CBK boss who tamed rogue banks but lost fight to save shilling

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Outgoing Central Bank of Kenya (CBK) governor Patrick Njoroge. FILE PHOTO | NMG

Patrick Njoroge is expected to hand over the office of governor of the Central Bank of Kenya (CBK) to Kamau Thugge this week, leaving behind a legacy of a tough regulator who was not afraid of speaking truth to power.

Eight years ago, during his vetting before Parliament, many people, including MPs, would have been forgiven for thinking that the soft-spoken economist would be an easy customer.

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