Central Bank of Kenya

Central Bank of Kenya
*Banki Kuu ya Kenya*
Coordinates	1°17′24″S 36°49′30″E / 1.28988°S 36.824922°ECoordinates: 1°17′24″S 36°49′30″E / 1.28988°S 36.824922°E
Established	1966
Ownership	100% state ownership
Central bank of	Kenya
Currency	Kenyan shilling; KES (ISO 4217)
Reserves	7 510 million USD
Preceded by	East African Currency Board
Website	www.centralbank.go.ke

The Central Bank of Kenya (CBK) (Swahili: Banki Kuu ya Kenya) is the monetary authority of Kenya. Its head office is located in Nairobi. CBK was founded by in 1966 after the dissolution of East African Currency Board (EACB). Dr. Patrick Ngugi Njoroge is current Governor of CBK and Sheila M’Mbijjewe is the Deputy Governor.

Organizational structure[]

Management[]

The bank’s executive management team comprises the governor, deputy governors and heads of departments. The governor assumes the role of Chief Executive Officer of the bank and is therefore responsible for its overall management. The governor is also the bank’s official spokesperson.

Governor[]

The current governor of the bank is Patrick Ngugi Njoroge. Former governors of the Bank are:^[2]

Prof. Njuguna Ndung'u (March 2007 – March 2015)
Dr. Andrew Mullei (March 2003 – March 2007)
Nahashon Nyagah (April 2001 – March 2003)
Micah Cheserem (July 1993 – April 2001)
Eric Cheruiyot Kotut (January 1988 – July 1993)
Philip Ndegwa (December 1982 – January 1988)
Duncan Ndegwa (May 1967 – December 1982)
Dr. Leon Baranski (May 1966 – May 1967)

Deputy governor[]

The current deputy governor is Sheila M'Mbijjewe. Former deputy governors include:

Dr. Haron Sirima (2011–2015)
Dr. Hezron Nyangito (2008–2011)
Jacinta Wanjala Mwatela (2004–2008), acting Governor 2006–2007^[3]
Edward C. Sambili (2001–2004)^[4]
Thomas Nzioki Kibua (1993–2001)^[5]
Wanjohi Muriithi (1991–1993)^[6]
Eliphaz Riungu (1988–1991)
Eric Cheruiyot Kotut (1984–1988)^[7]
Ahmed Abdallah (1967–1984) ^[8]^[9]

Members of the board[]

The current board of directors is as follows:^[10]

Mohammed Nyaoga – Chairman of the Board
Principal Secretary to the National Treasury
Dr. Patrick Njoroge – Governor
Nelius Kariuki – member
Rachel Dzombo – member
Ravi Ruparel – member
Samson Cherutich – member
Charity Kisotu – member

Departments[]

Governor's Office
Banking Services
National Payments System and Risk Management
Research
Bank Supervision
Financial Markets
Currency Operations and Branch Administration
Strategic Management
Finance and IMS
Procurement and Logistics Services
Internal Audit
Human Resources
Kenya School of Monetary Studies

References[]

^ Jump up to: ^a ^b https://d-nb.info/1138787981/34
^ "Archived copy". Archived from the original on 2013-01-17. Retrieved 2013-01-01.CS1 maint: archived copy as title (link)
^ Kenya Gazette. 27 May 2005. p. 1162. Retrieved 1 January 2013.
^ Kenya Gazette. 17 August 2001. p. 1832. Retrieved 1 January 2013.
^ Kenya Gazette. 4 July 1997. p. 1184. Retrieved 1 January 2013.
^ Kenya Gazette. 10 January 1992. p. 22. Retrieved 1 January 2013.
^ Kenya Gazette. 26 October 1986. p. 1398. Retrieved 1 January 2013.
^ Kenya Gazette. 7 January 1983. p. 2. Retrieved 1 January 2013.
^ Kenya Gazette. 16 October 1984. p. 1482. Retrieved 1 January 2013.
^ "Archived copy". Archived from the original on 2013-01-16. Retrieved 2013-01-01.CS1 maint: archived copy as title (link)

^[1]

Official website

^ Nyagaka, Vincent. "Central Bank of Kenya (CBK)". Benstride. Retrieved 2021-02-01.

[dnbinfo-1] Jump up to: ^a ^b https://d-nb.info/1138787981/34

[2] "Archived copy". Archived from the original on 2013-01-17. Retrieved 2013-01-01.CS1 maint: archived copy as title (link)

[KenyaGazette7-3] Kenya Gazette. 27 May 2005. p. 1162. Retrieved 1 January 2013.

[KenyaGazette6-4] Kenya Gazette. 17 August 2001. p. 1832. Retrieved 1 January 2013.

[KenyaGazette5-5] Kenya Gazette. 4 July 1997. p. 1184. Retrieved 1 January 2013.

[KenyaGazette4-6] Kenya Gazette. 10 January 1992. p. 22. Retrieved 1 January 2013.

[KenyaGazette3-7] Kenya Gazette. 26 October 1986. p. 1398. Retrieved 1 January 2013.

[KenyaGazette1-8] Kenya Gazette. 7 January 1983. p. 2. Retrieved 1 January 2013.

[KenyaGazette2-9] Kenya Gazette. 16 October 1984. p. 1482. Retrieved 1 January 2013.

[10] "Archived copy". Archived from the original on 2013-01-16. Retrieved 2013-01-01.CS1 maint: archived copy as title (link)

[11] Nyagaka, Vincent. "Central Bank of Kenya (CBK)". Benstride. Retrieved 2021-02-01.

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