The African Export-Import Bank (Afreximbank), a multilateral financial institution created by the partnership of African states, the African private sector, international financial institutions and non-African States seeks to appoint a President to replace the serving President, whose term of office expires in July 2015. The mandate of Afreximbank is to promote the trade of African states by providing financing and other services. The Headquarter of the institution is in Cairo, Egypt, where the President would be based.
General information on the Bank is available on its website: www.afreximbank.com
The President is the Chairman of the Board of Directors and CEO. He is responsible for developing the organization’s business strategies, its relationship with outside parties and a variety of stakeholders, including African governments and their agencies, African and international financial institutions and the private sector, and non-African governments and entities of the private sector. He leads a highly skilled multi-disciplinary and multi-cultural team of professionals to develop the organization’s policies and programmes for the achievement of its objectives.
The candidate must be a national of an African state. His career achievements must demonstrate a strong strategic vision, extensive experience in international banking, in the financing of trade and trade-related projects in the context of a developing economy, as well as in the management of a commercially-oriented financial institution at the highest level (at or near-CEO level).
To command the respect of senior government officials, African and international bankers, the candidate must have a good knowledge of African financial systems and African economies. A keen awareness of the challenges of the continent and how these affect the development of the export sector and the nature of the issues the Bank might be confronted with in addressing the challenges, is essential. The candidate must also demonstrate a clear vision for taking the mandate of the Bank to the next stage of its development and be able to articulate how this would be achieved.
The appointment will be made by shareholders on the recommendation of the Board of Directors. The appointment is for a term of five years, renewable once. The salary and other items of remuneration are commensurate with that of an executive with similar responsibilities of a comparator organization. An applicant is not nominated or sponsored by a member state of the Bank or by a shareholder. Applications must be received not later than 15 February 2015. Please reply in confidence, enclosing a full curriculum vitae, to our retained consultant at [email protected].
Only candidates short-listed would be contacted.