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Home Breaking News

Gerald Nyaoma Appointed as CBK Deputy Governor

Nyongesa Sande by Nyongesa Sande
6 months ago
in Breaking News
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Gerald Nyaoma Appointed as CBK Deputy Governor
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The National Assembly on Wednesday, November 27, 2024, officially approved the appointment of Gerald Nyaoma Arita as the Central Bank of Kenya (CBK) Deputy Governor. This followed his nomination by President William Ruto and subsequent vetting by a joint Parliamentary Committee of the Senate and National Assembly.

Parliamentary Approval Process

Kuria Kimani, chairperson of the National Assembly Finance Committee, presented the special motion supporting Nyaoma’s appointment. The motion emphasized Nyaoma’s qualifications and suitability for the role, with Parliament commending his extensive experience in the financial sector.

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The motion stated, “Taking into consideration the findings of the Joint Committee of the National Assembly Departmental Committee on Finance and National Planning and the Senate Standing Committee on Finance and Budget in its Report on the vetting of a nominee for appointment as the Deputy Governor of the Central Bank of Kenya, this House approves the appointment of Mr Gerald Nyaoma Arita as the Second Deputy Governor of the Central Bank of Kenya.”

Parliamentary Support

Members of the National Assembly, including Suba South MP Omondi Caroli, praised Nyaoma’s impressive academic and professional background.

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  • Caroli noted, “If you look at his academic records, he had a first-class degree at the University of Nairobi. He has deep domain knowledge of central banking in this country.”
  • Other lawmakers echoed these sentiments, describing Nyaoma as a dedicated civil servant and an experienced professional prepared to take on the role.

Career Highlights

Nyaoma has had a long and distinguished career at CBK, steadily rising through the ranks to become Deputy Governor. He was selected from an initial shortlist of six candidates identified by the Public Service Commission. His deep expertise in central banking and finance makes him a valuable addition to CBK’s leadership.

Additional Appointments

In the same session, the National Assembly approved:

  • Rehema Jaldesa as Chairperson of the National Gender Equality Commission.
  • Michael Nziomo as a member of the same commission.

These appointments reflect the government’s commitment to ensuring experienced professionals occupy key leadership roles in national institutions. Nyaoma will officially assume office as CBK’s second Deputy Governor upon taking the oath of office.

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Nyongesa Sande

Nyongesa Sande

Nyongesa Sande is a Kenyan entrepreneur, politician, blogger, YouTuber, Pan-Africanist, and co-founder of Bizmart Holdings LLC. He has a strong background in information technology, online marketing, and digital strategy. Sande is known for his expertise in software development, content creation, and e-commerce innovation. In addition to his work in media and business, he is also an active political activist and columnist with interests in governance, corporate ethics, human rights, and community development. His leadership at Bizmart Holdings focuses on leveraging technology to drive growth, empower communities, and expand Africa's presence in the global digital economy.

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