Deadline: 14 January, 2022

Location: Abidjan, Ivory Coast

The African Development Bank (AfDB) is seeking to fill the role of Vice President and Chief Financial Officer.

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

Responsibilities

• Provide leadership in the formulation and implementation of the bank’s financial  strategies in support and furtherance of its development mandate
• Oversee the development and implementation of new financial products and services to meet the bank’s client needs
• Oversee the optimal utilisation of the bank’s risk bearing capacity between non-core (treasury and asset-liability management) and core (lending or credit) activities
• Promote policies, processes and guidelines to enhance cost effective fundraising in all major currencies and certain regional members’ currencies
• Provide the leadership required to assure the ongoing confidence of key stakeholders in the financial management capacity of the bank
• Serve as an advocate or sponsor for important organisational or process change initiatives
• Foster an environment, throughout the bank, that stimulates and rewards partnership, encourages continuous learning, open communication and teamwork, and employ managerial best practices to motivate staff and ensure their most productive and cost-effective utilisation and deployment
• Represent the bank in key discussions with various stakeholders (investors, borrowers, rating agencies, shareholders and other development financing partners) on financial matters
• Oversee the administration of the staff retirement plan

Requirements

• Master’s degree in Finance and/or Business Administration or a related discipline
• 13 years, minimum, of relevant experience in a reputable financial institution, with the last ten years in a senior management role
• Broad, executive level experience in the area of finance
• Experience working in large, multicultural organisations in the public or private sector with a diverse workforce and sensitivity to diversity concerns of staff and boards of directors
• Proven intellectual leadership in managing and maintaining an efficient and transparent environment in an international financial/banking organisation
• Established reputation and track record of performance, innovations and change management
• Ability to listen and communicate effectively with oversight bodies such as multinational boards of executive directors and governors and other senior government officials
• Ability to think strategically and design long-term plans and programmes to develop staff in line with strategic priorities
• Ability to inspire, generate and sustain staff commitment and professional excellence
• Good negotiating skills and ability to communicate orally and write effectively in English or French
• Proficiency in the use of standard Microsoft Office applications

To apply and for more information, click here.

Photo source:  IITA