CS Mbadi Appoints 6 Members to National Infrastructure Fund Board

The appointees are largely from the corporate sector, with CS Mbadi announcing that they would immediately embark on their roles to manage the Fund...

✨ Key Highlights

Treasury Cabinet Secretary John Mbadi has appointed six members, including Lawrence Kibet and James Mworia, to the National Infrastructure Fund Board, signaling a significant step towards operationalizing the new fund.

Key appointees include James Mworia, CEO of Centum Investment Company, and Lawrence Kibet, Director General at the National Treasury.
The National Infrastructure Fund (NIF) was established to provide sustainable financing for large infrastructure projects, reducing reliance on borrowing.
The fund's asset base has been strengthened by the transfer of government shareholding in the Kenya Pipeline Company, with plans to potentially add stakes in other profitable state-owned enterprises.

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