The National Infrastructure Fund (NIF), through the National Treasury, has announced senior executive recruitment opportunities for professionals interested in contributing to the development and management of Kenya’s national infrastructure investment institution. The recruitment exercise covers four strategic leadership positions spanning legal affairs, governance and risk management, engineering, investments, finance and institutional operations.
The National Infrastructure Fund is Kenya’s flagship infrastructure investment institution established to mobilise long-term domestic and international capital into commercially viable infrastructure and strategic development projects. Its broader mandate is intended to accelerate national development, deepen Kenya’s capital markets and catalyse private-sector investment.
The current recruitment exercise is particularly focused on establishing the senior leadership capacity required to manage the Fund’s investment activities, infrastructure projects, institutional governance, financial resources, operational systems and associated risks. Successful appointees will therefore occupy positions that are central to the development and operation of the institution.
The four vacancies advertised are Chief Legal & Risk Officer / Corporation Secretary, Chief Engineer, Chief Investment Officer, and Chief Financial & Operating Officer. Each position represents a distinct executive function within the National Infrastructure Fund.
Applications for all four vacancies are scheduled to close on Wednesday, September 9, 2026, at 5:00 p.m.
Below is a detailed overview of the available National Infrastructure Fund jobs and the responsibilities associated with each position.
1. Chief Legal & Risk Officer / Corporation Secretary
Position: Chief Legal & Risk Officer / Corporation Secretary
Organisation: National Infrastructure Fund
Recruiting Institution: The National Treasury
Application Deadline: Wednesday, September 9, 2026 at 5:00 p.m.
Job Purpose
The Chief Legal & Risk Officer / Corporation Secretary will lead the legal, transactional, risk and governance function of Kenya’s National Infrastructure Investment Institution.
The position is designed to provide executive leadership across areas that are fundamental to the Fund’s governance and investment activities. This includes providing legal oversight, supporting transactions, managing institutional and investment-related risks, and ensuring that appropriate corporate governance arrangements are maintained.
Given the nature of the National Infrastructure Fund as an institution responsible for mobilising and deploying capital into infrastructure and strategic development projects, legal and governance considerations form an important component of its activities.
The Chief Legal & Risk Officer / Corporation Secretary will therefore occupy a senior leadership position at the intersection of investment transactions, institutional governance, regulatory requirements and risk management.
Legal Leadership and Advisory
The office will provide leadership for the Fund’s legal function and support the institution in addressing legal matters arising from its mandate and activities.
The position will be expected to provide legal guidance in relation to the Fund’s operations, investment structures, transactions, agreements and institutional arrangements.
The officer will contribute to ensuring that activities undertaken by the institution are appropriately structured and implemented within the applicable legal and regulatory frameworks.
Legal considerations associated with investments and infrastructure transactions may involve multiple parties, contractual relationships, financing arrangements and governance structures. The role therefore provides an important legal oversight function within the institution.
Transactional Legal Support
A major component of the position concerns the Fund’s transactional activities.
Infrastructure investment transactions can involve project companies, investors, lenders, public institutions, private-sector partners and other stakeholders. The legal function will consequently play an important role in supporting the structuring and execution of transactions undertaken by NIF.
The Chief Legal & Risk Officer / Corporation Secretary will provide leadership on legal matters associated with these transactions and help ensure that the institution’s interests are appropriately protected.
The function is also expected to work closely with other senior executives involved in investments, engineering, finance and operations.
Risk Management
The position incorporates responsibility for the Fund’s risk function.
This requires oversight of risk considerations associated with the institution’s activities and ensuring that appropriate frameworks exist for identifying, assessing, monitoring and managing risks.
Risk management is particularly relevant for an infrastructure investment institution because individual projects and transactions may involve financial, operational, legal, contractual, regulatory and institutional exposures.
The Chief Legal & Risk Officer will therefore contribute to the establishment and maintenance of appropriate risk-management arrangements across the organisation.
Corporate Governance and Corporation Secretary Function
The role also incorporates the responsibilities of Corporation Secretary.
In this capacity, the office will support the governance structures of the National Infrastructure Fund and facilitate appropriate corporate governance processes.
The position will have an important role in supporting the Board and ensuring that governance requirements are incorporated into the Fund’s institutional processes.
The Corporation Secretary function provides a link between executive management and the Fund’s governing organs while supporting proper documentation, decision-making and implementation of governance requirements.
Cross-Functional Executive Coordination
The Chief Legal & Risk Officer / Corporation Secretary will operate as part of the senior management structure and is expected to work across multiple functions.
Close coordination may be required with the Chief Investment Officer on transaction-related legal and risk matters, with the Chief Engineer on infrastructure project considerations, and with the Chief Financial & Operating Officer on financial, operational, compliance and governance matters.
The position consequently combines legal expertise, transactional oversight, risk management and institutional governance within one executive leadership function.
2. Chief Engineer
Position: Chief Engineer
Organisation: National Infrastructure Fund
Recruiting Institution: The National Treasury
Application Deadline: Wednesday, September 9, 2026 at 5:00 p.m.
Job Purpose
The National Infrastructure Fund is recruiting a Chief Engineer to provide senior engineering leadership in support of its infrastructure investment mandate.
The Chief Engineer will occupy a central technical position within an institution whose investment activities are focused on infrastructure and strategic development projects.
The role provides the engineering perspective required when infrastructure projects are being assessed, developed, structured, implemented or monitored.
As an investment institution, NIF must consider not only the financial attractiveness of infrastructure opportunities but also their technical feasibility, development requirements, implementation risks and long-term operational considerations. The Chief Engineer function is therefore important in connecting technical infrastructure analysis with the Fund’s broader investment decision-making processes.
Engineering Leadership
The Chief Engineer will provide senior-level engineering input to the National Infrastructure Fund.
This function involves bringing technical considerations into the assessment and management of infrastructure projects considered or supported by the Fund.
Engineering leadership is particularly important because infrastructure investments may involve complex assets and projects requiring detailed consideration of design, construction, implementation, technical performance and operational requirements.
The Chief Engineer will therefore contribute technical perspectives required for informed institutional and investment decisions.
Technical Assessment of Infrastructure Projects
The position will support the assessment of infrastructure opportunities from an engineering and technical perspective.
Projects considered for investment need to be evaluated not only in terms of expected financial returns but also in terms of their practical feasibility and implementation requirements.
The engineering function can therefore contribute to the identification of technical risks, project requirements and potential implementation challenges.
Such assessments provide an important foundation for investment analysis because technical weaknesses or implementation problems can materially affect project costs, schedules, revenues and overall investment performance.
Project Development Support
The Chief Engineer will provide technical leadership relevant to infrastructure project development.
Infrastructure projects frequently move through several stages, including concept development, technical assessment, project preparation, financing, construction and operation.
The engineering function is expected to support the institution in understanding technical requirements as projects progress through these stages.
This work will complement the activities of the investment, finance, legal and risk functions.
Technical Risk Considerations
Infrastructure investment requires careful consideration of technical and project-delivery risks.
The Chief Engineer’s role is expected to provide senior technical insight that assists the Fund in understanding such risks before and during investment.
Technical considerations may influence project costs, construction timelines, operational performance and the overall viability of infrastructure investments.
The engineering function consequently forms an important part of the Fund’s wider approach to project assessment and risk management.
Coordination with Investment and Corporate Functions
The Chief Engineer will work within a multidisciplinary institutional environment.
Infrastructure investment requires collaboration between engineering, investment, finance, legal, risk and governance specialists.
The Chief Engineer’s technical assessments and recommendations can support investment analysis undertaken by the Chief Investment Officer and investment team, while financial implications can be considered alongside the Chief Financial & Operating Officer.
Legal and risk considerations may similarly require coordination with the Chief Legal & Risk Officer / Corporation Secretary.
This integrated approach is intended to ensure that infrastructure projects are assessed from technical, financial, commercial, legal and institutional perspectives.
3. Chief Investment Officer
Position: Chief Investment Officer
Organisation: National Infrastructure Fund
Recruiting Institution: The National Treasury
Application Deadline: Wednesday, September 9, 2026 at 5:00 p.m.
Job Purpose
The Chief Investment Officer will lead the investment function of Kenya’s National Infrastructure Investment Institution.
The position is one of the central executive roles within the National Infrastructure Fund because the institution’s mandate involves mobilising capital and deploying it into commercially viable infrastructure and strategic development projects.
The Chief Investment Officer will provide leadership around the Fund’s investment activities and contribute to the development of the systems and processes through which potential investment opportunities are identified, evaluated, structured and managed.
The role will operate in an environment involving infrastructure assets, investment vehicles, project companies, institutional investors, lenders, public-sector entities and private-sector partners.
Leadership of the Investment Function
The Chief Investment Officer will provide executive leadership for the National Infrastructure Fund’s investment activities.
The investment function is expected to play a major role in translating the institution’s mandate into actual investment opportunities and transactions.
This involves ensuring that investment activities are approached systematically and are aligned with the Fund’s objectives.
The CIO will also work with other senior executives to ensure that investment decisions take into account financial, technical, legal, governance and risk considerations.
Investment Opportunity Assessment
The investment function will have responsibility for evaluating potential infrastructure and strategic development opportunities.
This requires consideration of the commercial and investment characteristics of projects before capital is committed.
Investment analysis is particularly important because infrastructure projects often involve substantial capital commitments and long investment horizons.
The Chief Investment Officer will therefore provide leadership in assessing opportunities and ensuring that proposed investments receive appropriate analysis before progressing through the Fund’s decision-making structures.
Transaction Development and Structuring
Infrastructure investments can involve complex financial and commercial arrangements.
The investment function will play a central role in developing and structuring transactions that support the Fund’s objectives.
This requires close coordination with legal, engineering, financial and risk functions so that transactions can be considered from multiple perspectives.
The Chief Investment Officer will consequently work closely with the Chief Legal & Risk Officer / Corporation Secretary, Chief Engineer and Chief Financial & Operating Officer during the development and implementation of investments.
Investment Portfolio Oversight
The CIO’s responsibilities extend beyond identifying new opportunities. An institutional investment organisation also requires ongoing oversight of investments after capital has been deployed.
Investment performance, commitments, project developments and other relevant factors must be monitored as part of responsible portfolio management.
The investment function will therefore contribute to the ongoing management of NIF’s investment activities and provide information required for institutional decision-making and reporting.
Investor and Capital Mobilisation Context
NIF was established to mobilise long-term domestic and international capital into commercially viable infrastructure and strategic development projects.
The Chief Investment Officer’s function therefore operates within a wider capital-mobilisation environment.
Potential capital providers may include institutional investors and other domestic or international sources of long-term finance.
The investment function must consequently support the development of an institutional investment platform capable of operating within this environment while pursuing infrastructure opportunities consistent with NIF’s mandate.
Collaboration with Finance
The investment and finance functions will have a particularly close working relationship.
The Fund’s financial architecture must accurately reflect investment structures, capital commitments and investment performance.
The Chief Investment Officer will therefore work alongside the Chief Financial & Operating Officer to ensure that financial reporting and institutional systems appropriately support NIF’s investment activities.
This coordination also extends to financing arrangements, project structures, investment vehicles and special purpose vehicles associated with individual transactions.
4. Chief Financial & Operating Officer
Position: Chief Financial & Operating Officer (CFO/COO)
Organisation: National Infrastructure Fund
Recruiting Institution: The National Treasury
Application Deadline: Wednesday, September 9, 2026 at 5:00 p.m.
Job Purpose
The Chief Financial & Operating Officer will be responsible for building the financial, operational and institutional backbone of Kenya’s National Infrastructure Investment Institution.
Reporting to the Chief Executive Officer, the CFO/COO will provide financial and operational leadership to NIF. The position will safeguard the Fund’s financial resources, maintain the integrity of its financial information and help ensure that NIF, its investment vehicles and relevant special purpose vehicles operate within approved financial, statutory and governance frameworks.
The position will also oversee corporate support functions, including human resources, information technology, procurement and administration.
Financial Strategy and Stewardship
The CFO/COO will provide strategic financial advice to the Chief Executive Officer, Board and relevant Board Committees.
The office will develop and implement NIF’s financial strategy, financial policies, accounting framework and financial management systems.
The position will also establish appropriate financial controls, delegated authorities, segregation of duties and accountability mechanisms.
Financial planning will need to remain aligned with the Fund’s investment pipeline, capital commitments, liquidity requirements and long-term financial sustainability.
Treasury, Liquidity and Cash Management
The CFO/COO will oversee NIF’s treasury operations, including cash-flow forecasting, liquidity planning, banking, custody, cash management and treasury reporting.
The position will develop short-, medium- and long-term cash-flow forecasts covering project commitments, capital calls, operating requirements, financing obligations and distributions.
It will also manage banking, custody and settlement relationships and oversee bank accounts, project accounts, escrow accounts, reserve accounts and other controlled accounts associated with NIF and its investment vehicles.
Treasury activities connected with capital calls, investment disbursements, debt service and distributions will also fall within this function.
Fund, Investment and SPV Accounting
The position will establish and maintain appropriate accounting frameworks for NIF, its funds, investment vehicles and special purpose vehicles.
This includes accounting for equity investments, shareholder loans, project-finance structures, co-investments, investment income, distributions and other investment instruments.
The CFO/COO will oversee relevant books of account and ensure appropriate reconciliation between accounting records, investment records, bank and custody records and underlying SPV accounts.
The position will work closely with the Chief Investment Officer and investment team to ensure financial reporting accurately represents transaction structures, investment performance and capital commitments.
Project Accounts and Financial Controls
The CFO/COO will establish financial-control arrangements for project SPVs and associated project accounts.
The office will oversee controls surrounding project receipts, disbursements, drawdowns, capital expenditure, operating expenditure and distributions.
Project cash flows will be monitored against approved financial models and budgets, with material variances identified for appropriate action.
The role will also support project companies in establishing suitable accounting, reporting and financial-control systems.
Debt, Covenant and Lender Management
The position will maintain oversight of financing facilities, financial obligations, guarantees, covenants, security arrangements, reporting obligations and compliance dates.
Compliance with financial and non-financial covenants will be monitored, and forward-looking monitoring systems will be established to identify potential issues.
The CFO/COO will also coordinate financial reporting and other information required by lenders and financing counterparties.
Investor and Fund Reporting
The CFO/COO will establish financial and performance reporting arrangements for investors in NIF-sponsored funds, co-investment vehicles and other investment structures.
Responsibilities will include coordinating investor capital calls, distributions and financial notices while maintaining appropriate records of commitments and contributed capital.
The position will work with the investment function to ensure that financial and investment performance information supplied to investors remains complete and consistent.
Financial Reporting, Budgeting and Audit
The CFO/COO will lead the preparation of monthly, quarterly, half-year and annual financial statements and management accounts.
The office will establish financial close processes and provide transparent reporting on financial performance, portfolio activities, liquidity, capital commitments and financial position.
The position will also lead preparation of annual budgets, medium-term financial plans and longer-term forecasts.
External audit processes will be coordinated through this office, including engagement with the Office of the Auditor-General and other statutory or external auditors.
Information Technology and Data
The CFO/COO will provide executive oversight of NIF’s information technology strategy, systems and infrastructure.
This includes ensuring that the institution establishes secure and scalable financial, investment, treasury, portfolio-monitoring and enterprise systems.
The office will also oversee data governance, cybersecurity, access controls, backup arrangements and disaster recovery while promoting automation and digitalisation across financial and administrative processes.
Human Resources and Institutional Operations
The position will provide executive oversight of the Fund’s human-resource function.
This includes developing organisation structures, staffing plans and workforce budgets in collaboration with the CEO and senior management.
The office will oversee recruitment, performance management, remuneration, talent development, succession planning, employee records, payroll controls and relevant HR policies.
The CFO/COO will additionally oversee procurement and administrative functions, including vendor management, contract administration, facilities, insurance, records management and other corporate services.
Governance and Executive Leadership
The CFO/COO will support the CEO, Board and relevant Board Committees through timely financial and operational reporting.
The position will serve as a principal management interface with the Audit and Risk Committee on matters relating to financial reporting, controls and audit.
The office will also lead and develop the finance and operations team while establishing accountability and performance measures across finance, treasury, HR, IT, procurement and administration.
The CFO/COO will work closely with the Chief Investment Officer, Chief Engineer and Chief Legal & Risk Officer / Corporation Secretary as part of NIF’s senior management structure.
Application Procedure
Candidates interested in the National Infrastructure Fund senior executive vacancies should prepare their applications in accordance with the instructions issued by the National Treasury.
Applications should be submitted in plain sealed envelopes with the relevant position clearly stated on top and mailed to:
The Secretariat
The National Treasury
Treasury Building, Harambee Avenue
P.O. Box 30007-00100
Nairobi
Applications may alternatively be hand-delivered to the National Treasury on the 2nd Floor, Treasury Building, Harambee Avenue, Nairobi.
A soft copy of the application should also be sent by email to:
The application deadline for the Chief Legal & Risk Officer / Corporation Secretary, Chief Engineer, Chief Investment Officer and Chief Financial & Operating Officer positions is 5:00 p.m. on Wednesday, September 9, 2026.
Applicants should ensure that the position being applied for is clearly identified and that all application requirements stipulated in the respective vacancy notice are followed.
Shortlisted candidates will be required to provide the documents specified by the National Infrastructure Fund during the recruitment process. Candidates should therefore consult the relevant official vacancy notice for the specific position before submitting an application.
Canvassing in any form or failure to provide stipulated documentation may result in disqualification.
The National Infrastructure Fund is an equal opportunity employer committed to merit, integrity and excellence
