The National Infrastructure Fund (NIF) board has appointed James Mworia as the founding Chief Executive Officer (CEO). 

In a notice on Monday, September 7, the NIF board said Mworia was appointed following a competitive recruitment process. 

“The Board of the National Infrastructure Fund is pleased to announce the appointment of Dr James Mworia, MBS, as founding Chief Executive Officer, following a competitive recruitment process with effect from 7 September 2026,” read the notice in part. 

The board expressed confidence that Mworia will lead the NIF in mobilizing capital and delivering key infrastructure projects. 

“The Board is confident that Dr Mworia's record of building institutions and enterprises, mobilising capital and bringing investments to market will enable NIF to deliver critical infrastructure, deepen Kenya's capital markets, raise productivity and strengthen Kenya's competitiveness,” the board said. 

In the new role, Mworia will be tasked with leading the dual mission of establishing NIF as a credible national investment institution and building the infrastructure enterprises required to deliver its mandate.

“Dr Mworia's initial priorities will include establishing NIF's organisation, people, systems and institutional culture; operationalising its governance, investment and risk-management frameworks; developing a credible and investable project pipeline; mobilising co-investment capital; and progressing priority projects through rigorous appraisal, structuring and execution,” the board stated. 

The NIF CEO brings more than 25 years of professional experience in investment management, enterprise development and capital allocation. 

Mworia currently serves as the Group CEO and Managing Director of Centum Investment Company. 

Previously he served on the boards of the Nairobi Securities Exchange and the Central Depository and Settlement Corporation.

“His experience engaging domestic and international capital providers will support NIF's work to attract long-term investment into Kenya and bring mature infrastructure enterprises to market,” the NIF board stated. 

Mworia holds a Bachelor of Laws degree from the University of Nairobi and is an Advocate of the High Court of Kenya. 

He is also a Certified Public Accountant, a Chartered Global Management Accountant and a CFA charterholder, a member of the Law Society of Kenya, the Institute of Certified Public Accountants of Kenya, the Chartered Institute of Management Accountants and the CFA Institute. 

On March 9, President Ruto signed the National Infrastructure Fund (NIF) Bill 2026 into law, paving the way for the establishment of the NIF. 

NIF aims to mobilize Ksh5 trillion to shift infrastructure financing from a debt-driven model to a sustainable, investment-led approach.

It will fund the construction of national highways, expressways, railways, seaports and airports as stipulated by the NIF Act. 

On April 1, President Ruto appointed Treasury CS Mbadi as the Chairperson of the National Infrastructure Fund Governing Council.