The National Treasury has declared vacancies on the Board of the National Infrastructure Fund (NIF). In a statement on April 9, the Treasury said the NIF Governance Council is in the process of recruiting members to the vacant position in accordance with section 13 of the National Infrastructure Act, 2026.
All qualified persons have been invited by the Cabinet Secretary for the National Treasury to apply for the vacant positions.
“The NIF Governance Council is in the process of recruiting members of the Board for the National Infrastructure Fund (NIF) as per section 13 of the National Infrastructure Act, 2026. Pursuant to this, the Cabinet Secretary for The National Treasury hereby invites applications from suitably qualified persons for the vacant positions,” part of the statement read.
NIF is managed by a Board of Directors consisting of four independent directors, with a chairman appointed from among the independent members.
The National Infrastructure Act, 2026 states that the independent directors shall be recruited competitively by the Governing Council and appointed by the Cabinet Secretary by notice in the Gazette.
Qualifications for Appointment as an Independent Director
All eligible applicants for the position on the Board of NIF must have a high degree of integrity as dictated by the Treasury.
Additionally, the applicants must hold at least a university degree in finance, accounting, engineering, economics, law, or a related field from a university recognized in Kenya.
All applicants will also be required to have at least ten (10) years of professional experience in a relevant field.
During the application, applicants should also have served in a senior management or leadership position for at least five (5) years.
The Treasury also requires applicants to have met all the requirements set out in Chapter Six of the Constitution.
However, an applicant who does not fall within the conditions stated in section 15(1) of the National Infrastructure Fund Act, 2026, will be disqualified.
Applicants who will still be serving as public officers at the time of application will also be disqualified for the position.
A successful independent director will be required to serve for a term of three (3) years, renewable once, subject to satisfactory performance as required under Section 17 of the National Infrastructure Fund Act, 2026.
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Required Documents
- Detailed curriculum vitae, with at least three (3) referees and their contacts, including telephone numbers.
- A copy of the National Identity Card (ID).
- Clearance from the Kenya Revenue Authority (Tax Compliance Certificate).
- Clearance from the Ethics and Anti-Corruption Authority (EACC).
- Clearance from the Directorate of Criminal Investigations (Current Certificate of Good Conduct).
- Clearance from the Higher Education Loans Board (HELB).
- Clearance from a registered Credit Reference Bureau (CRB).
Submissions for the applications are to be delivered in plain, sealed envelopes, with the referenced position stated on top, and mailed to the Secretariat of the National Treasury.
Alternatively, the applications can be delivered to the office of the Cabinet Secretary/National Treasury on the 14th Floor of the Treasury Building, Harambee Avenue.
A soft copy of the application should be emailed to [email protected].
All applications, according to the Treasury, should be made no later than 5.00 p.m on Monday, April 25, 2026.
Any failure to attach any of the required documents during the application will result in automatic disqualification of the applicant.
Treasury Appointment to the Governing Council of NIF
On April 1, 2026, President William Ruto appointed members to the NIF Governing Council.
According to the press release from the Executive Office of the President, the NIF’s establishment was intended to promote inclusive development and shift from a predominantly debt-driven model to a sustainable approach.
During the appointment, John Mbadi, the CS for the National Treasury, was appointed as the chairperson of the council.
Statutory Members appointed included Attorney General Dorcas Agik Oduor and the Governor of the Central Bank of Kenya, Kamau Thugge.
In addition, the independent members were also appointed, including Professor Benedict Oramah, the chairperson of the Board of Directors for FEDA and AMCE.
Faith Boinett, an advocate of the High Court and chairperson of Kenya Pipeline, Paul Russoo, CEO of KCB Group and Chairperson of the Kenya Bankers Association Governing Council, and Richard Etemesi, the chairperson of Liberty Holding Limited, were appointed as independent members of the council.
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Roles of the National Infrastructure Fund
- Scale up and accelerate the development of national infrastructure.
- Mobilize private capital and non-traditional sources of infrastructure finance, including domestic pension funds and collective investment schemes, sovereign wealth funds, and climate finance.
- Reduce the financing cost and public cost of the financing of commercially viable infrastructure investments.
- Strengthen the national capacity for origination, structuring and execution of large and execution of large and complex projects.
