Chief Executive Officer (CEO) – Microfinance Institute, Burkina Faso, West Africa
CA Banking is currently looking for a very senior and highly qualified candidate for the role of CEO for one of its International clients. The role is to be based in Burkina Faso but will have regional responsibility for Mali and Cote d’Ivoire as well.
Overview:
The client is a fast growing organization whom overseeing microfinance banks and institutions in fifteen countries of Central and South Asia, the Middle East, and Africa. The client currently employs over 3,500 people throughout these various entities.
Their mandate is poverty alleviation and the reduction of economic and social exclusion. Their goal is to establish sustainable institutions that extend a broad range of innovative financial services to underserved populations. They partner and collaborate with all the leading international and bilateral agencies active in the field of microfinance.
The CEO is responsible for the bank or institution’s development and day-to-day general management, under the authority of the Board of Directors; and the relations with governments and supervisory authorities.
Role overview:
1. Management of the entity as an effective microfinance institution/bank focused on poverty alleviation and provision of financial services and products
2. Development of sustainable institution with a well balanced portfolio; broad geographical and product outreach and maximum impact.
3. Capacity building of a core group of local professionals, capable of staffing all managerial positions in the medium term without recourse to expatriate management or technical assistance.
4. Linking with other partners and donors to leverage existing institution’s investment in the institution. In particular preparing, submitting and procuring donor funding for expansion of activities.
Duties and responsibilities but not limited to;
- Holding overall responsibility for the performance of the institution, as per the business plan and benchmarks agreed with the institution. Promptly developing and recommending corrective action plans in case of adverse developments. Supervise, co-ordinate, implement, expand and consolidate the existing operations. This would also require evolving new products and methodologies relating to group and community based loans.
- Preparing annual budgets (as well as periodical revisions) and co-ordinating the execution of all activities of the institution, extending and maintaining client relations, monitoring and responding to the needs of the institutions clientele, and ensuring the development and marketing of a broad range of products, in line with the institution’s strategy. Preparing annual action plan and implementing per the time lines indicated therein
- Holding responsibility for ensuring the efficient and sound management of the financial resources of the institution and for the management of the risks related to the business. In this context, ensuring the high quality of the portfolio, the sustained monitoring of the portfolio performance, and the active enforcement of recovery policies.
- Holding responsibility for the proper implementation of high standard internal controls and procedures to ensure safeguard of institution’s activities, operations, assets and data.
- Ensure internal audit procedures are conducted on periodic and regular basis to ensure integrity of operation and data and recommendations are appropriately implemented as well as facilitating annual and ad hoc external audits, and ensure that all required information, workings and schedules are provided to external auditors in a timely manner
- Conducting periodic and regular visits to various branches and sub-branches to provide management and operational oversight;
- Developing and coordinating various linkages between the institute and various stakeholders i.e. government authorities, agencies and general public;
- Holding overall responsibility for the recruitment and management of the staff of the institution, their training and capacity building, performance management and the formulation and implementation of personnel policies.
The Candidate must have;
- A degree from a leading university, preferably with a finance or business focus.
- Have a minimum of 15 years professional experience within banking/finance, including a minimum of five years at a senior management level.
- Demonstrate effective management and leadership skills, and an ability to work under pressure to complete multiple tasks and meet deadlines.
- Have experience working within developing countries with a strong interest in development and social issues.
- Multiple skills and capacity to contribute at the different functional levels within the organisational structure of the programme.
- Successful candidates will have significant experience in the above fields, gained through earlier postings in emerging economies.
- Excellent communication skills in French and English (prerequisite)
Competitive compensation packages will be offered.
Should you meet all the above requirements please send your CV to Mike at CA Global (
mike@caglobalint.com) or visit our website (
www.banking-recruitment-jobs.com) to apply
Note: Only successful candidates will be contacted.