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Njoroge is tops on character, it’s now time to tighten money bolts - 6 days ago, 06:06

Jaindi Kisero

Dr Patrick Njoroge, who has just been reappointed to serve as Governor of the Central Bank of Kenya for another four-year term, is a man devoid of ego and instinctively averse to self-advertisement.

His tenure at the CBK is an engaging story about the impact of personality in an office.

Indeed, the main reason his reign has captured the imagination of the public is not what he achieved on the monetary policy front — such as low and steady inflation, stable exchange rate or relative stability of the banking. It is about integrity and character in public leadership.

Many did not agree with him when, at his parliamentary nomination hearings, he spoke against policy-led consolidation of banks and for market-led reforms.

His critics may have had the laugh after the government recently ordered Kenya Commercial Bank (KCB) to merge with the troubled National Bank of Kenya. The merger of the State-owned banks ...
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