Declaration of a Vacancy

Pursuant to the provisions of Article 231 of the Constitution and Sections 10-15 of the Central Bank of Kenya Act, Chapter 491 Laws of Kenya, an advertisement for the posts of Chairperson, Governor and Deputy Governor, Central Bank of Kenya was placed in the daily newspapers on 11th March, 2015.

Details of all the applicants for the three (3) positions and those shortlisted for the positions of Chairperson and Governor can be accessed on the Commission’s website: www.publicservice.go.ke

However, the position of the Deputy Governor, Central Bank of Kenya did not attract adequate qualified applicants and therefore the need to re-advertise as below:

(Those who had applied for this position in the earlier advertisement need not reapply).
 

(i) be a citizen of Kenya;

(ii) be a fit and proper person of recognized professional standing;

(iii) have a Bachelors degree in any of the following fields: Economics, Banking, Finance or Law;

(iv) have over ten (10) years experience at senior management level in the field of economics, banking, finance, law or other fields relevant to the functions of the Central Bank;

(v) have knowledge or experience in monetary, financial, banking and economic matters or other disciplines relevant to the functions of the Central Bank; and

(vi) be a person of integrity and meet the requirements of Chapter Six of the Constitution of Kenya.

Added advantage: Proven track record of performance at senior management position in a large public, private or international organization.
 

Personal Attributes

(i) be a strategic, result oriented, creative and analytical thinker.

(ii) have proven leadership and top management skills.

(iii) sound judgment and decision making skills.

(iv) excellent communication and interpersonal skills.
 

Duties and Responsibilities

The Deputy Governor shall be responsible to the Governor, Central Bank of Kenya and will deputize the Governor in all his duties and responsibilities.

Disqualification Criteria

No person shall be appointed as Deputy Governor of the Central Bank of Kenya if he/she is:

(a) a Member of the Parliament or a Member of a County Assembly;

(b) a salaried employee of any public entity (except on a secondment basis);

(c) a director, officer, employee, partner in or shareholder of any specified bank or specified financial institution.

The Deputy Governor shall not engage in any paid employment or business or professional activity outside the duties of their respective offices.

(i) The Deputy Governor shall hold office for a term of four years, but shall be eligible for re-appointment for one further term of four years.

(ii) The Deputy Governor shall be paid by the Bank such salaries and allowances as may be determined from time to time.

(iii) This advertisement can be accessed on the Commission’s website www.publiceservice.go.ke. The names of all applicants and those shortlisted shall be published on the Commission’s website after the closure of the advert.

(iv) All applicants should attach clearances from the following bodies:

(a) Kenya Revenue Authority,
(b) Higher Education Loans Board,
(c) A licensed Credit Reference Bureau,
(d) Ethics and Anti- Corruption Commission,
(e) Director of Criminal Investigations,
(f) Relevant Professional Body.
 

Mode of Application

(i) All applications should be submitted together with detailed curriculum vitae, a copy of ID/Passport, copies of academic certificates, testimonials, clearances, publications (if any) and any other relevant supporting documents.

(ii) Applications should be submitted in a sealed envelope clearly marked “Application for Deputy Governor, Central Bank of Kenya” and addressed and delivered to:

The Secretary,
Public Service Commission,
Commission House,
P.O. Box 30095 – 00100
Nairobi.

So as to be received on or before 9th April, 2015 (latest by 5.00 p.m.)

Alice A. Otwala (Mrs.) CBS
Secretary/CEO
Public Service Commission