Raphael Owino named Kenya's new public debt management boss

Raphael Owino has been appointed as the new Director General of Public Debt Management at the National Treasury, taking over from Haron Sirima who left the exchequer in January.

In a statement issued on Wednesday, the Treasury welcomed Mr. Owino's appointment noting that his expertise, experience, and insights will greatly benefit the department.

"The National Treasury is pleased to welcome Mr. Owino to our esteemed team. He brings a wealth of knowledge and valuable experience from his previous role at the Central Bank of Kenya," read the statement.

"His expertise in public debt management, particularly in achieving and maintaining sustainable public debt, reducing long-term debt servicing costs, and managing the risk of contingent liabilities, will be a significant asset.”

Additionally, the Treasury thanked Mr. Sirima for his years of service, wishing him well on his future endeavors.

"We extend our appreciation and gratitude to Dr. Haron Sirima, the outgoing Director General, for his invaluable contribution during his tenure at the National Treasury. His dedication and leadership have been instrumental in advancing our goals. We wish him all the very best in his new endeavors," added the statement.