Deadline: 01 April, 2022
Location: Cairo, Egypt
The World Bank (WBG) is seeking to fill the role of Country Manager.
The bank, with 189 member countries and more than 120 offices worldwide, works with public and private sector partners, invests in groundbreaking projects and uses data, research, and technology to develop solutions to the most urgent global challenges.
The WBG consists of five specialised institutions: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for the Settlement of Investment Disputes (ICSID).
Responsibilities
- In consultation with the regional director, North Africa, develop and implement the country strategies and business plans for integrated investment and advisory operations, including sector priorities and business targets
- Support the implementation of the upstream strategy
- Oversee all IFC’s investment and advisory activities in the countries
- Lead the coordination with WBG institutions and oversee with the regional industry managers (and other colleagues in IDA and MIGA) the design and implementation of the Joint Business Plans (JBPs) and other forms of proactive collaboration
- Manage and develop relationships with key clients (governments and private companies) at the highest level of seniority and position IFC as the partner of choice to support high development impact projects in Nigeria
- Build up relationships with key stakeholders (including relevant regulators, businesses, CSOs, PE funds, and investors)
- Identify and implement measures to improve results in terms of efficiency, productivity, profitability, and impact and increase contribution to the corporate scorecard
- Lead, manage, develop, and mentor an integrated and diverse team consisting of regional and industry staff, ensuring that the team is high-performing, well-motivated, innovative, well-trained; has clear deliverables; and is committed to the success of IFC in the countries
- Identify areas where IFC can catalyse market development through innovation based on a thorough understanding of local markets and best practices from IFC’s global experience
- Lead/coordinate the development of a client engagement strategy for existing and new clients
- Take accountability for early review and clearance of sponsors
- For all investments and AS client’s programmes, review and validate IFC’s added-value, development impact and fit with IFC strategy in the countries
- Manage investment teams and provide guidance for complex investment structuring and portfolio management cases
- Develop IFC’s ‘brand’, building on IFC’s regional brand and the overall communications strategy, engaging with local media
- Represent and provide visibility for IFC in the countries including through organisation/participation in high profile events (senior level visits, interviews, seminars, and conferences)
- Develop and maintain strong relationships with industry departments to originate, process and manage a pipeline of investments, and support proactive and strategic portfolio management
- Develop market knowledge to ensure that IFC is working with the right sponsors
- Take accountability for client selection, ensuring the integrity of potential clients, and develop and maintain relationships with these companies to identify business opportunities
Requirements
- Master’s degree with 12 years of professional experience in strategy, finance, or advisory, e.g., commercial or investment banking, project finance, private equity, and management consulting
- As an ambassador representing IFC in the country, country manager must be a role model for ethical behaviour and values of IFC
- Strong client relationship management skills, with an existing network of relevant top-level contacts in the country’s private and public sector and/or demonstrated ability to build such high-level client network
- Outstanding and proven track record of performance in investment and advisory activities
- Strong leadership capabilities and experience managing people, especially leading diverse and high-performing teams
- Significant experience with proven success in developing client relationships
- Ability to represent IFC externally with governments, media, clients, donors, and other stakeholders
- Ability to think strategically and adjust the country strategies, as needed, so that they remain responsive to the client needs, and in coordination with development partners
- Experience in transaction processing and portfolio supervision a strong plus
- Work experience in Africa and a strong interest in developing a thorough understanding of Egypt and Libya
- Ability to build successful relationships across the matrix
- Strong written and oral communications skills
- English language fluency
- Arabic language (preferred)
- Ability to develop innovative solutions and challenge the status quo to build IFC’s business and image in the market
To apply and for more information, click here.
Photo source: UNCTAD