MPs have 14 days to vet, approve CBK nominees

June 3, 2015
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House Speaker Justin Muturi told the MPs that he had received a message from President Uhuru Kenyatta on the nominations and directed the House Committee on Finance /FILE
House Speaker Justin Muturi told the MPs that he had received a message from President Uhuru Kenyatta on the nominations and directed the House Committee on Finance /FILE
NAIROBI, Kenya Jun 3 – The National Assembly has 14 days to approve the nominations of Dr Patrick Ngugi Njoroge and seasoned lawyer Mohammed Nyaoga and as the new Governor and Chairman and Central Bank of Kenya respectively.

House Speaker Justin Muturi told the MPs that he had received a message from President Uhuru Kenyatta on the nominations and directed the House Committee on Finance to set up the timeframe for carrying out the approval hearings.

“I now refer the message containing the names of the nominees and their curriculum vitae, the report of the selection panel and the score sheets to the Departmental Committee on Finance, Planning and Trade to conduct their approval hearings and table their report on or before June 16, 2015” Speaker Muturi said in a Communication to the House.

He also said the committee should endeavour to conduct extensive public participation provided for under Section 6(iv) of the Public Appointment Parliamentary Approval Act.

President Kenyatta retained Haron Sirima to continue in his post as the Deputy Governor and will be joined by former Monetary Policy Committee Sheila M’Mbijiwe.

Dr Njoroge, an IMF adviser was among five short-listed candidates was picked as the next Central Bank of Kenya Governor after a competitive process conducted by the Public Service Commission.

READ: Uhuru Nominates Patrick Njoroge New CBK Governor

Nyaoga who is also heading the Commission of Inquiry probing a petition to dissolve the Makueni County Government beat Dr Bernard Mbui Wagacha, who is the outgoing CBK Chairman, current chairman of Consolidated Bank of Kenya Dr Benson Akong’o Ateng’ and Nicholas Bartuiyot Korir who is on secondment to COMESA Monetary Institute from the Kenya School of Monetary Studies.

The Public Service Commission had short listed five people for the post of Governor including CBK Deputy Governor Sirima, the Economic Affairs Director at Treasury, Geoffrey Mwau and former Planning Permanent Secretary and one-time CBK Deputy Governor Edward Sambili as well as Peninah Wanjira Kariuki.

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