Tuesday, October 3, 2023
  • SUBSCRIBE NOW
  • Login
  • Register
No Result
View All Result
The Kenya Times
  • News
    • All
    • Africa News
    • Diaspora News
    • East Africa News
    • Middle East News
    • National News
    • West Africa News
    • World News
    Ichung'wah Calls Out Wamalwa, Omar for Not Paying Attention During Bomas Submissions

    Light Moment at Bomas After Ichung’wah Calls Out Wamalwa, Omar for Not Paying Attention

    Kenyan Woman Arrested Smuggling Gold Hidden in her Innerwear

    Kenyan Woman Arrested Smuggling Gold in India

    Gachagua Exposes how Coffee Cartels Approached Linturi with KSH30 Million Bribe

    Gachagua Exposes How Linturi was Approached with Ksh30M Bribe

    Kkakamega County Assembly Speaker James Namatsi (second from left) matches into the Assembly's chamber for a past sitting.

    Politician Kicked Out Over WhatsApp Message

    Jubilation as JKIA Welcomes Another Airline

    Jubilation as JKIA Welcomes Another Airline

    Leader of Majority in the National Assembly Kimani Ichung'wah (left) and ACK Archbishop Jackson Ole Sapit.

    Ichung’wah Hits Back at Ole Sapit

    Trending Tags

    • Business
      • All
      • Banking
      • Cryptocurrency
      • Economy
      • Energy
      • Money Markets
      • Personal Finance
      • Real Estate
      • Startups
      Absa Kenya Targets Chinese Investors, Launches China Desk

      Absa Kenya Re-introduces China Desk to Woo Investors

      Why Farmers are Spending Ksh.3000 on Cow Mattress

      Why Farmers are Spending Ksh3000 on Cow Mattress

      Banking on Harming the Climate

      How Banks Contribute to the Climate Change Crisis

      Ole Chocha: Maasai Shuka Challenge Goes Viral as Ruto, Gachagua Get Names

      Report Reveals Top Item Kenyans Spend Their Money on

      More Woes for Twiga Foods After Mass Sacking of Employees

      More Woes for Twiga Foods After Mass Sacking of Employees

      Why Size of Some Items in the Market Reduces as Prices Rise

      Why Size of Some Items in the Market Reduces as Prices Rise

    • Health
      • All
      • Allergies
      • COVID-19
      • Health & Science
      • Mens Health
      • Mental Health
      • Wellness
      • Womens Health
      A photo of Citizen TV's studios in Nairobi.

      Ex-Citizen TV Journalist Appeals for Help, Reveals He’s Homeless 

      Public Service PS Amos Gathecha speaking during the opening ceremony of Public Service Counsellors workshop on September 18. PHOTO-Amos

      Govt Identifies Most Stressed Civil Servants

      UJI POWER: Benefits of Popular Sip Keeping Nairobians Full Amid Tough Times

      UJI POWER: Benefits of Popular Sip Keeping Nairobians Full Amid Tough Times

      Doctors to Hold Protests on the State of Healthcare in Kenya

      Doctors to Hold Protests, Issue Demands to Govt

      Worldcoin Eye Scans May Cause Health Complications

      CS Nakhumicha Warns Kenyans of Health Risks Linked to Worldcoin Eye Scans

      The Cabinet resolved to introduce three new funds

      Cabinet Approves Scrapping of NHIF

      Trending Tags

      • Law & Order
        • All
        • Corruption
        • Courts
        • Crime
        • Cyber Crime
        • Elections
        • Fraud
        • Investigations
        • Military
        • Missing Persons
        • Press Freedom
        • Terrorism
        The main suspect in Eric Maigo's murder appears in Milimani Law Court.

        Eric Maigo Murder: Court Gives Direction as Teenager is Arraigned

        Danstan Omari

        Omari Lists Reasons to Forgive Mama Lucy Kibaki Hospital Child Trafficker

        Renson Mulele Ingonga, New DPP Reaps Big Salary

        Hefty Salary and Benefits New DPP Will Enjoy

        Eric Maigo

        Eric Maigo Murder: 5 Questions Raised as Detectives Piece Evidence

        DCI

        DCI Arrests 9 in Ksh160M SACCO Theft

        DCI clothes

        DCI Unmasks Prime Suspect in Murder of Erick Maigo

        A photo of Billy Chemirmir- Kenyan man found dead in his prison cell in Texas on Septmber 19, 2023.

        Billy Chemirmir: Kenyan Serial Killer Murdered in US Prison

        Khalwale Proposes Tougher Regulations for Boda Boda Riders

        Law Seeking to Control How Kenyans Sit on Boda Boda Coming

        IG Koome Sued Over Uhuru-Era Killings

        IG Koome Sued Over Uhuru-Era Killings

        Trending Tags

        • Sports
          • All
          • Athletics
          • Basketball
          • Boxing
          • Cricket
          • Football
          • Formula 1
          • Golf
          • Marathons
          • Olympics
          • Rallies
          • Rugby
          • Tennis
          • World Cup
          Faith Kipyegon After she lost in the race PHOTO/Courtesy

          Faith Kipyegon Speaks after Tasting her First Defeat

          President William Ruto (right) and Sports Cabinet Secretary Ababu Namwamba take a stroll at State House in a past function.

          Protests Erupt After Kenya Wins Joint AFCON Bid

          Faith Kipyegon PHOTO/Courtesy

          Faith Kipyegon Loses the World Road Running Championships in Latvia

          A photo collage of skit comedian Arap Uria posing with a goat (left) and a photo of Uria with British football commentator Peter Drury during the 2022 World cup in Doha.

          Arap Uria Changes Mind on Gifting Peter Drury a Goat After Online Backlash

          Kenyan Athlete Chased Down by a Stray Dog Finishes Third

          Kenyan Athlete Loses Ksh1M After Being Chased by a Dog

          CS Ababu Namwamba on the Spot Over His Performance

          Blunders That Cost Kenya AFCON 1996 Hosting Rights After Winning Bid

          Trending Tags

          • Entertainment
            • All
            • Gaming
            • Movies
            • Music
            Musician and Businesswoman Esther Akoth PHOTO/Akothee

            Akothee Lifts Lid on Her Troubles, Asks for Privacy

            Micheal Jackson's Hat Sells for 82k Dollars

            Micheal Jackson’s Hat Sells for Ksh12 Million

            Jamal Roho Safi to Undergo Weight Loss Procedure After Hair Transplant Surgery

            Jamal Roho Safi to Undergo Weight Loss Surgery After Hair Transplant

            A collage of Tiktoker Nyako (Left) and Kimani Mbugua(Right) PHOTO/Courtesy

            Ex-Citizen TV Presenter Gets Help After Revealing He’s Homeless

            Win for Kenyan Artists as Grammy's Deal Inches Closer

            Win for Kenyan Artists as Grammy’s Deal Inches Closer

            Sonko's Emotional Message to Daughter as She Flies Out

            Sonko’s Emotional Message to Daughter as She Flies Out

            Trending Tags

            • Lifestyle
              • All
              • Arts
              • Culture
              • Disabilities Matters
              • Ethics & Religion
              • Family
              • Fashion
              • Food
              • Human Interest
              • Tourism
              Kikuyu Elders Consecrate New Cultural Center in Nairobi

              Kikuyu Elders Consecrate New Cultural Center in Nairobi

              Why Farmers are Spending Ksh.3000 on Cow Mattress

              Why Farmers are Spending Ksh3000 on Cow Mattress

              History and Facts About Haiti

              Little-Known Facts About Haiti; Where Kenya & U.S Have Interests

              Namwamba Rallies Support for Starlets as Kenya Secures Hollywood and NBA Deals

              Namwamba Rallies Support for Starlets as Kenya Secures Hollywood and NBA Deals

              Ruto Under Pressure to Introduce One-Child Policy in Kenya

              Ruto Under Pressure to Introduce One-Child Policy in Kenya

              Inclusive Initiatives to Support Mobility for PWDs In Kenya

              Inclusive Initiatives to Support Mobility for PWDs In Kenya

              Trending Tags

              • Sci-Tech
                • All
                • Climate Changes
                • Cyber Security
                • Social Media
                • Space
                • Technology
                Banking on Harming the Climate

                How Banks Contribute to the Climate Change Crisis

                Zuckerberg Launches Ksh70K Headsets & New WhatsApp Features

                Zuckerberg Launches Ksh70K Headsets & New WhatsApp Features

                Chat GPT Can Now See, Hear and Talk; OpenAI

                Chat GPT Can Now See, Hear and Talk: How it Works

                Adaptation Strategies to Curb Impacts of Climate Change

                Adaptation Strategies for Coastal Communities in Kenya to Combat Effects of Climate Change

                A new type of spyware means those online ads could go from annoying to menacing. AP Photo/Julio Cortez

                Spyware Can Infect your Phone or Computer via The Ads You See Online – Report

                Elon Musk's Neuralink Chip That can Help You Control a Cursor With Your Mind

                Brain Chip That Can Help You Control Computer Cursor with Your Mind Approved

                Trending Tags

                • Opinion
                  • All
                  • Bruce Schneier
                  • Editorials
                  • John Mukum Mbaku
                  • Letters to Editor
                  • Makau Mutua
                  • Peter Ongera
                  • Salim Lone
                  • William Hatungimana
                  • XN Iraki
                  China provides billions of dollars in loans and direct investments to African nations each year. Oleksii Liskonih/iStock/Getty Images Plus

                  We asked 1,000 Zimbabweans What They Think of China’s Influence on Their Country

                  he intersection of politics and social media is fertile ground for AI-powered disinformation

                  AI Disinformation is a Threat to Elections

                  Wagner group founder Yevgeny Prigozhin, photographed on June 24, 2023, in Russia. Anadolu Agency via Getty Images

                  Wagner Group: What Yevgeny Prigozhin’s Death Means for Stability in Africa

                  Fulton County District Attorney Fani Willis speaks during a news conference after former President Donald Trump’s Aug. 15 indictments. Joe Raedle/Getty Images

                  RICO is Often Used to Target the Mob and Cartels

                  Niger coup and Junta leader Gen Abdourahmane Tchiani; part of a demonstration held by his supporters in Niamey on Sunday. Coutesy of Balima Boreima / Anadolu Agency via Getty Images

                  The Needless Return of the Coup

                  The indictment of Donald Trump and an aide was ‘laced with rhetorical and narrative techniques.’ Photo Illustration by Drew Angerer/Getty Images

                  Trump’s Classified-Documents Indictment Does More than Allege Crimes

                • Contact Us
                • News
                  • All
                  • Africa News
                  • Diaspora News
                  • East Africa News
                  • Middle East News
                  • National News
                  • West Africa News
                  • World News
                  Ichung'wah Calls Out Wamalwa, Omar for Not Paying Attention During Bomas Submissions

                  Light Moment at Bomas After Ichung’wah Calls Out Wamalwa, Omar for Not Paying Attention

                  Kenyan Woman Arrested Smuggling Gold Hidden in her Innerwear

                  Kenyan Woman Arrested Smuggling Gold in India

                  Gachagua Exposes how Coffee Cartels Approached Linturi with KSH30 Million Bribe

                  Gachagua Exposes How Linturi was Approached with Ksh30M Bribe

                  Kkakamega County Assembly Speaker James Namatsi (second from left) matches into the Assembly's chamber for a past sitting.

                  Politician Kicked Out Over WhatsApp Message

                  Jubilation as JKIA Welcomes Another Airline

                  Jubilation as JKIA Welcomes Another Airline

                  Leader of Majority in the National Assembly Kimani Ichung'wah (left) and ACK Archbishop Jackson Ole Sapit.

                  Ichung’wah Hits Back at Ole Sapit

                  Trending Tags

                  • Business
                    • All
                    • Banking
                    • Cryptocurrency
                    • Economy
                    • Energy
                    • Money Markets
                    • Personal Finance
                    • Real Estate
                    • Startups
                    Absa Kenya Targets Chinese Investors, Launches China Desk

                    Absa Kenya Re-introduces China Desk to Woo Investors

                    Why Farmers are Spending Ksh.3000 on Cow Mattress

                    Why Farmers are Spending Ksh3000 on Cow Mattress

                    Banking on Harming the Climate

                    How Banks Contribute to the Climate Change Crisis

                    Ole Chocha: Maasai Shuka Challenge Goes Viral as Ruto, Gachagua Get Names

                    Report Reveals Top Item Kenyans Spend Their Money on

                    More Woes for Twiga Foods After Mass Sacking of Employees

                    More Woes for Twiga Foods After Mass Sacking of Employees

                    Why Size of Some Items in the Market Reduces as Prices Rise

                    Why Size of Some Items in the Market Reduces as Prices Rise

                  • Health
                    • All
                    • Allergies
                    • COVID-19
                    • Health & Science
                    • Mens Health
                    • Mental Health
                    • Wellness
                    • Womens Health
                    A photo of Citizen TV's studios in Nairobi.

                    Ex-Citizen TV Journalist Appeals for Help, Reveals He’s Homeless 

                    Public Service PS Amos Gathecha speaking during the opening ceremony of Public Service Counsellors workshop on September 18. PHOTO-Amos

                    Govt Identifies Most Stressed Civil Servants

                    UJI POWER: Benefits of Popular Sip Keeping Nairobians Full Amid Tough Times

                    UJI POWER: Benefits of Popular Sip Keeping Nairobians Full Amid Tough Times

                    Doctors to Hold Protests on the State of Healthcare in Kenya

                    Doctors to Hold Protests, Issue Demands to Govt

                    Worldcoin Eye Scans May Cause Health Complications

                    CS Nakhumicha Warns Kenyans of Health Risks Linked to Worldcoin Eye Scans

                    The Cabinet resolved to introduce three new funds

                    Cabinet Approves Scrapping of NHIF

                    Trending Tags

                    • Law & Order
                      • All
                      • Corruption
                      • Courts
                      • Crime
                      • Cyber Crime
                      • Elections
                      • Fraud
                      • Investigations
                      • Military
                      • Missing Persons
                      • Press Freedom
                      • Terrorism
                      The main suspect in Eric Maigo's murder appears in Milimani Law Court.

                      Eric Maigo Murder: Court Gives Direction as Teenager is Arraigned

                      Danstan Omari

                      Omari Lists Reasons to Forgive Mama Lucy Kibaki Hospital Child Trafficker

                      Renson Mulele Ingonga, New DPP Reaps Big Salary

                      Hefty Salary and Benefits New DPP Will Enjoy

                      Eric Maigo

                      Eric Maigo Murder: 5 Questions Raised as Detectives Piece Evidence

                      DCI

                      DCI Arrests 9 in Ksh160M SACCO Theft

                      DCI clothes

                      DCI Unmasks Prime Suspect in Murder of Erick Maigo

                      A photo of Billy Chemirmir- Kenyan man found dead in his prison cell in Texas on Septmber 19, 2023.

                      Billy Chemirmir: Kenyan Serial Killer Murdered in US Prison

                      Khalwale Proposes Tougher Regulations for Boda Boda Riders

                      Law Seeking to Control How Kenyans Sit on Boda Boda Coming

                      IG Koome Sued Over Uhuru-Era Killings

                      IG Koome Sued Over Uhuru-Era Killings

                      Trending Tags

                      • Sports
                        • All
                        • Athletics
                        • Basketball
                        • Boxing
                        • Cricket
                        • Football
                        • Formula 1
                        • Golf
                        • Marathons
                        • Olympics
                        • Rallies
                        • Rugby
                        • Tennis
                        • World Cup
                        Faith Kipyegon After she lost in the race PHOTO/Courtesy

                        Faith Kipyegon Speaks after Tasting her First Defeat

                        President William Ruto (right) and Sports Cabinet Secretary Ababu Namwamba take a stroll at State House in a past function.

                        Protests Erupt After Kenya Wins Joint AFCON Bid

                        Faith Kipyegon PHOTO/Courtesy

                        Faith Kipyegon Loses the World Road Running Championships in Latvia

                        A photo collage of skit comedian Arap Uria posing with a goat (left) and a photo of Uria with British football commentator Peter Drury during the 2022 World cup in Doha.

                        Arap Uria Changes Mind on Gifting Peter Drury a Goat After Online Backlash

                        Kenyan Athlete Chased Down by a Stray Dog Finishes Third

                        Kenyan Athlete Loses Ksh1M After Being Chased by a Dog

                        CS Ababu Namwamba on the Spot Over His Performance

                        Blunders That Cost Kenya AFCON 1996 Hosting Rights After Winning Bid

                        Trending Tags

                        • Entertainment
                          • All
                          • Gaming
                          • Movies
                          • Music
                          Musician and Businesswoman Esther Akoth PHOTO/Akothee

                          Akothee Lifts Lid on Her Troubles, Asks for Privacy

                          Micheal Jackson's Hat Sells for 82k Dollars

                          Micheal Jackson’s Hat Sells for Ksh12 Million

                          Jamal Roho Safi to Undergo Weight Loss Procedure After Hair Transplant Surgery

                          Jamal Roho Safi to Undergo Weight Loss Surgery After Hair Transplant

                          A collage of Tiktoker Nyako (Left) and Kimani Mbugua(Right) PHOTO/Courtesy

                          Ex-Citizen TV Presenter Gets Help After Revealing He’s Homeless

                          Win for Kenyan Artists as Grammy's Deal Inches Closer

                          Win for Kenyan Artists as Grammy’s Deal Inches Closer

                          Sonko's Emotional Message to Daughter as She Flies Out

                          Sonko’s Emotional Message to Daughter as She Flies Out

                          Trending Tags

                          • Lifestyle
                            • All
                            • Arts
                            • Culture
                            • Disabilities Matters
                            • Ethics & Religion
                            • Family
                            • Fashion
                            • Food
                            • Human Interest
                            • Tourism
                            Kikuyu Elders Consecrate New Cultural Center in Nairobi

                            Kikuyu Elders Consecrate New Cultural Center in Nairobi

                            Why Farmers are Spending Ksh.3000 on Cow Mattress

                            Why Farmers are Spending Ksh3000 on Cow Mattress

                            History and Facts About Haiti

                            Little-Known Facts About Haiti; Where Kenya & U.S Have Interests

                            Namwamba Rallies Support for Starlets as Kenya Secures Hollywood and NBA Deals

                            Namwamba Rallies Support for Starlets as Kenya Secures Hollywood and NBA Deals

                            Ruto Under Pressure to Introduce One-Child Policy in Kenya

                            Ruto Under Pressure to Introduce One-Child Policy in Kenya

                            Inclusive Initiatives to Support Mobility for PWDs In Kenya

                            Inclusive Initiatives to Support Mobility for PWDs In Kenya

                            Trending Tags

                            • Sci-Tech
                              • All
                              • Climate Changes
                              • Cyber Security
                              • Social Media
                              • Space
                              • Technology
                              Banking on Harming the Climate

                              How Banks Contribute to the Climate Change Crisis

                              Zuckerberg Launches Ksh70K Headsets & New WhatsApp Features

                              Zuckerberg Launches Ksh70K Headsets & New WhatsApp Features

                              Chat GPT Can Now See, Hear and Talk; OpenAI

                              Chat GPT Can Now See, Hear and Talk: How it Works

                              Adaptation Strategies to Curb Impacts of Climate Change

                              Adaptation Strategies for Coastal Communities in Kenya to Combat Effects of Climate Change

                              A new type of spyware means those online ads could go from annoying to menacing. AP Photo/Julio Cortez

                              Spyware Can Infect your Phone or Computer via The Ads You See Online – Report

                              Elon Musk's Neuralink Chip That can Help You Control a Cursor With Your Mind

                              Brain Chip That Can Help You Control Computer Cursor with Your Mind Approved

                              Trending Tags

                              • Opinion
                                • All
                                • Bruce Schneier
                                • Editorials
                                • John Mukum Mbaku
                                • Letters to Editor
                                • Makau Mutua
                                • Peter Ongera
                                • Salim Lone
                                • William Hatungimana
                                • XN Iraki
                                China provides billions of dollars in loans and direct investments to African nations each year. Oleksii Liskonih/iStock/Getty Images Plus

                                We asked 1,000 Zimbabweans What They Think of China’s Influence on Their Country

                                he intersection of politics and social media is fertile ground for AI-powered disinformation

                                AI Disinformation is a Threat to Elections

                                Wagner group founder Yevgeny Prigozhin, photographed on June 24, 2023, in Russia. Anadolu Agency via Getty Images

                                Wagner Group: What Yevgeny Prigozhin’s Death Means for Stability in Africa

                                Fulton County District Attorney Fani Willis speaks during a news conference after former President Donald Trump’s Aug. 15 indictments. Joe Raedle/Getty Images

                                RICO is Often Used to Target the Mob and Cartels

                                Niger coup and Junta leader Gen Abdourahmane Tchiani; part of a demonstration held by his supporters in Niamey on Sunday. Coutesy of Balima Boreima / Anadolu Agency via Getty Images

                                The Needless Return of the Coup

                                The indictment of Donald Trump and an aide was ‘laced with rhetorical and narrative techniques.’ Photo Illustration by Drew Angerer/Getty Images

                                Trump’s Classified-Documents Indictment Does More than Allege Crimes

                              • Contact Us
                              No Result
                              View All Result
                              The Kenya Times ~ Breaking News, Business, Politics, Sports and Entertainment
                              No Result
                              View All Result

                              Where Are They Now? 4 Ex-CBK Governors and What They’re Doing

                              Central Bank also promotes financial stability; an effective and efficient payment, clearing and settlement system

                              Edwin Hinda by Edwin Hinda
                              August 15, 2023
                              Ex-CBK Governors and What They're Doing

                              Central Bank of Kenya. PHOTO/Courtesy.

                              The Central Bank of Kenya (CBK) is a crucial institution in the country responsible for formulating monetary policy.

                              CBKS promotes financial stability; an effective and efficient payment, clearing and settlement system; formulates and implements foreign exchange policies.

                              Further, Central Bank is mandated to formulate and implement monetary policy that promotes price stability, fosters liquidity, solvency and stability of the banking sector, issue currency notes and coins, and provide banking services to the Government, commercial banks, and other financial institutions.

                              The Central Bank of Kenya was established by an Act of Parliament of March 24, 1966, and opened its doors to the public in September the same year.

                              Central Bank Governor Dr. Kamau Thugge.
                              Central Bank Governor Dr. Kamau Thugge. PHOTO/Courtesy.

                              The Bank is now anchored in the Constitution under Article 231.

                              Dr. Kamau Thugge is the current and the tenth Governor of the CBK and assumed the office on June 19, 2023.

                              Notably, Dr. Thugge took the position which has been held by nine other individuals. 

                              CBK Governors wield massive power. So, what happens when one someone leaves the office? How is life? What are some of the former CBK Governors doing?

                              Patrick Njoroge

                              Patrick Njoroge was the ninth Governor of the Central Bank of Kenya (CBK) and held the position in office since June 2015 to June 2023.

                              During his tenure, oversaw a significant overhaul of the banking system in Kenya, including the launch of the first Kenya Banking Sector Charter.

                              He also led the country in the launch of the new generation of currency banknotes and coins, thus fulfilling a much-anticipated constitutional requirement.

                              Dr. Njoroge facilitated the growth of the Micro, Small and Medium Sized Enterprise sector, which has been the engine of growth of the Kenyan economy.

                              Former Central Bank Governor with his successor.
                              Former CBK Governor Patrick Njoroge with current Governor Kamau Thugge. PHOTO/CBK.

                              Dr. Njoroge joined CBK after a 20-year career at the International Monetary Fund (IMF) in Washington, DC.

                              Prior to his appointment as Governor, Dr. Njoroge was Advisor to the IMF Deputy Managing Director from December 2012.

                              Here, his responsibilities included assisting in overseeing the IMF’s engagement with a large swath of IMF members.

                              Further, he served as Deputy Division Chief in the IMF’s Finance Department (2006-2012), IMF’s Mission Chief for the Commonwealth of Dominica (2005-2006) and in other capacities since 1995.

                              Former Centra Bank Governor Patrick Njoroge.
                              Former Centra Bank Governor Patrick Njoroge. PHOTO/CBK

                              Prior to joining the IMF, Dr. Njoroge worked as an Economist at the Ministry of Finance (1993-1994) and as a Planning Officer at the Ministry of Planning (1985-1987).

                              In his academic career, Dr. Njoroge holds a Ph.D. in Economics from Yale University (1993), a Master of Arts in Economics (1985) and a Bachelor of Arts in Economics (1983) from the University of Nairobi.

                              In addition, Dr. Njoroge’s professional and research interests lie in Macroeconomics, Economic Policy, International Finance, Development Economics, Econometrics and Monetary Policy

                              Dr. Njoroge began his second four-year term in June 2019. He was appointed to the UN Task Force on Digital Financing by Secretary General Antonio Guterres in November 2018. He left CBK in June 2023. 

                              Njuguna Ndung’u

                              Professor Njuguna Ndung’u served as the eighth Governor of the Central Bank of Kenya for two consecutive four-year terms, from March 2007 until March 2015.

                              Currently, Prof. Ndung’u is the Cabinet Secretary, National Treasury & Economic Planning.

                              He was appointed Cabinet Secretary by President William Samoei Ruto on September 27, 2022.

                              Prior to the current appointment, Prof. Ndung’u was serving as the Executive Director of the African Economic Research Consortium (AERC).

                              Prof. Ndung’u has been a member of the Global Advisory Council of the World Economic Forum and Visiting Fellow of Practice at Blavatnik School of Government, Oxford University.


                              Also Read: Highlights From the 2023/2024 Budget


                              In addition, he was Director of Training at AERC, Program specialist at IDRC and Team Leader in Macro-modelling at the Kenya Institute for Public Policy Research and Analysis.  

                              Ndung’u is an associate professor of economics at the University of Nairobi, Kenya and the immediate former Governor, Central Bank of Kenya.

                              He holds a PhD in economics from University of Gothenburg, Sweden.

                              Also, he is a Member of Brookings Africa Growth Initiative and the Advisory Committee of the Alliance for Financial Inclusion.

                              As a member, he participates in coordination of financial inclusion policies in Africa, Asia and Latin America, and is Senior Advisor for the UNCDF-based Better Than Cash Alliance.

                              Ndung'u is a former Central Bank Governor.
                              National Treasury CS Njuguna Ndung’u. PHOTO/Treasury.

                              Dr. Andrew Mullei’s

                              Dr Mullei was appointed Chairman and Governor of the Central Bank of Kenya for a four-year term from 4th March 2003.

                              His tenure was characterized by measures to promote greater efficiency and effectiveness of the payment, clearing and settlement system.

                              The CBK implemented the Kenya Electronic Payments and Settlement System (KEPSS), the country’s Real Time Gross Settlement (RTGS) System in 2005.

                              Implementation of KEPSS mitigated the risks associated with the previous paper-based inter-bank settlement system. 

                              Further, he oversaw the operationalization of the Monetary Policy Advisory Committee (MPAC) in 2004 and the introduction of the Central Bank Rate (CBR) in 2006.

                              Afterwards, he became the Secretary General of the Association of African Central Banks.  

                              He left the African Centre for Monetary Studies in 1993 to take up a new job as Regional Director for Africa at the International Center for Economic Growth (ICEG) in San Francisco.

                              In 1999 he resigned from ICEG to set up the African Centre for Economic Growth in Nairobi as founder Executive Director.

                              Further, he also served as Chairman and Director for several other companies among them the SOFGEN Africa Limited, the Kenya Seed Company Limited the Epass International Limited Akay Investments Limited and Info Systems Solutions Limited.

                              Currently, he lives with his wife and children in Nairobi.

                              Micah Cheserem

                              Mr. Micah Cheserem was appointed Governor in July 1993, at a time when the economy was facing some serious challenges.

                              This included; high inflation and high interest rates, low reserves, and a volatile exchange rate.

                              The CBK took decisive steps to restore stability in the financial sector, which included amending the Central Bank of Kenya Act, 1996.

                              Further, CBK was granted operational autonomy in the conduct of monetary policy and including price stability as one of CBK’s primary objectives.

                              The CBK also began the first steps towards modernizing the National Payments Systems, with the automation of the Nairobi Clearing House in 1998.

                              Cheserem was appointed chairman of the Capital Markets Authority board of directors in February 2009.


                              Also Read: Highlights From the 2023/2024 Budget


                              However, he resigned from this post in 2011 to head the Commission on Revenue Allocation, which was newly established and charged with sharing out the national budget revenue to the central government and the 47 counties created under the 2010 constitution.

                              Currently, Chaserem practices large scale farming in his 50- acre Limpompo farm in Uasin Gishu County.

                              He started farming in 2017 investing over Ksh.2 million in planting avocado seedlings.

                              Ex-CBK Governors and What They're Doing
                              Former CBK Governor Micah Cheserem. PHOTO/Courtesy.
                              Tags: CBK. NjorogeCentral BankNfung'u

                              Get real time update about this post categories directly on your device, subscribe now.

                              Unsubscribe
                              Edwin Hinda

                              Edwin Hinda

                              Hinda Edwin is a Digital Journalist at The Kenya Times. He can be reached at edwin.hinda@thekenyatimes.com

                              Next Post
                              MPs debated on bill supporting the ban on TikTok.

                              Petition to Ban TikTok Sharply Divides MPs

                              ADVERTISEMENT

                              RECENT NEWS

                              Absa Kenya Targets Chinese Investors, Launches China Desk

                              Absa Kenya Re-introduces China Desk to Woo Investors

                              October 2, 2023
                              Ichung'wah Calls Out Wamalwa, Omar for Not Paying Attention During Bomas Submissions

                              Light Moment at Bomas After Ichung’wah Calls Out Wamalwa, Omar for Not Paying Attention

                              October 2, 2023
                              Moses Kuria- Fighting in Meru is a Hobby

                              Fighting in Meru is a Hobby-Moses Kuria

                              October 2, 2023
                              Kenyan Woman Arrested Smuggling Gold Hidden in her Innerwear

                              Kenyan Woman Arrested Smuggling Gold in India

                              October 2, 2023
                              A photo Istreet Kenya shop in Nairobi.

                              iPhone Dealer Responds After Online Uproar

                              October 2, 2023
                              Musician and Businesswoman Esther Akoth PHOTO/Akothee

                              Akothee Lifts Lid on Her Troubles, Asks for Privacy

                              October 2, 2023

                              THE MOST IMPORTANT NATIONAL AND GLOBAL NEWS OF THE DAY

                              Subscribe to our mailing list to receives daily updates direct to your inbox!

                              Join our WhatsApp: WhatsApp News Channel
                              Call us: +254 714 544 390

                              © 2023 The Kenya Times | Contact Us | Privacy Policy | Standards & Policies | House Rules

                              • Login
                              • Sign Up
                              • Cart
                              Subscribe Now
                              No Result
                              View All Result
                              • News
                                • Africa News
                                • Diaspora News
                                • East Africa News
                                • Middle East News
                                • National News
                                • World News
                              • Business
                                • Banking
                                • Cryptocurrency
                                • Economy
                                • Energy
                                • Money Markets
                                • Startups
                                • Real Estate
                                • Technology
                              • Health
                                • COVID-19
                                • Health & Science
                                • Mens Health
                                • Mental Health
                                • Wellness
                                • Womens Health
                              • Law & Order
                                • Cyber Crime
                                • Corruption
                                • Courts
                                • Financial Fraud
                                • Investigations
                                • Missing Persons
                                • Terrorism
                              • Sports
                                • Athletics
                                • Basketball
                                • Boxing
                                • Cricket
                                • Football
                                • Formula 1
                                • Golf
                                • Marathons
                                • Olympics
                                • Rugby
                                • World Cup
                              • Entertainment
                                • Gaming
                                • Music
                                • Movies
                              • Lifestyle
                                • Arts
                                • Culture
                                • Disabilities Matters
                                • Ethics & Religion
                                • Family
                                • Fashion
                                • Food
                                • Human Interest
                                • Tourism
                              • Opinion
                                • Editorials
                                • Letters to Editor
                                • John Mukum Mbaku
                                • Makau Mutua
                                • Peter Ongera
                                • Salim Lone
                                • XN Iraki
                              • Sci-Tech
                                • Climate Changes
                                • Cyber Security
                                • Technology
                                • Social Media
                                • Space
                              • Contact Us

                              © 2023 The Kenya Times | Our Privacy Policy | Standards and Policies | House Rules

                              Welcome Back!

                              Sign In with Facebook
                              Sign In with Google
                              Sign In with Linked In
                              OR

                              Login to your account below

                              Forgotten Password? Sign Up

                              Create New Account!

                              Sign Up with Facebook
                              Sign Up with Google
                              Sign Up with Linked In
                              OR

                              Fill the forms below to register

                              All fields are required. Log In

                              Retrieve your password

                              Please enter your username or email address to reset your password.

                              Log In
                              Your Privacy and Cookies
                              We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
                              Do not sell my personal information.
                              Cookie settingsACCEPT
                              Privacy & Cookies Policy

                              Privacy Overview

                              This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
                              Necessary
                              Always Enabled
                              Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
                              Functional
                              Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
                              Performance
                              Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
                              Analytics
                              Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
                              Advertisement
                              Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
                              Others
                              Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
                              SAVE & ACCEPT

                              Add New Playlist

                              Are you sure want to unlock this post?
                              Unlock left : 0
                              Are you sure want to cancel subscription?