The National Infrastructure Fund (NIF) has appointed Dr James Mworia as its founding Chief Executive Officer.
In a notice issued on Monday, September 7, 2026, the NIF Board said Mworia’s appointment followed a competitive recruitment process and takes effect immediately.
The board said it was confident that Mworia’s extensive experience in institution building, capital mobilisation and investment management would position the fund to deliver on its mandate.
“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,” the board said.
Established in March 2026, NIF is a corporate institution created to mobilise financing for major public infrastructure projects by combining government seed capital with investments from the private sector.
The fund is expected to play a significant role in expanding infrastructure financing while supporting the development of Kenya’s capital markets and improving the country’s economic competitiveness.
The board said Mworia’s track record would be instrumental in advancing the institution’s objectives.
“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,” it said.
Extensive experience
Mworia joins NIF with more than 25 years of experience spanning investment management, enterprise development and capital allocation.
He spent 17 years as Group Chief Executive Officer and Managing Director of Centum Investment Company Plc, where he operated at principal-investment level from 2005.
During his tenure at Centum, the company significantly expanded its asset base, with total assets rising from Sh4 billion in December 2008 to approximately Sh46 billion.
Centum also retired Sh20 billion in total Group debt, including Sh16 billion at the holding-company level, effectively eliminating holding-company leverage.
Mworia further oversaw the development of strategic investment platforms and the restructuring and deleveraging of major investments, including Vipingo Special Economic Zone (SEZ), Pearl Marina and TRIFIC SEZ.
According to Centum, the transactions were completed without requiring additional equity and generated significant value for the investment company.
He 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.
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