Objectives

In line with bank ten year strategy, the role of the Private Sector Department is to strengthen the enabling environment for private sector development conducive to the inclusive growth and sustainable development, nurture public-private partnerships, strengthen indigenous entrepreneurship, and strengthen African regional and global integration, trade and investment inward flows for African member countries. Greater emphasis is also put on Low-Income countries and Fragile States.

Duties and responsibilities

Under the general guidance and supervision of the Vice President, Infrastructure, Private Sector & Regional Integration, the Director, Private Sector Department will perform the following duties and responsibilities:

•   Provide leadership in business development and execution of innovative and profitable investments,  using existing and new instruments;
•   Identify investment opportunities and provide guidance in structuring projects including cross-border ventures, regional trade and privatisation schemes; lead the development of a strong pipeline of high quality investment opportunities;
•   Monitor private sector developments in each country, consulting with sector authorities and institutions and exchanging views with other donors active in the sector to formulate an appropriate private sector assistance strategy for the country that conforms to the Bank’s overall country assistance strategy reflected in the approved CSP;
•   Build and maintain strong relationships with regional and global private businesses, banking and multilateral partners and government officials to develop the private sector and investment opportunities.  Design and provide business development services in close collaboration with other lending units;
•   Promote the Bank’s private sector programme throughout the continent and publicise African business opportunities to regional and international investors;
•   Provide leadership in the Bank’s initiatives to assist countries to develop and implement economic and sectoral reforms that include regulatory, fiscal, legal and judicial reforms and privatization;
•   Provide leadership in the design and implementation of specific programs for strengthening institutional and managerial capacity; provide technical assistance to governments, private enterprises and business associations;
•   Lead initiatives for supporting the efforts of Regional Member Countries’ to develop infrastructure through public-private partnerships by assisting to develop legal and regulatory framework for handling public-private partnerships.
•   Develop and formulate new approaches, policies, procedures, guidelines and programmes for the Bank’s private sector activities that address poverty reduction in RMCs.

Qualification Required & Experience

Including desirable skills, knowledge and experience

•   A minimum of a Master’s degree or its equivalent in Business Administration, Finance, Banking, or any other relevant discipline plus preferably a minimum of 10 years (5 of which should be at a managerial level) of extensive and in-depth experience in private sector development;
•   A good knowledge and experience of socio-economic, development and business environment issues in African countries;
•   Extensive knowledge and proven experience in financial lending instruments and approaches, including familiarity with equity lending and guarantee mechanisms;
•   Strategic mindset; strong capacity to analyze actions from the perspectives of stakeholders and translate strategic thinking into compelling plan of action;
•   Demonstrated ability to take prudent business risks and make effective, timely and well-determined decisions;
•   Proven ability to build and lead motivated and committed teams across functional boundaries, and utilize talent and expertise of team members in a productive way;
•   Demonstrated ability to present and win support for ideas; a good listener; cultural sensitivity, commitment to diversity and capacity to initiate and manage innovations or change;
•   Ability to build partnership with a broad range of clients and deliver results that meet the needs and long-term interests of clients within and outside the institution;
•   Competence in the use of Bank standard software (Word, Excel, Access, and PowerPoint);
•   Excellent written and verbal communications in English and/or French with a working knowledge of the other language.

Location: Ghana

How To Apply For The Job

Interested and qualified candidates should

Click Here To Apply Online

Closing Date: 27 November, 2013

Only applicants who fully meet the Bank's requirements and are being considered for interview will be contacted. Applicants will only be considered if they submit an online application, and attach a comprehensive Curriculum Vitae (CV). The African Development Bank is an equal opportunities employer and female candidates are strongly encouraged to apply