This archive report was first published on 3 September 2019.
On September 3, 2019, the Capital Markets Authority (CMA) began the search for a new Chief Executive to succeed Paul Muthaura, who opted not to renew his contract.
According to a job advertisement by the CMA Board, candidates have until September 27, 2019, to apply for the position.
Paul Muthaura's contract is set to expire on December 31, 2019, and the position will become vacant in January 2020.
The Treasury Cabinet Secretary will appoint a new Chief Executive on the recommendation of the CMA Board for a four-year renewable contract.
As stated by CMA Board Chairman James Ndegwa, the CEO's role will provide vision and leadership in the regulation and development of Kenya's capital markets.
James Ndegwa added that the future Chief Executive will be responsible for developing and implementing strategies to address emerging issues, risks, and opportunities in the markets to safeguard investor confidence and market integrity.
