Raphael Owino takes over from Dr. Haron Sirima at Kenya's Public Debt Management Office (PDMO) as guard changes.
It's a case of passing the baton from one veteran Central Banker to another.
Sirima's exit comes a little over a week after Kenya retired its US$2.0 billion eurobond note, having made the final US$556.97 million payment to bond holders on June 21st.
Raphael Owino is now moving forward with the liability management exercise, with Kenya exploring debt swaps as well as Samurai and Panda issuances.
His appointment also comes just days after President William Ruto announced plans for an audit of public debt.
The move comes after Kenya's Salaries and Remuneration Commission announced a freeze on upward salary reviews for all state officers.
The commission says any adjustments will have to take account of the economy, contractual agreements, and budget availability.
It closely mirrors the COVID-19-induced salary review freeze.
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