African Development Bank (AfDB) - 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, all of which will accelerate our delivery for Africa, have been identified for scaling up, namely; energy, agro-business, industrialisation, integration and improving the quality of life for the people of Africa. The Bank is seeking to build a senior management team that will lead the successful implementation of this vision.
We are recruiting to fill the vacant position of:
Job Title: Senior Vice President
Reference: No ADB/15/164
Location: Nigeria
Grade: EL-2
Position N°: 50069633
Objectives
- The Senior Vice President reports directly to and will support the President in the day-to-day management of the Bank.
- S/he must be a top-performer and achiever, with extensive managerial experience in driving change and achieving transformative results.
- The ideal candidate must be dynamic and results-driven with a proven record of effectively running large and complex international institutions (public and private).
- Extensive senior-level experience in multilateral development finance institutions will be a distinct advantage.
- The incumbent will support the President to drive and deliver the Bank’s operations across Africa and ensure a performance-driven culture with sharp focus on institutional efficiency and effectiveness.
Duties and Responsibilities
The duties and responsibilities of the incumbent will include, among other things, the following:
- Support the President in day-to-day management of the Bank’s affairs.
- Lead Senior Management Co-ordination Committee and Bank-wide committees, as appropriate, bringing to the attention of the President any issues arising, including implementing key management and Board decisions.
- Provide leadership to develop and implement the new business delivery model to revamp and significantly grow the business and income of the Bank Group.
- Drive a strong development- and people-centered institutional culture at all levels of the Bank.
- Drive an institutional culture of high-performance, and working with the Vice President for Human Resources and Corporate Services, align all processes, systems, procedures, human and financial resources to the strategic priority areas identified by the President to ensure delivery and impacts.
- Coordinate the work programs of Vice President Complexes to ensure strategic coherence, clear performance metrics, and timely execution and delivery on program and policy development targets at sector and regional levels.
- Ensure that the Bank becomes a more nimble organization with high institutional efficiency and effectiveness, with drastically improved systems and procedures that enhance the Bank's responsiveness and competitive position in meeting the needs of clients.
- Lead the development of annual work program of the Bank and strategic budgeting to align budgets and resources, implement budget execution reviews and ensure full implementation of agreed work program and budgets.
- Develop strong overall organizational cohesion and capacities, lead virtual teams across Complexes and implement incentives that foster a culture of innovation, creativity and collaboration across Complexes on major transformative programs and projects.
- Leadership in operations to ensure significant growth of the Bank's portfolio, effective monitoring and supervision to enhance portfolio quality and acceleration of disbursements.
- Working with the President, implement rigorous performance contracts for all Vice Presidents, Directors, Regional Directors, Resident Representatives, line Managers and Task Managers, with sharp focus on portfolio and revenue growth and disbursements of loans and grants.
- Lead and coordinate the effective implementation and monitoring of key corporate decisions as well as the identification of necessary corrective measures and actions. Supervise the Units/Departments directly reporting to his/her office.
- Carry out duties as delegated by the President, and advise the President on emerging issues of corporate significance for strategic and operational management, resources allocation and performance monitoring.
Selection Criteria
Including desirable skills, knowledge and experience:
- At least, a Master's degree in Business Administration, Management, Finance, Economics or other relevant fields.
- Experience in driving and managing change within large and complex institutional settings, especially multilateral organizations or the private sector, with at least 15 years of experience, 10 years of which must be at senior management level.
- Extensive experience in business development, management and finance.
- Ability to provide strategic leadership and drive results and execution.
- Vast experience in development issues and ability to guide strategic and operational directions of the Bank to deliver impactful results.
- Extensive operational experience within multilateral organizations, with excellent technical and analytical skills.
- Demonstrated ability to work across institutional boundaries with various teams, build and lead a team of professional staff, and utilize talent and expertise of team members in a productive manner.
- Ability to manage strategic global, regional and national partnerships.
- High degree of discretion, tact and sensitivity in dealing with internal and external clients and stakeholders at all levels.
- Ability to manage a highly diverse Board of Directors and Senior Management teams and responsive to needs of multiple stakeholders, with excellent negotiation skills.
- Ability to deal sensitively in a multi-cultural environment and build effective working relations with clients and colleagues.
- Superior written and verbal communication skills in English and/or French with a working knowledge of the other language.
Application Closing Date
30th November, 2015
Method of Application
Interested and qualified candidates should:
Click here to apply online