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Originally published by Capital Business
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business
July 8, 2026
6h ago

Parliament to vet CBK Deputy Governor nominees under new law

Parliament to vet CBK Deputy Governor nominees under new law

Previously, nominees for the Deputy Governor position were appointed without parliamentary vetting...

✨ Key Highlights

Kenya's National Assembly will now vet nominees for Central Bank of Kenya (CBK) Deputy Governor after President William Ruto assented to the new Central Bank of Kenya (Amendment) Act, 2026.

  • The new law aligns the appointment process for Deputy Governors with that of the CBK Governor, enhancing transparency and accountability.
  • Key individuals involved are President William Ruto and the nominees for Deputy Governor positions at the CBK.
  • Deputy Governors will now serve a four-year term, renewable once, and will be tasked with performing duties assigned by the Governor.

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