NAIROBI, Kenya, July 14 – The National Infrastructure Fund (NIF) has begun the search for its first Chief Executive Officer (CEO) as the government moves to operationalise the state-backed investment vehicle established to finance major infrastructure projects.
In an advertisement published in local newspapers, the fund said the CEO will report to the Board of Directors and will be responsible for providing strategic, commercial and operational leadership, including setting up the institution and implementing its investment strategy.
The successful candidate will also be expected to mobilise domestic and international capital, develop bankable investment opportunities and oversee the fund’s operations.
Applicants must hold at least a bachelor’s degree in finance, economics, business administration, engineering, law or a related field. A master’s degree or professional qualifications such as CFA, CPA or CA will be an added advantage.
The position also requires at least 10 years’ experience in investment management, infrastructure finance, private equity, project finance, investment banking or development finance, including five years in a senior executive role such as Chief Executive Officer, Managing Director or Chief Investment Officer.
The recruitment comes days after Treasury Cabinet Secretary John Mbadi appointed six members to the fund’s board as part of efforts to make the institution operational.
The board comprises Centum Investment Company Chief Executive James Mworia Mwirigi, Fahima Ali Ahmed Zein, Christopher Kibui Maranga, Latoya Ouna, Lawrence Kibet and Mohammed Abdirahman Hassan.
The National Infrastructure Fund was established under the National Infrastructure Fund Act, 2025, to mobilise financing for strategic projects, including roads, railways, ports, energy infrastructure and agribusiness.
The fund is expected to draw capital from government allocations, proceeds from privatisation, private investors, grants and loans.
In April, President William Ruto appointed a governing council for the fund, chaired by Treasury Cabinet Secretary John Mbadi, to oversee its implementation.
