Central Bank of Kenya (CBK) Governor Patrick Njoroge was on Monday was awarded the Central Banker of the Year Award in Africa by the Financial Times group.
The African Financial magazine disclosed that Mr Njoroge deserved the accolade for his efforts to clean up the country's banking sector.
"Mr Njoroge has improved supervision and guidance measures and spearhead efforts to position Kenya as a hub for green finance.
"The Governor’s prudence and long-term vision for Kenya’s economy and banking sector ensured that he scooped the Central Bank Governor of the Year award for Africa.
[caption caption="File image of Central Bank of Kenya (CBK) Governor Patrick Njoroge "]
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"In a financial services market as large and as complex as Kenya’s, it helps to have a steady hand leading the apex bank. Dr Patrick Njoroge is just that," the Magazine stated on Monday evening.
In 2016, The Governor received the Global Markets 'Central Bank Governor of the Year Award for Sub-saharan Africa' on the margins of the IMF/World Bank meetings in Washington, DC.
Earlier in November, he announced that the new design currency would be issued during the second quarter of 2018.
Governor Njoroge acknowledged that there were court cases against the new currency but the regulator would go ahead with the set plans to unveil it.
"We are aware we have been sued and all that, but we will leave that to the courts. But from our perspective, we are moving ahead.
"We expect to issue the new generation currency sometime in the second quarter of 2018," he explained.
[caption caption="File image of Central Bank of Kenya (CBK) Governor Patrick Njoroge "]
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