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{
    "id": 558232,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/558232/?format=api",
    "text_counter": 511,
    "type": "speech",
    "speaker_name": "Hon. Langat",
    "speaker_title": "",
    "speaker": {
        "id": 384,
        "legal_name": "Benjamin Kipkirui Langat",
        "slug": "benjamin-langat"
    },
    "content": "Central Bank of Kenya, respectively, laid on the Table of the House on Wednesday, 17th June, 2015 and pursuant to the provisions of Sections 11, 13 and 13B of the Central Bank of Kenya Act, approves the appointment of Mr. Jairus Mohammed Nyaoga as the Chairperson of the Board of Directors, Dr. Patrick Ngugi Njoroge as the Governor, and Mrs. Sheila M’mbijiwe as the Deputy Governor of the Central Bank of Kenya. On behalf of the Departmental Committee on Finance, Planning and Trade and pursuant to the provisions of Standing Order No.199 (6), it is my pleasant privilege and honour to present to this House the Report of the Committee on the approval for the appointment of Mr. Jairus Mohammed Nyaoga, Dr. Patrick Ngugi Njoroge and Mrs. Sheila M’mbijiwe as the Chairperson, Governor and Deputy Governor of the Central Bank of Kenya (CBK) respectively. The Departmental Committee on Finance, Planning and Trade, like any other departmental committee, is comprised of 29 members. Its mandate, among other things, is to vet and report on all appointments where the Constitution or any other law requires the National Assembly to approve, except those under Standing Order No.204; that is those under the Committee on Appointments. The Committee oversees four ministries namely the National Treasury, Industrialisation and Enterprise Development, Commerce, Tourism and the East Africa Region, Devolution and Planning and four independent commissions. Article 231 of the Constitution provides for the establishment of the CBK through which the country’s monetary policies are formulated and administered. The Article is operationalised by the CBK Act. Section 11 of the CBK Act provides for a Chairperson of the Board of Directors of the CBK among other members of the Board. Section 11(2) provides that the Directors including the Chairperson shall be appointed by the President with the approval of the National Assembly. Persons eligible for appointment may hold office for a period of four years and eligible for reappointment for one further term. That explains why we are vetting only one Deputy Governor because the other Deputy Governor had already been vetted. Section 6(9) of the Public Appointments (Parliamentary Approval) Act No.33 of 2011 provides that any person may, prior to the approval hearing and by written statement on oath, provide the Clerk with evidence contesting the suitability of a candidate to hold the office to which the candidate has been nominated. To that extent, I wish to notify the House that the National Assembly put up an advertisement on 15th June, 2015. I wish to confirm that we did not receive any statement rejecting the appointment of any of the nominees. We also did not receive any negative or positive memorandum refusing or rejecting the appointment of each of those members. The Public Service Commission (PSC) put up advertisements as required by law and they came up with a list which was presented to His Excellency the President to appoint one among each on the list. For the position of Chairperson, the PSC on 16th April, 2015, forwarded the names of:- (i) Dr. Mbui Waganja; (ii) Mr. Mohammed J. Nyaoga; and, (iii)Mr. Nicholas Biti arap Korir. For the position of Governor, the PSC forwarded:- (1) Dr. Harun Sirima; The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}