WARNING AGAINST FRAUDULENT USE OF THE AFRICAN DEVELOPMENT BANK’S (AfDB) NAME Read more
Established in 1964, the African Development Bank is the premier pan-African development institution, promoting economic growth and social progress across the continent. There are 80 member states, including 54 in Africa (Regional Member Countries). The Bank’s development agenda is delivering the financial and technical support for transformative projects that will significantly reduce poverty through inclusive and sustainable economic growth. In order to sharply focus the objectives of the Ten Year Strategy (2013 – 2022) and ensure greater developmental impact, five major areas (the High Fives), all of which will accelerate our delivery for Africa, have been identified for scaling up, namely; energy, agro-business, industrialization, regional integration and improving the quality of life for the people of Africa.
The Vice Presidency for Finance oversees the financial management of the Bank Group. This encompasses the Bank Group’s treasury activities including borrowings from the capital markets and investment activities; controllership functions including financial reporting and loan administration; strategic resource mobilization and the strengthening of the non-statutory financial resources and instruments; the overall asset/liability management for the Bank Group.
THE HIRING DEPARTMENT/DIVISION:
As part of the Finance Complex, the Resource Mobilization and Partnerships Department is responsible for strategic partnerships, donor resource mobilization and the leveraging of the financial resources and instruments of the African Development Bank Group. The department is comprised of two divisions whose primary, joint role is to increase the pool and types of funding available to the Bank's regional member countries, particularly for transformative projects in line with the Bank's Ten-year strategy and High Five priorities.
the Non-Sovereign and International Institutions Division, FIRM.2 is responsible for managing relationships with new partners, emerging economies and non-sovereign partnerships including relationships with private sector co-financiers and institutional investors, Sovereign Wealth Funds, pension funds, Development Finance Institutions, private sector entities, and philanthropic foundations. the division also leads the partnership with sovereign entities such as bilateral aid agencies and manages a number of bilateral sovereign trust funds. the division also promotes co-financing with non-sovereign entities through co-financing facilities; finds innovative ways to partner with non-traditional donors and to work with other organizational units of the Bank to find resources for their initiatives (e.g. the Africa50 Fund); and works to develop innovative financial products and risk mitigation instruments which catalyze private capital to finance development in Africa (e.g. Private Sector Facility). Finally, the division is also responsible for the required periodic reporting on the use of funds as well as for the review of proposals for new partnerships through the Standing Committee on Partnerships.
Under the oversight of the Division Manager, the Chief Resource Mobilization and Partnerships Officer is an important professional in the division who plays a key role in mobilizing and deploying the Bank Group’s resources, by contributing to the planning, conceptualization, elaboration and operationalization of key Bank Group non-statutory resource mobilization and partnerships processes. The incumbent will;
The Chief Resource Mobilization Officer will ;
Including desirable skills, knowledge and experience
Information on the position:
THE AFRICAN DEVELOPMENT BANK GROUP HAS RETAINED DEVEX TO ASSIST WITH THIS APPOINTMENT. TO APPLY, PLEASE CLICK ON “APPLY” AS DISPLAYED ON THE APPLICATION PAGE OR ACCESS THROUGH THE FOLLOWING LINK:
THIS POSITION IS CLASSIFIED INTERNATIONAL STATUS AND ATTRACTS INTERNATIONAL TERMS AND CONDITIONS OF EMPLOYMENT.
Should you encounter technical difficulties in submitting your application, please send an email with a precise description of the issue and/or a screenshot showing the problem, to: HR Direct HRDirect@AFDB.ORG
Applicants who fully meet the Bank's requirements and are considered for interview will be contacted. Only online applications submitted with a comprehensive Curriculum Vitae (CV) and copies of the required degrees will be considered. The President, AfDB, reserves the right to appoint a candidate at a lower level. The African Development Bank is an equal opportunities employer. Female candidates are strongly encouraged to apply. www.afdb.org
The African Development Bank Group (AfDB) does not ask for payments of any kind from applicants throughout the recruitment process (job application, CV review, interview meeting, and final processing of applications). In addition, the Bank does not request information on applicants’ bank accounts. The African Development Bank Group declines all responsibility for the fraudulent publications of job offers in its name or, in general, for the fraudulent use of its name in any way whatsoever.