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[Kenya] Patrick Njoroge named best Central Bank governor in Sub Saharan Africa

[Kenya] Patrick Njoroge named best Central Bank governor in Sub Saharan Africa

Patrick Njoroge the governor of Central Bank of Kenya has been named the best governor in Sub Saharan Africa for his role in curbing inflation, cleaning up the banking sector and his drive to pursue a new policy openness and transparency.

Dr Njoroge received the Global Markets Central Bank Governor of the Year Award for Sub-Saharan Africa on the sidelines of the IMF/World Bank meetings in Washington, DC, according to a statement from the regulator.

This is the second award Dr Njoroge has received in the 15 months he has been at the helm of the CBK.

In May this year he received the Central Bank Governor of the Year Award at an African Development Bank (AfDB) conference.

Dr Njoroge was commended for his admirable stewardship of Kenya’s financial sector and vocal support for innovation in the industry.

In his acceptance speech, Dr Njoroge said he was deeply moved to be accorded the award as this was a recognition and validation of CBK’s actions in a difficult environment.

“I wish to thank all who made this possible, in particular the deputy governor and staff of the CBK and fellow governors of other central banks for their support,” said Dr Njoroge.

“I dedicate this award to CBK staff, they are CBK’s greatest assets and are transforming it to a world-class modern central bank.”

The honour came just three weeks after the CBK’s 50th anniversary celebrations.

www.centralbank.go.ke

 

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