Dr Patrick Ngugi Njoroge, the nominee for the position of Governor of Central Bank of Kenya (CBK), is one step away from taking office after a parliamentary committee endorsed his nomination.
The National Assembly is today afternoon expected to debate and approve or reject Dr Njoroge and his deputy Sheila M’Mbijjiwe and the nominee for chairman Mohammed Nyaoga.
After his appointment, focus will turn to his salary. Dr Njoroge, who will be the ninth governor of the Central Bank of Kenya (CBK), earned a gross pensionable income of $358,843 in 2014 working as advisor to the World Bank managing director, which translates to about Ksh3 million per month at current exchange rates.
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If the government matches his salary or even decides to pay him more, he will effectively become the highest earning government employee in Kenya, beating even the President whose basic salary is Ksh1.6 million.
This will put the Salaries and Remuneration Commission, which has set curbs on civil servants pay, in a tight spot, unless Dr Njoroge takes a pay cut.
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