The International Monetary Fund (IMF) has kicked off the recruitment process for the Director of the Office of Internal Audit and Inspection (OIA), after end of contract of a Kenyan, Dr. Nancy Onyango.
Dr. Onyango will leave the Bretton Woods institution on January 29, 2024, when her second term ends.
“Nancy’s contributions, through her work and dedication over the past six years, ensure that the Fund meets the highest standards of transparency and accountability in the service of our membership,” IMF’s Managing Director Kristalina Georgieva said in a statement.
During her tenure, the Office of Internal Audit and Inspection conducted several important reviews, including an audit of the Fund’s Enterprise Risk Management Framework, the first ever in the history of the Fund.
The Audit’s recommendations, when fully implemented, will standardize the embedding of risk management into all facets of the Fund’s work.
“Under Dr. Nancy’s leadership, OIA’s work in supporting the Fund’s transformational programs, particularly the innovative Readiness Assessments done before each program’s launch, has been well received by the various program steering committees, Fund staff, and Management, the External Audit Committee, and the IMF Executive Board,” Georgieva added.
Dr. Onyango is credited for her leadership in the task force that developed the IMF’s first mental health strategy in 2022.
Prior to joining the Fund, Onyango worked at two global multinational audit and advisory firms, PricewaterhouseCoopers, and Ernst and Young, over a span of 25 years and was based in several locations including the United Kingdom, Europe, and across Africa.
She has worked as a gender leadership specialist and remains keen to support women in achieving their career goals and continues to sit on the Boards of Global Give Back Circle based in New York and Fairtrade America based in Washington DC.
In mid-2023, Dr Onyango was shortlisted to replace Dr Patrick Njoroge, who’d also previously worked at the IMF, as Central Bank of Kenya Governor.