Munir Sheikh: Former NBK Boss Shortlisted for CBK Post After Receiving Over KSh 26m for Unfair Dismissal

• The Public Service Commission shortlisted 10 candidates for the position of second deputy governor of the Central Bank of Kenya (CBK)
• Former National Bank of Kenya (NBK) Chief Executive Officer Munir Sheikh was among the selected candidates
• Munir made it to the list a year after he received over KSh 26 million for unfair dismissal in 2016
• Also listed is the former East African Community ministry principal secretary Susan Jemtai Koech

Former National Bank of Kenya (NBK) Chief Executive Officer has made it to the list of 10 candidates for the position of deputy governor National Bank of Kenya.

Munir Sheikh was selected by the Public Service Commission (PSC) alongside Susan Jemutai, former East African Community ministry principal secretary.

Jemutai was dropped from the KSh 63 billion Arror and Kimwarer dam scandal suspect case.

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Munir Sheikh dismissal

The NBK ex-boss made it to the list after receiving KSh 26.5 million compensation in 2020, following his unfair dismissal in 2016, Nation reported.

PSC listed 79 applicants for the position and later shortlisted 10, who include finance experts.

Charles Ringera (Higher Education Loan Board CEO), former water PS James Teko, and CBK bank supervision director Gerald Arita are on the list.

Others include Christopher Mwebesa – Central Depository and Settlement Corporation CEO, and Jean Moira – portfolio director at financial management Gavi, based in Geneva, Switzerland.

Kenya Ports Authority (KPA) risk manager Fredrick Otieno, Capital Markets Authority (CMA) former CEO Paul Muriithi, are also on the list.

The position was advertised in October 2022, locking out salaried employees of public entities and members of parliament or county assemblies.

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“…director, officer, employee, partner in or shareholder of any specified bank or financial institution are discouraged to apply,” PSC said in its advert.

Source: TUKO.co.ke