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"speaker_name": "Hon. (Ms.) Otucho",
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"legal_name": "Mary Emaase Otuch",
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"content": "Thank you, Hon. Deputy Speaker. I was busy congratulating Hon. Jimmy because he has spoken very well. I am a Member of the Departmental Committee on Finance, Planning and Trade and I was present during the interviews. I am surprised when I listen to my colleagues alleging these candidates are not qualified. We asked all those questions that Hon. Ochieng and Hon. Nyikal raised. We asked what the candidates think. We put questions to these candidates with respect to the issue of the challenges that are affecting the banking sector, interest rates and banks that have collapsed. We told them that they need to build confidence and protect Kenyans’ money and ensure that these banks survive. They gave us good answers and we are convinced that all of them qualify. When you look at Ravi, he has an MBA in Finance and worked for the World Bank and Deloitte. Other nominees like Nelius, have good experience. Mr. Cherutich has worked in Nairobi Hospital for over 11 years as the Financial Controller and other companies. Some people are calling them small companies. I do not know how small they are. He has training in finance and accounting. If you look at Kisotu, she has an MBA in Economics and a Bachelor’s Degree in Education. She is a Certified Public Accountant (CPA)K, a Certified Public Secretary and has worked in a number of companies. There is no question as to their qualifications. In any case, for a board, all the members should not necessarily be drawn from the finance sector. In fact, it is in order to balance the nominees, so that the board can benefit and be advised accordingly by individuals with different backgrounds to enrich the decisions and directions of the institutions. All the directors do not have to come from the finance background. 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."
}