Deadline: 26 September, 2021
Location: Abidjan, Ivory Coast
The African Development Bank (AfDB) is seeking to fill the role of Chief Investment Officer.
AfDB’s mission is to spur sustainable economic development and social progress in its regional member countries (RMCs).
Responsibilities
- Coordinate the delivery of flagships, as relevant, to ensure delivery of the new deal on energy objectives
- Lead the structuring of projects involving public and private sector participation in close coordination with hub teams, power systems, renewable energy and energy efficiency teams
- Work across the energy value chain and be involved in new business processing until funding is secure
- Contribute towards developing a strong pipeline of good quality investment opportunities through anticipating market trends and employing sector/country knowledge
- Evaluate, structure, negotiate, and close new transactions, portfolio restructurings, leasing, capital markets solutions, etc
- Develop innovative and appropriate financial structures for complex transactions
- Lead/participate in negotiation of finance documentation, develop financial solutions and overcome bottlenecks in the transaction life cycle
- Provide feedback on energy project documents, including investment agreement, shareholders’ agreement, concession agreements, power purchase agreements, engineering procurement and construction contracts, operations and maintenance agreements, fuel supply agreements, etc
- Have a thorough understanding of the energy value chain including utilities, energy markets, major operators and technologies
- Develop a good understanding of project and concession financing, tendering of IPP projects, policy issues, licence conditions, tariff regimes, and collaborate on these matters as appropriate with sector policy specialists and government regulators and officials
- Build and maintain strong relationships with clients, especially regional IPP developers and sponsors, utilities, corporates, banking and multilateral partners and government officials to develop specific investment opportunities
- Support/advise and, when necessary, and lead the evaluation, structuring, negotiation of new transactions
- Perform any other duty assigned by the division manager or director
Requirements
- Master’s degree in Economics, Finance, Business and/or a professional qualification
- Seven years, minimum, of relevant experience in financial structuring in the energy value chain
- Proven ability to identify, process and negotiate complex transactions in the energy sector from a private sector standpoint and, in particular, related to independent power project investments and corporate financing
- Ability to review and understand complex financial models
- Proven ability to construct financial models from scratch will be a plus
- Competence in the use of standard Microsoft Office applications (Word, Excel, Access, PowerPoint)
- Ability to communicate orally and in writing in French or English
To apply and for more information, click here.
Photo source: Rwanda Government
