24.2 C
Lagos
Wednesday, November 30, 2022
More

    Apply: AfDB Chief Investment Officer

    Deadline: 08 May, 2020

    Location: To be specified

    The African Development Bank (AfDB) is recruiting a Chief Investment Officer who will originate, develop, and lead due diligence up to board approval, lead financial closure and the first disbursement of private sector transactions in the industries and services sectors.

    Applicants will be considered based on their specific skills, expertise and background. Depending on the profile of candidates, the position could be based in Abidjan, Tunis, Nairobi or Pretoria.

    Responsibilities

    • Liaise and coordinate with other Investment Officers and AfDB staff in business development and the origination of a good quality investment pipeline
    • Proactively identify potential investment partners and opportunities based on industry experience, reputation, market potential, financial capability, and strategic fit
    • Assess the attractiveness of specific investment opportunities with a strong focus on credit quality and development impact and make recommendations management
    • Prepare project appraisal reports for presentation to the department, review committees, senior management and finally to the board of directors
    • Execute loan (equity and mezzanine) financings including processing mandates, conducting due diligence, structuring deals, negotiating terms and documentation, arranging syndications, and processing internal approvals
    • Develop investment promotion strategies in Africa, including targeting potential investors and promoting AfDB’s products and services proactively
    • Work with the legal department to ensure that all deals have appropriate legal documentation and that financial closure is achieved, and hand over projects to portfolio management staff
    • Build and maintain strong relationships with clients, banking and multilateral partners and government officials to develop a strong pipeline for new investment opportunities
    • Design specific innovative transactions, projects and initiatives
    • Undertakes the work on aspects of investments and industrial development and aligns them with institutional objectives
    • Evaluate, structure, negotiate and close new transactions, with a strong focus on credit and asset quality (include processing mandates, due diligence, negotiating term sheets and other documentation, syndications and board approval)
    • Provide support to other industry and portfolio teams in processing and supervising projects
    • External liaison and knowledge sharing
    • Provide input and comments on project, policy and other papers related to respective sector operations and development across a range of key themes and sectors

    Requirements

    • Minimum of a master’s degree in Business Administration, Finance or other relevant field
    • Seven years professional experience, minimum, in project finance, banking, consultancy, with specific experience in Africa
    • Proven capacity in business development, structuring and negotiation of deals
    • Strong analytical and financial structuring skills (including financial modelling experience) and sound business judgment
    • Working experience in multinational organisation in Africa and/or specialised experience in similar organisations (desirable)
    • Demonstrates ability to coordinate, participate in, and act as a catalyst for, strategic cross-sector dialogues within the networks, across the country, among AfDB colleagues and other development institutions, governments and other organisations
    • Knowledge of economic developments and market trends in Africa
    • Ability to contribute to sound decisions and contribute to the execution of the decisions
    • Ability to initiate, effectively and independently interact with the senior government officials, senior management of potential clients
    • Strong commitment to searching for and producing innovative and creative approaches to activities in order to enhance performance and create added benefits to the AfDB and its clients
    • Excellent problem-solving capabilities, including the application of business knowledge to the resolution of problems as well as the identification of solutions to the benefit of the client (internal and external)
    • Excellent organisational, administrative and time management skills
    • Proven ability to work with limited supervision and efficiently to deliver under pressure and meet tight deadlines
    • Willingness to travel extensively and geographic flexibility
    • Excellent presentation skills
    • Ability to communicate orally and in writing effectively in French or English, with a good working knowledge of the other language
    • Competence in the use of standard Microsoft Office applications (Word, Excel, Access, PowerPoint)

    To apply and for more information, click here.

    Photo source: GotCredit

    Bunmi Adesanya
    Bunmi Adesanyahttps://www.impacthouse.ltd
    Hi. My name is Bunmi. I am driven by a passion to create the most enriching content on personal and professional development opportunities within the African social sector. When it comes to curating digital content, I am a junkie. It’s been two minutes since my last post!

    Related stories

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Latest stories