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 81 member states, including 54 Regional Member Countries in Africa. 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 (High 5s), all of which will accelerate our delivery for Africa, have been identified for scaling up, namely light up and power Africa; Feed Africa; Industrialize Africa; Integrate Africa; and Improve the quality of life for the people of Africa .
The Investment Officer will utilize in-depth knowledge and experience to deliver resolution strategies for problem projects and demonstrate strong leadership skills for direct reports in the Unit as well as internal and external interaction and consensus building.
S/he leverages the prior project knowledge from portfolio managers who can be highly valuable temporary members of a tailored SNOU Jeopardy or Joint Venture team and will bring a new vision and objective thinking to decide on the best path forward for the underperforming project. S/he will lead others in the rapid diagnosis of distressed situations and design and implement optimal rehabilitation and exit strategy; take into account the unique characteristics and issues for each project.
The incumbent may also be invited from time to time to observe the Credit Risk Committee (CRC) investment process and Board Approval process in order to bring his or her experience to the attention of the Bank. S/he will also represent the Bank professionally with external parties, including auditors/advisors/consultants, Government representatives, Co-investors, Central Banks, Regulators and also at technical and DFI conferences
Job Skills: Not Specified
Job Qualifications: Not Specified
Job Education Requirements: Not Specified
Job Education Experience: Not Specified
Work Hours: 8
Job application procedure
To apply please click here https://ldd.tbe.taleo.net/ldd03/ats/careers/requisition.jsp?org=AFDB&cws=1&rid=2267