Parliament on Tuesday, August 5, 2025, commenced approval hearings for Pius Angasa, the nominee for appointment as a member of the Board of Directors at the Central Bank of Kenya (CBK).

The Departmental Committee on Finance and National Planning of the National Assembly sat jointly with the Senate Standing Committee on Finance and Budget to vet Angasa, following his nomination by President William Ruto.

According to a communication from Parliament, the nomination was formally submitted to the Speakers of both Houses by the Head of Public Service, in line with Section 11(2) of the Central Bank of Kenya Act (Cap 491), which gives the President powers to appoint CBK Board members subject to parliamentary approval.

Angasa brings over two decades of experience in the technology and telecommunications sectors, having held leadership positions at international firms, including.

His background in commercial and operational management is expected to add value to the CBK Board at a time when the country is navigating complex monetary and fiscal challenges.

Described as a multilingual business leader, Angasa is currently serving as the Chairman of International Needs Kenya, a non-profit organisation, as well as Hill Flats Residence.

During the vetting, Members of Parliament scrutinised his academic background, leadership track record, and understanding of monetary policy, economic regulation, and financial governance.

The CBK Board plays a crucial role in formulating and overseeing policy that ensures price stability and a sound financial system, key pillars for Kenya’s economic development.

If approved, Angasa will join other directors in guiding the institution’s governance at a time when the country faces high inflation, currency pressures, and increasing calls for financial sector reforms.

The outcome of the vetting will be communicated to the House for further debate and adoption as required.