Central Bank Governor Patrick Njoroge has been
recognised as the Central Banker of the Year, Africa by
Financial Times group.
The group through its The Banker Magazine said Njoroge
acted swiftly to clean up the country’s banking sector.
improved supervision and
guidance measures and spearhead efforts to position Kenya as a hub for green
finance," The Banker said on Monday evening.
According to the magazine, Njoroge has made sure the monetary policy is stable and effective since late 2016.
"The governor’s prudence and long-term vision for
Kenya’s economy and banking sector ensured that he scooped the Central Bank
Governor of the Year award for Africa."
Banker's Central Banker of the Year 2018 awards celebrate the officials that
have best managed to stimulate growth and stabilise their economy.
"In a financial
services market as large and as complex as Kenya’s, it helps to have a steady
hand leading the apex bank. Dr Patrick Njoroge is just that."
In 2016, Njoroge was awarded for efforts to "curb" and "clean up" Kenya's banking
The Central Bank of Kenya boss was also honoured for pursuing a policy of openness and transparency.
He received the
Global Markets 'Central Bank Governor of the Year Award for Sub-saharan Africa' on the margins of the IMF/World Bank meetings in Washington, DC on Saturday.