VACANCY

CBK seeks to replace Mmbijiwe, 8-months to end of her tenure

She was a founding member of the Monetary Policy Committee

In Summary
  • TheMmbijiwe was appointed to the office alongside the current CBK boss in June 2015 deputy governor will perform such duties as assigned by the governor. 
  • The successful candidate will perform such duties as assigned by the governor. 

The government has advertised the deputy Central Bank Governor's position in what will end Sheila Mmbijiwe's eight-year tenure at the apex bank.

In a public notice issued Tuesday, the Public Service Commission is looking for a candidate to serve for a four-year renewable term.

"The candidate must have at least 10 years of experience in the field of economics, finance, law, or any other field relevant to the position of a CBK governor," PSC said in the job advertisement.

Mmbijiwe was appointed to the office alongside the current CBK boss Patrick Njoroge in June 2015. The immediate former President Uhuru Kenyatta renewed his term in 2019.

The deputy governor will perform such duties as assigned by the governor. 

It is not clear why PSC opted to advertise the position almost eight months before the end of Mmbijiwe's tenure, which comes to a close in June of next year.

The 64- year old has a long history of service in Kenya's private banking sector and financial environment.

She has served as a board member in several companies, including the Capital Markets Authority, the Nairobi Stock Exchange, Old Mutual, Financial Reporting Centre of Kenya, Pricewaterhouse Kenya and Deloitte Touché Kenya, amongst others.

She was a founding member of the Monetary Policy Committee and the Crime and Anti-Money Laundering Act Advisory Committee of Kenya.

She holds a Bachelor of Arts Degree in Accounts and Finance and is qualified as a Chartered Accountant in England and Wales.

In 2008 she was awarded the Moran of the Burning Spear (MBS), a Presidential medal for service to her country.

Interested candidates for the position have until November 14 to tender their applications. 

 

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