Central Bank of Kenya

Central Bank of Kenya
*Benki Kuu ya Kenya*
Headquarters	Nairobi
Established	1966
Central bank of	Kenya
Currency	Kenyan shilling; KES (ISO 4217)
Preceded by	East African Currency Board
Website	www.centralbank.go.ke

The Central Bank of Kenya (Swahili: Benki Kuu ya Kenya) is Kenya's central bank. The bank is located in Nairobi. The bank's name is abbreviated to "CBK". Central Bank of Kenya was founded in 1966 after the dissolution of East African Currency Board (EACB).

Role of the Bank

The Bank is active in promoting financial inclusion policy and is a leading member of the Alliance for Financial Inclusion. It is also one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under the Maya Declaration during the 2011 Global Policy Forum in Mexico.

Management

Governor

The current governor of the bank is Patrick Ngugi Njoroge. Former Governors of the Bank are:^[1]

Dr. Leon Baranski (May 1966 - May 1967)
Mr. Duncan Ndegwa (May 1967 - December 1982)
Mr. Philip Ndegwa (December 1982 - January 1988)
Mr. Eric Kotut (January 1988 - July 1993)
Mr. Micah Cheserem (July 1993 - April 2001)
Mr. Nahashon Nyagah (April 2001 - March 2003)
Dr. Andrew Mullei (March 2003 - March 2007)
Prof. Njunguna Ndung'u(March 2007 - March 2015)
Dr. Patrick Ngugi Njoroge(June 2015 - Incumbent)

Deputy Governor

The current Deputy Governor is Dr. Haron Sirima. Former Deputy Governors include:

Ahmed Abdallah 1983-1984 ^[2]^[3]
Eric Cheruiyot Kutut 1984 ^[4]
Wanjohi Muriithi - Appointed 1992 ^[5]
Thomas Nzioki Kibua - Appointed 1997^[6]
Edward C Sambili 2001^[7]
Jacinta Wanjala Mwatela - Appointed 2005 ^[8]

Board of Directors

The composition of the current board of directors is as follows:^[9]

Dr. Mbui Wagacha - Ag. Chairman of the Board
Dr. Patrick Njoroge - Governor
Dr. Haron Sirima - Deputy Governor
Mr. Joseph Kinyua - PS Treasury, Member
Ms Vivienne A. Y. Apopo,
Dr. William Otiende Ogara,
Mr. John G. Msafari,
Ms Florence K. Muindi,

References

^ http://www.centralbank.go.ke/index.php/former-governors
^ Kenya Gazette. 7 January 1983. p. 2. Retrieved 1 January 2013.
^ Kenya Gazette. 16 October 1984. p. 1482. Retrieved 1 January 2013.
^ Kenya Gazette. 26 October 1986. p. 1398. Retrieved 1 January 2013.
^ Kenya Gazette. 10 January 1992. p. 22. Retrieved 1 January 2013.
^ Kenya Gazette. 4 July 1997. p. 1184. Retrieved 1 January 2013.
^ Kenya Gazette. 17 August 2001. p. 1832. Retrieved 1 January 2013.
^ Kenya Gazette. 27 May 2005. p. 1162. Retrieved 1 January 2013.
^ http://www.centralbank.go.ke/index.php/board-of-directors

External links

[1] ttp://www.centralbank.go.ke/index.php/former-governors

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

[KenyaGazette2-3] Kenya Gazette. 16 October 1984. p. 1482. Retrieved 1 January 2013.

[KenyaGazette3-4] Kenya Gazette. 26 October 1986. p. 1398. Retrieved 1 January 2013.

[KenyaGazette4-5] Kenya Gazette. 10 January 1992. p. 22. Retrieved 1 January 2013.

[KenyaGazette5-6] Kenya Gazette. 4 July 1997. p. 1184. Retrieved 1 January 2013.

[KenyaGazette6-7] Kenya Gazette. 17 August 2001. p. 1832. Retrieved 1 January 2013.

[KenyaGazette7-8] Kenya Gazette. 27 May 2005. p. 1162. Retrieved 1 January 2013.

[9] ttp://www.centralbank.go.ke/index.php/board-of-directors

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v t e Banks of Kenya
Central bank	Central Bank of Kenya
Commercial bank	Absa Bank Access Bank Kenya African Banking Corporation Bank of Africa Bank of Baroda Bank of India CIB Kenya Citibank NA Kenya Consolidated Bank of Kenya Cooperative Bank of Kenya Credit Bank Development Bank of Kenya Diamond Trust Bank East African Development Bank Ecobank Kenya Equity Bank Family Bank Guaranty Trust Bank Guardian Bank Gulf African Bank Habib Bank AG Zurich Housing Finance Company of Kenya I&M Bank Kingdom Bank Limited Kenya Commercial Bank Middle East Bank Kenya M-Oriental Bank National Bank of Kenya NCBA Bank Paramount Universal Bank Post Bank Premier Bank Prime bank SBM Bank Kenya Sidian Bank Stanbic Bank Standard Chartered Kenya United Bank for Africa Victoria Commercial Bank
Financial services organization	DTB Group Equity Group Holdings HF Group I&M Holdings KCB Group Kenya Mortgage Refinance Company NCBA Group
Foreign banks	Bank of China Bank of Kigali FirstRand HDFC Bank Nedbank HSBC
Defunct banks	Chase Bank Commercial Bank of Africa (Formerly part of CBA Group) Dubai Bank Kenya Euro Bank Fina Bank Giro Commercial Bank Habib Bank Imperial Bank Limited Spire Bank
Microfinance Institutions	Choice Microfinance Bank Faulu Kenya Kenya Women Microfinance Bank SMEP Microfinance Bank
SACCOs	Imarisha Sacco Society Mwalimu National Sacco United Nations Sacco Society Unaitas
Related Topics	Automated Teller Machine (ATM) ATM usage fees De-Materialisation (DEMAT) Financial services Foreign Exchange (FOREX) National Electronic Fund Transfer (NEFT) Real Time Gross Settlement (RTGS) Structured Financial Messaging System (SFMS)

v t e Economy of Kenya
Currency	Kenyan shilling (KES) Central Bank of Kenya	Flag of Kenya
History	Kenya Economic Stimulus Programme History of trade Corruption
Industry and business	Agriculture Automotive industry Beer Coffee Sugar Energy Real estate Tourism
Government agencies	The Treasury Kenya Revenue Authority NOCK KenGen Kenya Ports Authority KPC Kenya Railways Corporation
Companies and counties	Companies Bamburi Cement Kenya Airways East African Breweries Counties
Transport and Infrastructure	Airports Roads Railway Thika Road Mombasa Port Jomo Kenyatta International Airport
Communications	Mobile networks Safaricom Airtel Kenya Telkom Kenya Submarine cables SEACOM EASSy TEAMS
Finance and banking	Nairobi Securities Exchange Traded companies Accounting Banks Insurance
Economic blocs	East African Community COMESA CEN-SAD AGOA
Energy	Geothermal power Hydro power Nuclear Petroleum Renewable energy Solar power Wind power
Future	Kenya Vision 2030 Konza Technopolis Lamu Port and Lamu-Southern Sudan-Ethiopia Transport Corridor

v t e Kenya Government regulatory bodies
Media, arts and telecommunication	Communications Authority of Kenya Kenya Film Commission Kenya Film Classification Board Information and Communication Technology Authority
Environment and health care	Medical Practitioners and Dentists Board Pharmacy and Poisons Board National Environment Management Authority
Commercial and financial services	Insurance Regulatory Authority Retirement Benefits Authority Central Bank of Kenya Capital Markets Authority Sacco Societies Regulatory Authority Competition Authority of Kenya Betting Control and Licensing Board Kenya Trade Network Agency Kenya Deposit Insurance Corporation Policyholders Compensation Fund
Manufacturing and agriculture	Kenya Bureau of Standards Kenya Plant Health Inspectorate Services
Transport, infrastructure and energy	National Construction Authority Kenya National Highways Authority Kenya Urban Roads Authority Kenya Rural Roads Authority Water Services Regulatory Board Energy and Petroleum Regulatory Authority Kenya Road Board Kenya Civil Aviation Authority Kenya Maritime Authority Kenya Electricity Generating Company Kenya Electricity Transmission Company Kenya Power and Lighting Company Geothermal Development Company Rural Electrification and Renewable Energy Corporation Kenya Nuclear Regulatory Authority
Public sector management	Salaries and Remuneration Commission Parliamentary Service Commission Judicial Service Commission Teachers Service Commission Public Service Commission Public Procurement Oversight Authority

v t e Central banks
Global	Bank for International Settlements Basel Committee on Banking Supervision Financial Stability Board
Policies	Capital requirement Contractionary monetary policy Expansionary monetary policy Basel Accords
Implementation	Capital control Discount rate Interest rates Money creation Open market operation Sovereign wealth fund
Bretton Woods system	International Monetary Fund World Bank Group International Bank for Reconstruction and Development International Centre for Settlement of Investment Disputes International Development Association International Finance Corporation Multilateral Investment Guarantee Agency
Lists	List of central banks Central banks and currencies of Africa Central banks and currencies of Asia-Pacific Central banks and currencies of the Caribbean Central banks and currencies of Europe Central banks and currencies of the Americas