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Your email address will not be published.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
World Bank
BUSINESS

Kenya’s Economy to Grow by 4.3% in 2026-World Bank Forecast

Kenya’s GDP growth is pegged at 4.3% by the World Bank, a...

IMF headquarters in Washington DC, US.
BUSINESS

Kenya’s GDP to Decline to 4.5% in 2026-IMF Forecast

Kenya's Economic Growth rate is projected to decline to 4.5% in 2026...

NSE UNDERGOING MARKET CORRECTION
BUSINESS

NSE: Has the Market Hit a Bear Run or Undergoing Correction?

NSE (Nairobi Securities Market) Activity for the past three consecutive weeks has...

Nedbank Group has completed acquiring NCBA
BUSINESS

NCBA Shares to be Suspended At NSE As Nedbank Moves to Complete Takeover

NCBA  Group has  announced the successful completion of Nedbank Group Limited’s strategic...