Preheat oven to 350F and line a 8X4 inch loaf pan with parchment, leaving enough baking parchment so that it is easy to pull the cake out.
In a large bowl, whisk together the egg and sugar. Add the oil and whisk well. Add in kefir and vanilla extract.
Sift flour, baking powder and baking soda together ino the bowl and stir with a spatula just until combined. Stir in the peaches and walnuts and pour into the baking pan.
Arrange the peach slices on the bread and sprinkle cinnamon and Brown sugar over it.
Bake for an hour or until an inserted skewer somes out clean. Remove from oven and let it cool for 10-15 minutes before removing it from the pan.
Dust with powdered sugar when it cools completely or when serving.
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