ADVOKS GLOBAL · KENYA
Sovereign Wealth Fund Act
29. Qualifications of members of the Board
Edition: 2026-07-24 · In force
29. Qualifications of members of the Board
(1)A person is qualified to be appointed as the Chairperson or a member of the Board under section 28(1)(a) and (f), if that person—(a)is a citizen of Kenya;(b)has served in a senior management or leadership position for a period of at least five years;(c)holds a degree in economics, finance, accounting, law, banking or other relevant field from a university recognised in Kenya;(d)meets the requirements of Chapter Six of the Constitution; and(e)has not been convicted by a court of competent jurisdiction of any criminal offence with a fine exceeding five hundred thousand shillings or a jail term exceeding six months.(2)A person is not qualified to be appointed as the Chairperson or a member of the Board under section 28(1)(a) and (f) if that person—(a)is a member of the governing body of a political party; or(b)is an undischarged bankrupt.