AGADVOKS GLOBALKENYA · ENGLISH
☰ Menu
Central Bank of Kenya Act

15. Special disqualifications for Governor and Deputy Governor

Edition: 2026-07-24 · In force

My notebookDiscuss your situation

15. Special disqualifications for Governor and Deputy Governor

(1)The Governor and the Deputy Governor shall owe their allegiance entirely to the Bank and shall not engage in any paid employment or business or professional activity outside the duties of their respective offices:Provided that nothing in this subsection shall prevent the Governor or Deputy Governor from accepting or holding any academic office or position in an institution of higher learning or any advisory position or membership in any committee or commission with public responsibility, or from serving in any international financial institution of which Kenya is a member or with which Kenya is associated, or any specialized financial institution established by the Government.
(2)If the Governor or the Deputy Governor engages in any paid employment or business or professional activity outside the duties of his office contrary to subsection (1), the President shall terminate his appointment:Provided that in the case of the Governor, the provisions of section 14 shall apply.
(3)The President may specifically exempt any transactions or activities from the restrictions of this section.[Act No. 9 of 1996, s. 9.]
← Previous provisionNext provision →
Source: Kenya Law