The Capital Markets Authority has confirmed acting Chief Executive Officer Shamiah Wyckliffe as the substantive new CEO.
The confirmed appointment comes after an approval by the Treasury Cabinet Secretary Ukur Yatani.
Shamiah has been serving in interim capacity at the Capital Markets Authority since January 2020, when he was appointed to replace Former CEO , Paul Muthaura who exited in December 2019.
Shamiah has held multiple career positions at the Capital Markets Authority for over 23 years.
Speaking via a staff Memo , CMA Chairman James Ndegwa confirmed saying “it is important to note that Mr Shamiah’s appointment to the position in a substantive capacity having acted since the beginning of the year, proves stability and continuity at a time the Authority ,the capital markets , industry players, issuers and investors and indeed Kenya and the globe deal with the disruption and devastation brought about by Covid-19.”
Shamiah has prior held director of market operations since 2011 November, financial analysis, research and senior market supervision positions at the Capital Markets Authority.