Central bank’s Governor Patrick Njoroge has been feted as the best governor in sub-sub-Saharan Africa for his efforts to “curb” and “clean up” Kenya’s banking sector.
He was awarded the Global Markets ‘Central Bank Governor of the Year Award for Sub-Saharan Africa’ on the margins of the IMF/World Bank meetings in Washington, DC on Saturday.
Njoroge was lauded for his efforts his efforts to curb inflation, clean-up the banking sector and his drive to pursue a new policy of openness and transparency. He dedicated the award to staff members.
“I wish to thank all who made this possible, in particular, the deputy governor and staff of the CBK and fellow governor 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.
“They are the greatest assets the bank has and are transforming it to a world-class modern central bank,” he said.
“I am deeply moved to be accorded this award, the second I have received in the 15 months I have been at the CBK.”
In May this year, Patrick Njoroge was named the best governor in Africa during the 51st annual meeting of the African Development Bank in Lusaka, Zambia.