The Company

Our client is a financial services institution with the objective of increasing access to finance for Ghanaian enterprises, particularly small and medium enterprises (SMEs). Our client also provides wholesale financing/lines of credit and partial credit guarantees to eligible financial institutions.

Roles & Responsibilities

• The role of the Chief Executive Officer is to lead the development of a sound business strategy and operations plan for the Board’s approval.
• The CEO would provide effective management of staff to implement the Board-approved Business Plan and to meet its objectives and targets.
• The successful candidate would ensure compliance with all regulatory requirements and foster a work environment that promotes professionalism.
• The CEO is also to maintain effective relations with key stakeholders and ensure financial viability the Bank.

Strategy Formulation and Implementation

• Lead the development and execution of the Bank's business plans in order to attain the goals of Board-approved strategies
• Establish strategic business direction and communicates it effectively to the Board and the executive management team for implementation
• Prepare and implement comprehensive business plans to facilitate achievement of set goals through cost-effective operations and market development activities
• Oversee development and/or compliance with policies that promote Bank’s mandate, vision, strategy, culture, and mission and effectively communicate same to all employees
• Develop and direct the implementation of the Bank’s strategic investment plans and programmes
• Champion the development and implementation of strategies to enable the bank to play a strong and recognizable role in supporting Ghana’s economic transformation while remaining financially viable at all times

Qualification Required & Experience

Requirements

• Minimum of 18 years’ experience in the Development Finance or Financial Services sector, with at least 12 years’ experience in an Executive Management role
• A degree in Economics, Finance, Business (e.g. MBA), Accounting, Law, or Engineering
• Relevant professional certifications & membership professional associations in Ghana or abroad will be an added advantage
• Experience in Development Finance or Banking sector within Africa is an advantage
• Evidence of strong industry/sector participation, leadership and goal achievement
• Exposure in managing financial services or development finance institutions with proven compliance with regulatory requirements

Key Responsibilities

Board / Stakeholder Engagement

• Execute the instructions of the Board and ensure that Board decisions are properly communicated to the executive management, staff and all stakeholders
• Report the financial and administrative status of the bank to the Board at agreed periods and in line with leading Corporate Governance practices
• Support the Board to identify trends that provide the basis for vision and future services
• Work effectively with the Board to aid its governance functions and facilitate optimum performance by the Board, its Committees and individual Board members
• Ensure a deep institutional understanding of the Ghanaian economy, its growth and employment potential through rigorous research.
• Develop and maintain strong and positive relationships with the banking community, stakeholders and regulators
• Assure the reporting of financial and strategic plan progress to the Board and other key stakeholders

General Management

• Provide general oversight for operations, and ensure a smooth functioning and efficient organisation
• Ensure the implementation of strong service standards, excellent customer service and the correction of any negative perception of services
• Ensure cohesion within the Bank, especially by maintaining a good social climate and a conducive working atmosphere (free of discrimination or harassment)
• Enhance and implement process improvement initiatives in order to maximise overall efficiency and productivity
• Institute an operating framework and action plans with defined objectives, targets and responsibility to support the achievement of Bank's strategies
• Direct the development and adoption of procedures and control to ensure business risks are always monitored adequately mitigated
• Promote communication and adequate information flow to ensure effective management control of the Bank
• Ensure that all activities and operations are performed in compliance with legal and professional standards and laws governing business operations

Financial Management

• Lead the identification of new business opportunities in order to diversify the bank’s sources of revenue
• Lead the identification of new investors or in raising long-term finance in Ghana and abroad
• Recommend yearly budget for Board approval and ensures the prudent management of resources within these budget guidelines
• Oversee Bank's financial performance, investments and other business ventures
• Ensure financial viability and transparency, disclosure, and auditing

People Management

• Ensure that competent people are in critical roles in the Bank, and establishes a process for continuous people development to ensure adequate supply of the right talents to meet operational requirements
• Develop and implements appropriate rewards/recognition and coaching/corrective practices to align personnel with organisational goals
• Provide for adequate management successions by liaising and mentoring business executives within each divisions and departments.

Location: Accra

How To Apply For The Job

To apply, interested candidates should send their CV and cover letter to:

gh_executive_search@pwc.com

The role being applied for should be the subject of the email.

Closing Date: 06 November, 2020