FEATURED ARTICLE

Kenyan Named IMF Secretary

Share
Ceda Ogada, a Kenyan has been named new IMF secretary.
Share

Ceda Ogada, a Kenyan has been named as the International Monetary Fund’s next Secretary and Director of the Secretary’s Department.

Mr Ogada has worked with the Washington headquartered lender for 21 years and during that period, he progressed to the point pf being picked as the institution’s Deputy General Counsel in 2014.

“Ceda has outstanding institutional knowledge, strategic and intellectual heft, and people leadership. His unparalleled ability to bring people together, combined with his profound appreciation of the Fund’s institutional history and legal principles, as well as a strong service orientation, will help the Fund to even more effectively serve our member countries in a very challenging economic environment,” said IMF Managing Director Kristalina Georgieva.

The IMF has expressed confidence in Ogada’s abilities and listed the management of the Eurozone crisis during the global financial crisis as one of the Kenyan’s biggest achievements.

Prior to joining IMF, Mr. Ogada worked with the United Nations Conference on Trade and Development (UNCTAD) as a legal expert.

He received his preparatory education at Lenana School and Aga Khan Academy in Nairobi and holds a Liberal Arts degree from New Hampshire Dartmouth College and a Juris Doctor from the Harvard Law School.

Mr. Ogada is expected to step into his new role effective September 1, 2020 replacing Jianhai Lin who is set to retire.

See Also>>> IMF Approves Sh78.3bn Loan For Kenya Despite Accounting Inconsistencies

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
NSE
ANALYSIS

How to read the P/E Ratio of a listed firm

The Price-to-Earnings (P/E) ratio measures how much investors are paying for each...

EAC
BUSINESS

EAC Moves to Speed up Creation of a Monetary Union

The EAC (East African Community) secretariat in Arusha, Tanzania has revived ambitions...

SACCOs hold AGMs once a year
SACCOs

Tower SACCO launches Digital Loans as it holds Golden Jubilee Celebrations

Tower Deposit-Taking SACCO, the largest in Nyandarua County, held its 50th Anniversary...

NSE is in the red
ANALYSISBUSINESS

NSE Closed in the Red last week

NSE (Nairobi Securities Exchange) closed in the red last week with the...