board secretary of the Kenya Institute for Public Policy Research and Analysis (KIPPRA) Rose Ngugi.

Others in the race to replace Dr. Njoroge are James Lopoyetum, Susan Koech, Micheal Mwebesa and Jeam Awinja.

The interviews for the position will commence on December 14, where Charles Ringera will face the commission as the first candidate.

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