Parliament Approves Ruto's Changes to CBK Leadership

This is the second change in less than a year...
✨ Key Highlights
The National Assembly has approved President William Ruto's nomination of Pius Ang'asa as a board member of the Central Bank of Kenya (CBK). This follows a joint vetting process by parliamentary committees and aligns with the CBK's mandate to formulate policy and ensure good governance.
- Ang'asa's appointment comes under Section 11 of the Central Bank of Kenya Act.
- The CBK Board, consisting of 11 members, oversees policy, performance, and key executive appointments.
- This is the second recent high-profile appointment by President Ruto at the CBK, after Gerald Nyaoma Arita's approval as Deputy Governor in November last year.
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