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Ruto appoints Nairobi businessman to chair Capital Markets Authority board

Ruto appoints Nairobi businessman to chair Capital Markets Authority board
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Yatani picks team to lead Nairobi financial hub


Yatani picks team to lead Nairobi financial hub
by ALLAN KISIA
It will provide policy direction on the execution of the Capital Markets plan
Kenya is moving closer to establishing its international financial centre with the National Treasury appointing a capital markets task force.
Although the country set up Nairobi International Financial Centre amid opposition from civil societies in 2017, the implementation has been slow.
On Friday, Treasury CS Ukur Yatani appointed a steering committee to be known as the Capital Markets Master Plan Implementation Steering Committee (CMMISC) .
The committee will take overall responsibility for oversight in the implementation of the Kenya Capital Markets Master Plan and facilitating its alignment with the establishment of Kenya as the heart of Capital Markets financing and investment in Africa and Nairobi as an International Financial Centre.

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