The National Infrastructure Fund (NIF) has launched the search for its first Chief Executive Officer (CEO), inviting qualified and experienced investment professionals to apply for the position.
The Fund, established to mobilise long-term domestic and international capital for commercially viable infrastructure and strategic development projects, said the successful candidate will be responsible for building and leading one of Africa's premier infrastructure investment institutions.
Reporting to the Board of Directors, the CEO will provide strategic, commercial and operational leadership, oversee the implementation of the Fund's mandate and drive efforts to mobilise investment, develop bankable infrastructure projects and generate sustainable financial returns while supporting Kenya's long-term economic transformation.
The successful candidate will also be expected to position the Fund as a trusted investment partner for government, institutional investors and development finance institutions, establish robust governance and operational systems, and build a high-performing organisation capable of delivering long-term value.
Applicants must hold a bachelor's degree in Finance, Economics, Business Administration, Engineering, Law or another relevant discipline from a recognised university. A master's degree and professional qualifications such as CFA, CPA or CA will be an added advantage.
Candidates are required to have at least 10 years of experience in investment management, private equity, infrastructure, project finance, investment banking, development finance or a related field, including five years in a senior executive leadership role such as Chief Executive Officer, Managing Director or Chief Investment Officer.
The Fund is also seeking applicants with a proven track record in capital mobilisation, infrastructure investment, project development, portfolio management, enterprise development and corporate governance, as well as experience working with boards of directors.
The successful candidate will be appointed on a fixed-term renewable contract in accordance with the National Infrastructure Fund Act, subject to satisfactory performance.
Interested applicants have until 5.00 pm on Friday, July 31, 2026, to submit their applications to the National Treasury in both hard copy and electronic formats.
Shortlisted candidates will be required to present tax compliance, ethics, criminal record, HELB and Credit Reference Bureau clearance certificates, among other mandatory documents.
On Sunday, President William Ruto said the newly established National Infrastructure Fund will provide sustainable financing for major development projects across the country, including dams, roads and airports.
Speaking during a Sunday service and fundraiser at ACK St Martin's Cathedral in Kitui Town, the President said the fund has already mobilised Sh350 billion, which will accelerate the implementation of long-delayed infrastructure projects.
"We now have a formula, under the National Infrastructure Fund, to deliver these projects," Ruto said, noting that the country can no longer afford to postpone critical investments.
According to the president, the fund has raised Sh244 billion from the sale of the government's Safaricom shares and Sh106 billion from the partial divestiture of the state's shareholding in the Kenya Pipeline Company.
Ruto said the financing mechanism will help address long-standing infrastructure challenges, particularly in water-scarce regions.
