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Thursday, June 8, 2023

    Apply: AfDB Division Manager

    Deadline: 12 June, 2020

    Location: Abidjan, Ivory Coast

    African Development Bank (AfDB) is currently seeking applications from eligible applicants for the post of Division Manager (Syndications and Co-Financing).

    AfDB’s mission is to spur sustainable economic development and social progress in its regional member countries (RMCs), thus contributing to poverty reduction.

    The Division Manager (Syndications and Co-Financing) will work under the oversight of the Department’s Director.


    • Establish AfDB as the leading arranger of syndicated development co-financing in Africa
    • Mobilise funding from all external investors – commercial banks, Development Finance Institutions, Export Credit Agencies, Pension Funds, etc – to leverage the development impact of deployment of the Bank’s risk capital
    • Mobilise resources from the many development partners and other related agencies with whom AfDB has ongoing relationships or with whom otherwise Memorandums of Understanding have been signed
    • Integrate syndication and co-financing into operations, so that the mobilisation of external funding becomes the standard business model
    • Support investment officers and task managers in identifying co-financing opportunities and promoting the unit’s products to borrowers/sponsors
    • Assist with the structuring and pricing of proposals by feeding back market intelligence
    • Enable the Bank to manage its existing portfolio of assets through secondary sales/securitisations and any other balance sheet optimisation mechanism
    • Manage the resources of the division to maximise its effectiveness in supporting investment officers and task managers, marketing investors and executing transactions
    • Provide structuring guidance to investment officers and actively participate in presenting proposals and mandate letters to clients, emphasising the benefits of syndication and co-financing
    • Establish working relationships with the widest possible group of commercial co-financiers
    • Execute A/B-loan co-financings and Development Financial Institutions’ syndications, sharing responsibilities where appropriate with co-arrangers
    • Conduct market soundings, pricing and provide risk appetite feedback to senior management for their consideration
    • Review syndication guidelines and make recommendations for amendments and improvements
    • Develop internal operational processes and procedures for the division
    • Develop training, communication and marketing material and conduct staff and co-financiers information campaign
    • Act as deputy and officer-in-charge in the absence of the departmental Director
    • Identify existing assets for potential secondary sale, obtain market feedback on likely cost of sale and, where applicable, seek all necessary approvals
    • Work with, inter alia, operations (both public and private)/financial control/financial treasury, financial management, legal and other departments within the Bank to establish capacity to act as agent for all B-loans, Development Financial Institutions’ syndications and other co-financings


    • Minimum of a master’s degree or equivalent in Finance, Economics, Business Administration or related disciplines
    • Eight years, minimum, of experience acquired in a reputable financial institution, five of which should be in a supervisory capacity
    • A track record of direct responsibility for at least five successfully executed syndication deals is required
    • Private sector experience will be an added advantage
    • Ability to propose innovative and creative approaches to activities in order to enhance performance and create added benefits to the Bank and its clients
    • Ability to communicate clearly and concisely and work with others to maximise team effectiveness and develop strong working relationships within and outside of the organisation
    • Ability to apply business knowledge to the resolution of problems and identify solutions to the benefit of the clients (internal and external) and the organisation
    • Demonstrable knowledge and application of the systems, procedures and culture within the organisation in order to deliver the required results
    • Working knowledge of a range of financing alternatives and financial instruments and ability to conduct a range of financial analysis and understanding of project financing process
    • Strong analytical, quantitative and financial market skills
    • Ability to plan strategically in an uncertain environment and achieve desired results timely
    • Good negotiating skills
    • Ability to lead, guide, develop, mentor and motivate staff members to achieve optimum performance in their roles
    • Ability to communicate effectively (written and oral) in English or French with a good working knowledge of the other language
    • Proficiency in the use of standard MS Office software applications, particularly Word, PowerPoint, Excel and SAP

    To apply and for more information, click here.

    Photo source: AfDB

    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!

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