Role Responsibilities
Strategy and Governance
- Lead the development, implementation and monitoring of policies and strategies that proactively pioneer new industries and promote sustainable economic development, employment creation, diversification, exports and the overall achievement of the mandate of BDC.
- Oversee the strategic and operational performance of BDC’s subsidiaries and portfolio of investments.
- Drive the execution of the BDC corporate strategy in accordance with the shareholder compact.
- Establish priorities in terms of BDC objectives and approved long-term strategies, guiding principles and corporate milestones.
- Establish the strategic framework for the allocation of the BDC financial and human capital resources.
- Ensure the development, implementation and adherence to best practice policies, procedures, systems and processes to drive transformational results.
- Drive the delivery of established performance targets defined in the strategic plan.
- Promote the vision, mandate and strategic objectives of the Corporation and a culture of ethical business conduct and establish standards and oversight structures that are designed to promote integrity, accountability and governance.
Stakeholder Management
- Promote the brand, interests and reputation of the Corporation locally, regionally and internationally as an innovative development financial institution.
- Develop and maintain effective strategic relationships with key stakeholders including public, private, civil society and development partners.
- Report periodically to the Board and the Ministry of Investment, Trade and Industry (MITI) and other Government forums on issues of national interest and the performance of BDC.
- Develop a wide range of relationships and networks locally, regionally and internationally to drive the mandate of BDC.
- Assume ultimate responsibility and accountability for decision making through liaison with executive management and key stakeholders.
- Represent BDC at most senior levels locally, regionally and internationally
- Chair the Executive Management Committee and other committees as directed by the Board of Directors.
- Ensure the development of effective and innovative lobbying to industry and Government in order to promote the interests of the Corporation.
- Work with partner institutions and other key stakeholders in the areas of economic policy, business climate and associated business services to promote coordinated and complementary services that meet the needs of local and foreign investors.
- Oversee adherence to set service levels and standards of the BDC.
Financial Management
- Promote capital raising activities of the Corporation to support the BDC investment and balance sheet growth.
- Ensure strict adherence to prudent investment, budgeting, portfolio management and financial management strategies, policies and controls.
- Drive the financial performance of the Corporation in accordance with set targets.
Human Capital Management
- Facilitate a positive and ethical work climate that is conducive to attracting, motivating and retaining talent.
- Drive employee engagement and performance in alignment with set strategic objectives of BDC.
- Ensure there are appropriate terms and conditions of employment, compensation, reward, performance assessment, leadership, talent development and succession planning of management.
Risk Management
- Direct the development and implementation of all the requisite operational policies and internal controls to mitigate strategic, operational, financial and compliance risks.
- Ensure the establishment, monitoring and maintenance of appropriate policies, processes and systems to provide effective internal control of operations.
- Identify, to the extent possible, all significant risks to the BDC and Sector and consider and establish, where appropriate, controls to mitigate the impact of the risks.
General
- Undertake other such duties as directed by the Board.
Qualifications
- A Bachelor’s and Master’s degree in Finance, Commerce, Economics, Business Administration or related fields.
- A professional Investment or Finance qualification from a recognised institution would be an added advantage.
Experience
- A minimum of eight (8) years’ strategic leadership experience at Executive Management level in a medium to large enterprise, with a diverse set of experiences associated with the management of financial services products.
- Extensive cross-functional experience encompassing risk management (credit, operational, balance sheet and reputational), asset/liability management, operations, and customer acquisition and product development.
- An outstanding track record of achievement demonstrated through business results.
- Demonstrated ability to lead, manage and develop a high-performance culture in organisations.
- Proven ability to develop and execute enterprise-wide initiatives, assemble effective management teams, lead high performance organisations, and achieve profitable and sustainable growth.
- Experience in mergers and acquisitions and launching greenfield projects especially related to development finance and investment.
- Strong knowledge of regulatory and legal requirements affecting business decisions.
Knowledge & Skills required
- Strategic Orientation
- Communication, Influence and Impact
- Results Focus and Commitment
- Business Orientation
- Decisiveness and Assertiveness
- External Environment Orientation
- Budgeting and Resource Management
- Team Leadership and Motivation
- Negotiation, Networking and Relationship Building
- Integrity
- Confidentiality
- Investment management
- Financial planning, budgeting and management
- Business acumen and leadership
- Business development
- Mergers and acquisitions
- Corporate Finance
- Board / Directorship
Closing date: May 23, 2025