Eye on debt, cost of credit as CBK boss takes on term two

Central Bank of Kenya. FILE PHOTO | NMG

Within the first 12 months of taking office as the Governor of the Central Bank of Kenya (CBK), Patrick Njoroge faced several crises, including the collapse of three commercial banks—Imperial, Chase and Dubai.

His willingness to let undisciplined or wayward banks fall was the first thing that many people noticed about the new governor. It was not going to be easy for banks to misbehave. Not with a boss who did not believe in peddling influence.

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