Dr Patrick Njoroge has been reappointed by President Uhuru Kenyatta as Central Bank of Kenya (CBK) Governor for another four year term.
In a special gazette notice, Dr Njoroge whose tenure was set to end on June 19, 2019 will now serve until 2023.
The CBK Governor was appointed in June 2015 as a replacement for Prof Njuguna Ndung’u on a four-year contract.
Assessing his four-year stint, Governor Njoroge summarised his tenure as the very head and tails defining the course of his stay but insisted on the need to focus on the deliverables amidst the transition audit.
“There have been many successes, failures and sleepless nights. This is however not the time to have a reappraisal of what has happened but a period to deliver on what needs to be done,” he said.
The terms for Deputy Governor Sheila M’Mbijjewe and board chairman Mohammed Nyaoga, which were to lapse on June 19, have been extended.