President William Ruto has nominated Pius Angasa for appointment to the Board of Directors of the Central Bank of Kenya (CBK), with Parliament expected to begin the approval process before the August deadline.

National Assembly Speaker Moses Wetang’ula informed lawmakers of the nomination on Thursday, July 24, stating that the message was officially conveyed from the Head of State under Section 11 of the Central Bank of Kenya Act.

"I wish to report to the House that I have received a message from His Excellency the President regarding the nomination of a person for appointment to the board of the Central Bank of Kenya," Wetang'ula told members.

The President is seeking Parliament’s approval of Angasa’s appointment in line with existing laws governing public appointments. Senate Speaker Amason Kingi also delivered the same message to the Senate, with the two Houses expected to conduct a joint vetting process.

Wetang’ula referred Angasa’s nomination, curriculum vitae, and relevant supporting documents to the National Assembly’s Departmental Committee on Finance and Planning. The committee will lead a joint approval hearing alongside its Senate counterpart and submit a report to the House.

“The approval process should be undertaken in line with the provisions of the Public Appointments (Parliamentary Approval) Act and concluded within 28 days, which lapse on August 20, 2025,” Wetang’ula said.

With Parliament expected to go on a long recess, the Speaker called on the committees to speed up the vetting and ensure the final report is tabled by August 12, 2025.

The vetting process for such appointments typically takes 28 days. Once completed, the final recommendation is presented to the President for formal appointment.

The Central Bank's management team comprises the Governor and two Deputy Governors. These key officials are selected through an open, competitive process, approved by Parliament, and later appointed by the President. The Governor also serves as the Bank’s Chief Executive Officer and oversees all operations.

Currently, the CBK Board is chaired by Andrew Musangi. The Board is primarily responsible for setting the Bank’s policies and reviewing its overall performance. Meanwhile, the Monetary Policy Committee, chaired by the CBK Governor, handles monetary policy independently.

The Board holds regular meetings where it is briefed on the Bank’s activities, policy implementation, financial sector developments, and the broader economy.

The CBK Act outlines the qualifications, appointment procedures, and responsibilities for all directors serving on the Board.