I leave the Central Bank with a great sense of pride and accomplishment, which I can not do ample justice to highlight within the short space of time that I have now. I am sure another forum will open where I will share more broadly my experience while serving at the helm of Kenya’s financial sector.
On the regulatory front, realizing the emerging and critical role of nonbanks in digitization and payments, SBP, back in 2007 issued Regulations for Branchless Banking that disrupted the retail payments space by introducing agent based banking and payments services. Then in 2014, SBP issued the Rules for Payment System Operators and Service Providers.