CBK's head office in Nairobi
|Established||24 March 1966(legal) |
14 September 1966 (public operation)
|Ownership||100% state ownership|
|Governor||Patrick Ngugi Njoroge|
|Central bank of||Kenya|
KES (ISO 4217)
|Preceded by||East African Currency Board|
The Central Bank of Kenya (CBK) (Swahili: Banki Kuu ya Kenya) is the monetary authority of Kenya. Its head office is located in Nairobi. CBK was founded by in 1966 after the dissolution of East African Currency Board (EACB). Patrick Ngugi Njoroge is the current Governor and Sheila M’Mbijjewe is the Deputy Governor.
The bank’s executive management team comprises the governor, deputy governors and heads of departments. The governor assumes the role of Chief Executive Officer of the bank and is therefore responsible for its overall management. The governor is also the bank’s official spokesperson.
The current governor of the bank is Kamau Thugge. Former governors of the bank are:
The current deputy governor is Sheila M'Mbijjewe. Former deputy governors include:
The current board of directors is as follows:
Amid the COVID-19 pandemic, the CBK instituted a loan restructuring program to help financially distressed borrowers. The restructuring program was in place from March 2020 to March 2021.
In 2021, legislation passed the National Assembly that allows the CBK to cap interest rates and to revoke the licenses of digital lenders that breach the Data Protection Act or the Consumer Protection Act.