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The African Development Bank Group (AfDB) is a multilateral development finance institution established to contribute to the economic development and social progress of African countries. The AfDB was founded in 1964 and comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund. The AfDB’s missi...
Objectives
The Infrastructure, Private Sector and Regional Integration Vice Presidency (OIVP) is responsible for all private sector operations falling within the umbrella of the Bank Group’s private sector development strategy. Within this complex, the Special Operations Unit (SOU) provides timely specialized services to resolve distressed assets. The SOU works closely with OPSD and OFSD to plan, organize and implement the activities related to private sector project identification, preparation, appraisal, implementation and portfolio management.
Accountability and Objectives: The Special Operations Unit (SOU) main responsibility is designing and implementing workouts in the form of financial restructurings, or other recovery solutions for jeopardy as well as potentially distressed investments that preserve to the extent possible the Bank’s development impact. SOU will undertake its workouts either independently or jointly with portfolio management units, with SOU always taking the lead.
Duties and responsibilities
Under the overall supervision of the Vice-President OIVP, the Head of SOU will have both technical and managerial responsibilities. The incumbent is also expected to develop an understanding of the dynamics of AfDB regional and sector portfolios and to actively communicate with their respective portfolio managers to explore areas of potential SOU value addition. He/she will be :
Selection Criteria
Including desirable skills, knowledge and experience
Interested and suitably qualified candidates should click on preferred job titles to apply online. |
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Chief legal counsel (private sector operations), GECL.2 | ||
Head of the special operation , SOU | ||
Chief trade and regional integration officer, ONRI.2 | ||
Division Manager: Regional Integration & Trade, ONRI2 | ||
Senior Operations Assistant, ONRI | ||
Senior program officer, JSSO | ||
Senior program officer, ONRI / IPPF | ||
Senior trade and investment officer, ONRI.2 |
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