AGADVOKS GLOBALKENYA · ENGLISH
☰ Menu
Central Bank of Kenya Act

10. Board of Directors

Edition: 2026-07-24 · In force

My notebookDiscuss your situation

10. Board of Directors

There shall be a Board of Directors of the Bank, constituted as provided in section 11 which shall, subject to the provisions of this Act, be responsible for—
(a)determining the policy of the Bank, other than the formulation of monetary policy;
(b)determining the objectives of the Bank, including oversight for its financial management and strategy;
(c)keeping under constant review the performance of the Bank in carrying out its functions;
(d)keeping under constant review the performance of the Governor in discharging the responsibility of that office;
(e)keeping under constant review the performance of the Governor in ensuring that the Bank achieves its objectives;
(f)determining whether the policy statements made pursuant to section 4B are consistent with the Bank’s primary function and policy objectives under section 4; and
(g)keeping under constant review the use of Bank’s resources.
[Act No. 9 of 2007, s. 69.]
← Previous provisionNext provision →
Source: Kenya Law