NAIROBI, Kenya, Dec 4 – The Central Bank of Kenya (CBK) has announced the appointment of four new members to its Monetary Policy Committee (MPC), replacing outgoing members who left in August.
The appointments took effect on November 22, 2024, according to CBK Governor Kamau Thugge.
The new members include Isis Nyong’o, who brings 12 years of experience as a non-executive director.
Nyong’o currently serves on the boards of the Nairobi Securities Exchange and LGT Venture Philanthropy and has previously worked with boards such as Equity Bank Group. She has also advised entities like the Africa Research Centre for Harvard Business School.
Kemboi Kipruto, a Certified Investment and Financial Analyst, joins the MPC with a strong background in research, policy analysis, and data analytics. His expertise in investment methodologies and statistical modeling is expected to add value to the committee’s deliberations.
Freshia Mugo, a Senior Lecturer in Finance at Strathmore University, has over 14 years of experience serving on various boards. Her roles have included acting chair of the Kenya Anti-Money Laundering Advisory Board and leadership positions at the Capital Markets Authority, where she chaired key committees on finance and governance.
Jared Osoro, an economist with extensive expertise in international macroeconomics and financial policy, has held research leadership roles at the East African Development Bank and the Kenya Bankers Association. His work has focused on development financing, financial sector regulation, and regional integration.
The appointments are expected to strengthen the MPC’s capacity to guide Kenya’s monetary policy effectively and address emerging economic challenges.
