Board Member KMFRI Board of Management Public Investments & Enterprise Governance Public Finance • State Corporations • Investment Policy • Corporate Governance Email: mukaingungu1@gmail.com Board Appointment Appointed to the KMFRI Board by the Principal Secretary of The national Treasury, Dr. Chris K. Kiptoo, CBS on 10th June 2026 Current Position Senior Investment & Public Enterprise Officer The National Treasury Professional Membership Economists Society of Kenya | Leadership Focus: Promoting sound public investment management, strengthening corporate governance in State Corporations, advancing institutional reforms, and enhancing accountability and value for money in the management of public resources. Florence Mukai Ngungu is an accomplished public investments specialist with over a decade of professional experience in Government investments, public finance, and State-Owned Enterprise reforms. She currently serves as a Senior Investment & Public Enterprise Officer at the National Treasury, where she provides strategic policy advice on Government investments, oversees State Corporations, and supports evidence-based decision-making to strengthen public sector governance. Throughout her career, she has played a key role in developing policy and regulatory frameworks, coordinating institutional reforms, reviewing Government investment proposals, and supporting fiscal oversight initiatives. Her work has contributed significantly to improving accountability, transparency, and efficiency in the management of public resources across Government institutions. Florence brings to the KMFRI Board extensive expertise in investment governance, public enterprise management, policy analysis, and strategic planning. Her experience in financial oversight and institutional governance supports the Institute's mandate of delivering impactful marine and fisheries research while ensuring prudent stewardship of public resources. Leadership & Governance Expertise Government Investments State Corporation Reforms Corporate Governance Fiscal Risk Management Investment Appraisal Public Policy Professional Highlights Provides fiscal oversight and strategic policy advice on Government Investments and State Corporations at the National Treasury. Coordinates Government ownership functions, reviews annual budgets for State Corporations, and supports institutional restructuring and reform programmes. Experienced in evaluating Government guarantees, financing proposals, policy development, stakeholder engagement, and capacity building across Ministries, Departments and Agencies. Previously contributed to the development of the Government Ownership Policy and preparation of Cabinet Memoranda, Government investment reports, and fiscal policy briefs supporting strategic national decision-making. Education & Professional Development - Master of Arts in Economic Policy Management (Ongoing) – University of Nairobi
- Bachelor of Economics and Statistics – University of Nairobi
- Senior Management Course – Kenya School of Government
- Strategic Investment Management & Resource Mobilization – ACADRI
- Public Sector Investment Analysis – ESAMI
- Investment Appraisal & Risk Analysis – Queen's University, Canada
- IMF AFRITAC East Regional Workshop on Government Finance Statistics
Contribution to KMFRI Board Florence Mukai Ngungu brings valuable expertise in public investment management, financial oversight, policy analysis, corporate governance, and institutional reforms. Her experience strengthens the Board's oversight role by supporting strategic decision-making, prudent financial management, and effective governance that advances KMFRI's mandate in marine and fisheries research and the Blue Economy. |