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{
    "id": 1507105,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1507105/?format=api",
    "text_counter": 153,
    "type": "speech",
    "speaker_name": "Sen. Tabitha Mutinda",
    "speaker_title": "",
    "speaker": null,
    "content": "Thank you, Mr. Deputy Speaker, Sir. I beg to move – THAT, the Senate adopts the Report of the Joint Sittings of the Standing Committee on Finance and Budget of the Senate and the Departmental Committee on Finance and National Planning of the National Assembly, on the nomination of Mr. Gerald Nyaoma Arita, for appointment to the position of Deputy Governor of the Central Bank of Kenya laid on the Table of the Senate on Thursday, 28th November, 2024; and pursuant to Section 13B (1) of the Central Bank of Kenya Act and Section 8 of the Public Appointments (Parliamentary Approval) Act, approves the nomination of Mr. Gerald Nyaoma Arita for appointment to the position of the Deputy Governor of the Central Bank of Kenya. Mr. Deputy Speaker, Sir, let me start by appreciating the Senate Members of the Committee on Finance and Budget and also the Members of the Committee on Finance and National Planning of the National Assembly. Since this was a Joint Committee, there was positive commitment and we embarked on the vetting process of the candidate, one Mr. Gerald Nyaoma Arita. Our focus was on the basics in terms of the qualifications, suitability and competency levels of the nominee. The basics were the education in terms of the Higher Education Loans Board (HELB), the Ethics and Anti-Corruption Commission (EACC) certifications, the Directorate of Criminal Investigations (DCI) reports, Kenya Revenue Authority (KRA) reports and Office of the Registrar of Political Parties. As a Committee, through this joint sitting, we were able to verify these documentations. I confirm before this House that Mr. Gerald was able to meet the required specifications as far as these documentations were concerned. One Mr. Gerald has over 36 years of experience in his banking expertise or sector. To narrow it, his expertise comes mainly from the Central Bank of Kenya (CBK). The nominee does hold a Master’s degree in Philosophy from the University of Cambridge in the United Kingdom (UK) and a Bachelor of Arts degree in Economics from the University of Nairobi where I am also an alumnus. He holds a Certificate of Public Accountants and he is a Certified Public Secretary from Kenya Accountants and Secretaries National Examination Board (KASNEB). Additionally, he is an associate of the Kenya Institute of Bankers. Mr. Deputy Speaker, Sir, when it comes to academic qualifications, Mr. Gerald met the required standards of a nominee for this particular position. There is his affiliation to the different bodies that I have mentioned such as the Kenya Institute of Bankers, KASNEB, Institute of Certified Public Accountants of Kenya (ICPAK) member and so on and so forth. The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Director, Hansard and AudioServices, Senate."
}