Treasury Cabinet Secretary John Mbadi has appointed six members to the National Infrastructure Fund (NIF) Board, marking another step in operationalising the fund established to finance major infrastructure projects across the country.
The appointments were announced in a Special Gazette Notice dated July 8, with the six members set to serve a three-year term effective immediately.
Those appointed to the board are James Mworia Mwirigi, Fahima Ali Ahmed Zein, Christopher Kibiu Maranga, Latoya Ouna, Lawrence Kibet and Mohammed Abdirahman Hassan.
“In exercise of the powers conferred by Section 13(1) of the National Infrastructure Fund Act, 2026, the Cabinet Secretary for the National Treasury appoints… James Mworia Mwirigi, Fahima Ali Ahmed Zein, Christopher Kibiu Maranga, Latoya Ouna, Lawrence Kibet and Mohammed Abdirahman Hassan to be members of the National Infrastructure Fund Board for a period of three years with effect from July 8, 2026,” the Gazette Notice states.
Board to oversee implementation of NIF
The appointments come months after President William Ruto constituted the National Infrastructure Fund Governing Council following the enactment of the National Infrastructure Fund Act, 2026.
Earlier this year, Head of Public Service Felix Koskei announced that the President had appointed Treasury CS John Mbadi as chairperson of the Governing Council.
Other statutory members include Central Bank of Kenya Governor Kamau Thugge and Attorney General Dorcas Oduor.
The council also comprises independent members drawn from the banking, legal and financial sectors, including former Afreximbank President Prof. Benedict Oramah, governance expert Faith Boinett, Equity Group CEO Paul Russo and financial services executive Richard Etemesi.
Fund to finance major infrastructure
The National Infrastructure Fund was established after President William Ruto signed the National Infrastructure Fund Bill, 2026, into law in March.
The government says the fund will mobilise up to Sh5 trillion to finance strategic infrastructure projects through private investment, reducing Kenya’s reliance on public borrowing.
According to the Act, the fund will support the construction and expansion of highways, expressways, railways, airports, seaports and other nationally significant infrastructure projects.
The government has described the initiative as a shift from debt-financed infrastructure development to an investment-led financing model designed to attract both local and international capital.
With the appointment of the board members, the National Infrastructure Fund is expected to begin implementing its mandate of mobilising resources, overseeing investments and supporting infrastructure projects intended to accelerate Kenya’s economic growth.
