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{
"id": 1563145,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1563145/?format=api",
"text_counter": 285,
"type": "speech",
"speaker_name": "Sen. Mungatana, MGH",
"speaker_title": "",
"speaker": null,
"content": "Sophie Moturi, Abdullahi Mohamed Abdi, Beatrice Kosgei, and David Simpson Osawa Owuor as Members of the Board of the Central Bank of Kenya (CBK). I am proud to participate in this approval today. Many years ago, when I was younger than I am today, after resigning from the Government, I moved the Public Appointments (Parliamentary Approval) Act. This Act ensured that important national positions would be approved through a parliamentary approval system. I am pleased that it has since been amended, improved, and now includes members of the Board of the CBK. To disclose my interest, the Chair of this Board, Mr. Mukite Musangi, is a good friend, a man of integrity, and someone whom we went to school with for six years. As I speak here, I know he is listening from his seat. There are two key issues. First, I believe the four nominees have outstanding Curriculum Vitaes (CVs), and I will not dwell on that. However, I would like to focus on two issues regarding the Board of the CBK and the challenges these nominees will face as they take up their responsibilities. The Board of the CBK is, first and foremost, responsible for oversight the CBK management, led by the Governor. May I say that Governor Thugge has performed well thus far? I am pleased that he has stabilized the financial and monetary situation in the country. However, I want to focus on the role of the Board of Directors of the CBK, particularly their oversight function. When examining oversight of the CBK’s management, one key issue that arises for us as representatives of the people is the fairness of the Human Resource (HR) distribution across counties. How equitably is HR representation spread across the country within the CBK? This new Board must ensure that, in their meetings, they ask important questions such as, how many employees at the CBK come from Tana River County, for example? How representative is the workforce across different regions? The HR component of the CBK has not been well distributed across the country, and this is an issue that needs urgent attention. I say so because when the CBK sits to provide various services to Kenyans, it is important for them to consider diverse perspectives and viewpoints on how their decisions affect the country as a whole. Therefore, it is my prayer that the new team, Sophie Moturi, Abdullahi Mohamed, Beatrice Kosgei, and David Simpson Osawa, takes the time to ensure that future recruitment by the management of the CBK is distributed fairly across the country. We should not, as a previous speaker noted, have departments in this country where people can comfortably converse in their mother tongues simply because they form the majority from a particular region. The second role of the Board of Directors of the CBK is to review the performance of the management, led by the Governor. In terms of performance evaluation, there is much to discuss regarding the CBK. What I have always hoped to see, and I am praying that this new team will prioritize, is the proper implementation of the Central Bank Act. It says that the Governor is the spokesperson of the CBK."
}