The National Infrastructure Fund (NIF) has officially initiated the recruitment process for its first Chief Executive Officer (CEO), marking a pivotal step toward operationalizing the state-backed investment vehicle designed to finance major infrastructure developments.
Operating under the National Infrastructure Fund Act, 2025, the fund aims to mobilize capital for strategic national projects including roads, railways, ports, energy infrastructure, and agribusiness utilizing government allocations, privatization proceeds, private investments, grants, and loans.
Reporting directly to the Board of Directors, the incoming CEO will provide strategic, commercial, and operational leadership to establish the institution, implement its investment strategy, mobilize domestic and international capital, and develop bankable investment opportunities.
To qualify, candidates must possess at least a bachelor’s degree in finance, economics, business administration, engineering, law, or a related field with advanced degrees or professional designations such as CFA, CPA, or CA highly preferred alongside a minimum of 10 years of experience in investment management, infrastructure finance, private equity, project finance, or investment banking, including five years in a senior executive role.
This executive search follows the recent appointment of a six-member board by Treasury Cabinet Secretary John Mbadi consisting of James Mworia Mwirigi, Fahima Ali Ahmed Zein, Christopher Kibui Maranga, Latoya Ouna, Lawrence Kibet, and Mohammed Abdirahman Hassan which operates alongside a governing council appointed by President William Ruto in April and chaired by CS Mbadi to oversee the fund’s strategic implementation.
