CBK governor Patrick Njoroge

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The Central Bank of Kenya (CBK) has resolved to hiring additional enforcement employees.This part of an effort to increase its supervision capacity.CBK has already invited applications for a number of positions seen as response to the recent collapse of three banks.The positions include information systems auditors, general operations auditors, risk officers, portfolio officers, market analysts and finance officers. Over the last two years, CBK has been trying to expand its inspection staff to enforce compliance in the banking sector.Governor Patrick Njoroge has said that in the recent past that the regulator must strengthen its supervision of the banking sector after claims of possible malpractice at the collapsed Imperial Bank.“It is clear that we need to strengthen our bank supervision dramatically,” the CBK boss said earlier.5