AFC is an African-led multilateral development finance institution, established in 2007, with a mission to improve
African economies by proactively developing and financing infrastructure, industrial and financial assets. With the aspiration to be the leading infrastructure financier on the continent, AFC is involved as an investor, developer and financier of various infrastructure projects, and is gaining recognition as the benchmark institution for financing the development of infrastructure projects in Africa.
AFC’s current authorized share capital is USD2 billion with shareholders’ funds of USD1.28 billion. By the end of 2014, the Corporation had mobilised funding in excess of USD1billion. AFC is one of the highest investment grade-rated multilateral finance institutions in Africa, with an A3 (long term) /P2 (short term) foreign currency debt rating by Moody’s Investors Service.
Executive Director, Financial Services
We are seeking to fill a new position of Executive Director, Financial Services. This position which reports to the President & Chief Executive Officer will be responsible for managing the development and execution of activities of AFC’s Financial Services Division, which comprises the Financial Advisory, Financial Institutions & Syndications and Treasury departments, operating to world-class standards and ensuring its sustained profitability and developmental impact.
Based in Lagos, Nigeria but having a continental remit, the holder (s/he) will possess :
At least 20 years’ relevant experience, of which 10 must be in at the senior management level in treasury, financial advisory, syndication and/or financial institutions business.Relevant advanced degree e.g. Masters Degree in Business Administration, Finance, or a related field.Appropriate financial certification such as ACA, ACCA, CPA, CFA, etc is desirable.Significant breadth, depth and length of professional and business management experience at country, regional and global levels in the international financial services sector.Relevant experience and understanding of infrastructure development issues, infrastructure finance, project development, project finance, advisory and private equity.Excellent knowledge and strong track-record of success in at least two of the following disciplines namely financial advisory and investment structuring, financial institutions and syndications and treasury and funding, especially across the African Market.In-depth knowledge of financial services industry’s regulatory and statutory requirements and specifications.Outstanding strategic and critical thinking skills, with an aptitude for analysing and solving complex and multidimensional problems.The ability to anticipate changes in the region’s macroeconomic, socio-political and regulatory environments and their impact on the corporation’s business.Experience in managing multi-level, multi-interest and demanding stakeholders.Global mindset and a deep appreciation of global issues in the financial services business.Excellent People management, leadership, interpersonal and relationship management skills.Resourcefulness, creative and innovative approach to driving the business.Language proficiency will be an advantage.
Method of Application
Interestd and suitably qualified candidates should click here to apply online. Or
If you are interested in exploring this exciting opportunity, please send your CV in confidence to:ED_Recruit@africafc.org no later than 22nd January 2015.