CS Mbadi Defends National Infrastructure Fund Appointments, Says Selection Was Merit-Based

Jukwaa

📻 Breaking It Down

Speaking during an empowerment programme in Kisumu on Friday, Mbadi dismissed claims that the appointments were influenced by tribal or regional considerations, saying an independent panel conducted interviews and ranked candidates before recommending those selected for appointment.

The Treasury CS described the National Infrastructure Fund as a transformative initiative that will play a critical role in financing Kenya’s long-term infrastructure and economic development projects.

“We interviewed 15 Kenyans and we ranked them. The appointments were based on merit and not on where someone comes from,” Mbadi said.

📌 What You Need to Know

According to the CS, the recruitment exercise was overseen by a seven-member panel comprising senior professionals from the banking, legal and public sectors.

He said the panel included former Africa Export-Import Bank President Prof. Benedict Oramah, Kenya Commercial Bank Group Chief Executive Officer Paul Russo, senior banking executive Richard James, Kenya Pipeline Company Board Chairperson Faith Boinett, Attorney General Dorcas Oduor, Central Bank of Kenya Governor Kamau Thugge and the chairperson of the selection council.

Mbadi explained that although candidates from across the country participated in the recruitment process, only the highest-ranked applicants were selected to fill the four available positions.

“There were only four positions and we cannot give them to all the 42 tribes,” he said.

The CS also defended the appointment of one of the successful candidates from Siaya County, saying she secured the position based on her professional qualifications and experience in investment banking and asset management.

“She is not there because she comes from Siaya. She is there because she has experience in asset management and investment banking,” Mbadi said.

📰 Source: Capital FM Kenya

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