Naphtaly Kipchirchir Rono/HANDOUTThe Cabinet Secretary for the National Treasury, John Mbadi Ng’ongo, has appointed Naphtaly Kipchirchir Rono as the new Director-General of the Financial Reporting Centre (FRC). The appointment was made under section 25 (3) of the Proceeds of Crime and Anti-Money Laundering Act (Cap. Rono will serve a six-year term at the agency, which is tasked with monitoring financial transactions and combating money laundering. Rono will now be tasked with the responsibility of addressing concerns raised about Kenya’s financial transactions that have left the country on the grey list despite key reforms. On 17 June 2025, President William Ruto signed the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Act, 2025, into law.

Source: The Star February 25, 2026 15:41 UTC