PSC calls for application of CBK Governor, deputy positions

Last month, Susan Koech was appointed as Deputy Governor at Central Bank.

In Summary

•Retired President Uhuru Kenyatta had re-appointed Njoroge for a second and final four-year term as Central Bank of Kenya (CBK) governor.

•Last month, Susan Koech was appointed as Deputy Governor at Central Bank.

A general view shows people walking past the Central Bank of Kenya headquarters building along Haile Selassie avenue in Nairobi, on October 9, 2017. /REUTERS
A general view shows people walking past the Central Bank of Kenya headquarters building along Haile Selassie avenue in Nairobi, on October 9, 2017. /REUTERS

The Public Service Commission (PSC) is seeking applications for the posts of Central Bank Governor and Deputy Governor.

Through an advertisement in the local dailies, applicants for the Governor and Deputy Governor positions must be Kenyan citizens and have a Bachelor’s and Master’s degree in Economics, Banking, Finance or Law.

This comes as the current CBK Governor Patrick Njoroge's tenure comes to an end in June 2023.

Retired President Uhuru Kenyatta had re-appointed Njoroge for a second and final four-year term as Central Bank of Kenya (CBK) governor.

The reappointment which was effective June 18, 2019, was announced through a special gazette notice dated May 24, 2019.

Last month, Susan Koech was appointed as Deputy Governor at Central Bank.

Her appointment followed her vetting and approval by the National Assembly Finance and Planning Committee after Ruto nominated her to the role in February. 

The CBK is responsible for formulating and implementing monetary policy, regulating banks and other financial institutions, issuing currency, and managing the country’s foreign exchange reserves

All applicants, according to PSC, must also have at least 10 years of experience in senior management in relevant fields and demonstrate knowledge or experience in monetary, financial, banking, and economic matters

The applicants should also have a deep understanding of global financial sector trends, be a person of integrity, and meet the requirements of Chapter Six of the Constitution.

Moreover, they should have behavioral and general competencies that demonstrate leadership and people management skills, high-level interpersonal and cross-cultural skills, a vision for the state of financial development in Kenya and beyond, critical and analytical thinking and problem-solving skills, among others.

The deadline for applications is April 19, 2023, and interested candidates are advised to apply through the Public Service Commission’s official website or manually in a letter addressed to the Secretary/CEO of the Public Service Commission.

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