DIRECTORATE OF 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:
- Government Investment and Public Enterprises
- National Assets and Liabilities Management
- Pensions Department
- 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.