Public Investment and Portfolio Management

The Directorate is headed by a Director General, reporting to the Principal Secretary. It is organized into the following four (4) Technical Departments each headed by a Director:

1. Government Investment and Public Enterprises
2. National Assets and Liabilities Management
3. Pensions Department
4. Public Investment Management (PIM) Unit

The Directorate undertakes the following functions:

• Be a custodian of an inventory of national government assets and liabilities except as may be provided by the Constitution or any other legislation;
• Monitor the management of the finances of public enterprises and investments by the national government and its entities;
• Monitor financial performance of state corporations;
• Divestiture of public enterprises and coordination of public private partnerships;
• Manage the Public investment policy;
• Assist county governments to develop their capacity for efficient, effective and transparent financial management;
• Develop policies and regulations on asset management;
• Formulate public pension policy and administration;
• Formulate policies and regulations for retirement benefits;
• Coordinate and manage Group Personal Accident;
• Process and pay pensions and other benefits; and
• Undertake research on portfolio management to inform Policy development.