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The National Treasury has started recruiting a Chief Executive Officer for the National Infrastructure Fund valued at Ksh5 trillion. The recruitment follows the recent appointment of the fund’s Board of Directors by Treasury Cabinet Secretary John Mbadi.
The successful candidate will report directly to the board and oversee the fund’s overall operations. Treasury said the CEO will play a key role in building the institution as it begins its investment activities.
According to the recruitment notice, the new chief executive will guide the fund’s strategic and commercial direction. The position also involves attracting investment and overseeing infrastructure financing across the country.
The successful applicant will work with institutional investors, pension funds, sovereign wealth funds, and development finance institutions. The CEO will also develop financing models and build long-term partnerships with investors.
Treasury Lists Academic Requirements
Applicants must possess a bachelor’s degree in Finance, Economics, Business Administration, Engineering, Law, or another related discipline. Treasury also requires candidates to hold a master’s degree or a recognised professional qualification.
Acceptable professional certifications include Chartered Financial Analyst, Certified Public Accountant, or Chartered Accountant qualifications. Candidates with these credentials will meet part of the eligibility requirements.
Treasury requires candidates to have at least ten years of experience in investment management or infrastructure finance. Applicants must also demonstrate at least five years serving in a senior executive leadership position.
The recruitment notice states that experience in raising capital and managing large infrastructure investments will be essential. Previous board-level experience will provide an added advantage during the selection process.
Successful Candidate Will Serve on Renewable Contract
The CEO will serve under a fixed-term renewable contract as provided by the National Infrastructure Fund Act. Treasury said contract renewal will depend on the executive’s performance throughout the appointment period.
Shortlisted applicants must present clearance certificates from KRA, EACC, DCI, HELB, and a Credit Reference Bureau. They must also submit a detailed curriculum vitae, copies of identification documents, and referee contacts.
Interested candidates should submit their applications through the addresses provided in the recruitment notice. Treasury said applications delivered after the deadline will not be considered during the selection process.
The application window will close at 5:00 p.m. on Friday, July 31. Successful applicants will proceed to the next stage of the recruitment process after shortlisting.
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