Ruto Nominates New CBK Deputy Governor
President William Ruto has officially nominated Gerald Nyaoma Arita to take up the role of the Deputy Governor of the Central Bank of Kenya (CBK). In a notice on Tuesday, November 12, the president indicated that the nominee is well qualified to take up the role. Gerald Nyaoma Arita has 36 years of professional experience […]
Sharon Koech
President William Ruto has officially nominated Gerald Nyaoma Arita to take up the role of the Deputy Governor of the Central Bank of Kenya (CBK).
In a notice on Tuesday, November 12, the president indicated that the nominee is well qualified to take up the role.
Gerald Nyaoma Arita has 36 years of professional experience and is the outgoing Director of the Bank Supervision Department at the Central Bank of Kenya (CBK).
Further, he currently serves on the Board of the SACCO Societies Regulatory Authority as an Alternate Member to the Governor.
Moreover, he has previously held various positions within the Central Bank of Kenya, including Director, Financial Markets Development; Director, Banking Services.
Also, he was previously the Director of the bank Supervision Department; Acting Director, of the Internal Audit Department; Senior Manager, the National Payment Services Division; and Assistant Branch Manager, of the Mombasa Branch, among other roles.
Gerald Nyaoma Arita’s Educational Background
” He holds a Master of Philosophy (Economics) degree from the University of Cambridge, United Kingdom as a Commonwealth scholar
“He also holds a Bachelor’s degree in Economics (First Class Honours) from the University of Nairobi. He is also a Certified Public Accountant (CPA-K), a Certified Secretary (CS), and an Associate of the Kenya Institute of Bankers (AKIB),” the statement read in part.
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