Race to succeed CBK boss Njuguna Ndung’u gathers pace
From left, top row: Dr Chris Kiptoo: Country director, Trademark EA, Dr Kamau Thugge: PS, National Treasury, Mr Philip Kinisu: Former chairman PWC Africa board, Dr Mbui Wagacha: Acting Central Bank chairman. Bottom row: Mr Isaac Awuondo: CEO, Commercial Bank of Africa, Dr Haron Sirma: Deputy Governor, Central Bank, Dr Edward Sambili: Former Deputy CBK governor, Mr John Ngumi: Chairman Konza Tech Dev. Authority. PHOTOS | NATION MEDIA GROUP
Prof Ndung’u’s tenure at the helm of the bank charged with formulating the country’s financial and monetary policy will come to an end on March 4.
President Uhuru Kenyatta is expected to hand-pick the next governor due to the delay in enacting the new Central Bank of Kenya (CBK) Bill.
The search for a new governor of the Central Bank of Kenya has started in earnest, ahead of the retirement of Prof Njuguna Ndung’u, whose second and final term expires in a month.
Prof Ndung’u’s tenure at the helm of the bank charged with formulating the country’s financial and monetary policy will come to an end on March 4. This has opened the position for high political lobbying.
