Mbadi Appoints Six Members to National Infrastructure Fund Board
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The National Treasury Cabinet Secretary (CS) John Mbadi has appointed six members to the National Infrastructure Fund Board for a period of three years, effective July 8, 2026.
According to a Gazette Notice dated July 8, CS John Mbadi appointed James Mworia Mwirigi, Fahima Ali Ahmed Zein, Christopher Kibui Maranga, Latoya Ouna, Lawrence Kibet, and Mohammed Abdirahman Hassan as members of the National Infrastructure Fund Board.
“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 to the board,” read part of the gazette.
Mbadi Appoints Members to National Infrastructure Fund Board
The appointments were made pursuant to Section 13(1) of the National Infrastructure Fund Act, which empowers the Cabinet Secretary for the National Treasury to appoint members to the board.
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How the National Infrastructure Fund Will Work
The Statutory members of the council include Central Bank Governor Kamau Thugge and Attorney-General Dorcas Agik Oduor.
Independent members appointed by the president include Benedict Oramah, former president of the African Export-Import Bank; Kenya Pipeline Company chairperson Faith Boinett; Paul Russo, CEO of KCB Group; and financial services executive Richard Etemesi.
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The National Infrastructure Fund is expected to play a central role in supporting the government’s long-term infrastructure development agenda through sustainable financing mechanisms.
It was approved by the National Assembly on March 6, 2026, after extensive debate and amendments aimed at strengthening oversight and governance.
The Fund is further expected to mobilise nearly Ksh 5 trillion over the next decade to finance key projects such as highways, railways, ports, agribusiness infrastructure, and energy systems.
The Funding will come from government allocations, private investment, privatisation proceeds, grants, and loans.
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A photo showing the gazette notice on the National Infrastructure Fund Board. Photo/ File
