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 primary role of the Financial Sector Development Department is to help the regional member countries (RMCs) increase reach (e.g. financial inclusion), depth (e.g. financial intermediation), and breadth of financial systems (e.g. capital market, cross-border development). The Financial Inclusion Division will support the Bank’s RMCs in their aim for near-universal access of essential financial services. Its programs and projects will facilitate the unbanked populations’ access to basic financial services at a lower cost, while achieving acceptable financial security and safeguarding financial stability. Innovative solutions adopting the latest technological developments and tailored to country conditions will be critical for RMCs. The Bank now seeks to appoint the Financial Inclusion Division Manager who will work under the guidance and supervision of the Director, Financial Sector Development Department.
Duties and responsibilities
The Division Manager will also work closely with internal and external stakeholders to develop and establish programs and projects that support the Bank’s RMCs in their aim for near-universal access of essential financial services. The role includes but is not limited to:
i. The Technical Oversight:
ii. People Management:
iv. Staff engagement:
v. Corporate Communication:
Including desirable skills, knowledge and experience
a) At least a Master's degree in Finance, Banking, Economics/Development Economics, Business Administration, or other discipline that is relevant to the operations of the division.
b) At least eight (8) years relevant experience in the financial sector/socio-economic development sector.
c) Experience in finance with a proven track record in sourcing, structuring and executing financial sector related transactions.
d) Experience in financial sector policy issues such as: a) Financial Sector Regulation, b) Financial Inclusion, c) SME Finance d) Mobile Banking e) Payment systems.
e) Proven capacity to innovate
f) Proven team management skills in a multi-cultural professional environment.
g) Good coaching, mentoring and conflict resolution skills.
h) Strong analytical and problem solving skills.
i) Strong communication skills.
j) Knowledge of new technology solutions including digital payments is an advantage.
k) Communicate and write effectively in French and/or English, with a good working knowledge of the other language.
l) Competence in the use of standard Microsoft software applications (SAP, word, Excel, Access and PowerPoint).
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