Download AFRICAN DEVELOPMENT BANK INTERNAL VACANCY

AFRICAN DEVELOPMENT BANK
INTERNAL VACANCY NOTICE No ADB/17/084
JOB TITLE:
DIVISION MANAGER, AGRICULTURE AND RURAL FINANCE
COMPLEX:
VICE PRESIDENCY FOR AGRICULTURE, HUMAN AND
SOCIAL DEVELOPMENT (AHVP)
DEPARTMENT /
DIVISION:
AGRICULTURAL FINANCE & RURAL DEVELOPMENT
DEPARTMENT, AHFR / AGRICULTURE AND RURAL
FINANCE DIVISION (AHFR.1)
GRADE:
PL 2
REPORT LINE:
DIRECTOR, AGRICULTURAL FINANCE & RURAL
DEVELOPMENT DEPARTMENT (AHFR)
DUTY STATION:
ABIDJAN, COTE D’IVOIRE
INFORMATION ON THE
POSITION:
THIS POSITION IS CLASSIFIED INTERNATIONAL STATUS
AND ATTRACTS INTERNATIONAL TERMS AND
CONDITIONS OF EMPLOYMENT
SAP N°:
CLOSING DATE:
50092411
8 MAY 2017
THE BANK:
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 (High 5), all of which will accelerate our delivery
for Africa, have been identified for scaling up, namely; energy, agro-business, industrialization, integration
and improving the quality of life for the people of Africa. The Bank is seeking to build a management team
that will lead the successful implementation of this vision.
THE COMPLEX:
The Vice Presidency for ‘Agriculture, Human, and Social Development’ is a Sector Complex focusing on the
Bank’s Ten Year Strategy High 5s priority of “Feed Africa” and “Improve Quality of Life for the People of
Africa”. The complex objectives are (i) to develop, policy and strategy; (ii) provide deep sector expertise to the
Regions by gathering pools of experienced individuals who can be consulted to provide sector expertise on
complex transactions; (iii) develop new financing instruments; (iv) the Vice President will act as the
spokesperson to represent the Bank with external stakeholders on aspects of “Feed Africa” and Improve Quality
of Life for the People of Africa”.
THE HIRING DEPARTMENT:
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AFRICAN DEVELOPMENT BANK
INTERNAL VACANCY NOTICE No ADB/17/084
The Agriculture Finance and Rural Development Department works closely with the Agriculture and AgroIndustry Department and the Regional Directorates to provide support for the delivery of Feed Africa:
Strategy for Agricultural Transformation in Africa, 2016-2025. Of the “7 Enablers”, i)Increase productivity
by catalyzing the development of effective input distribution systems and reduction in post-harvest waste and
loss; ii)Realize the value of increased production by facilitating increased investment into output markets
and supporting market incentives for value addition; iii) Increase investment into enabling infrastructure,
both hard and soft infrastructure; iv) Create an enabling agribusiness environment with appropriate
policies and regulation; v) Catalyze capital flows (especially commercial lending and private investment)
to scale agribusinesses; vi) Ensure inclusivity, sustainability and effective nutrition beyond what the
market may deliver otherwise; and vii Coordinate activities to kick start transformation, align activities and
investments of different actors, and guide initial activities to the point where private sector actors can be
crowded in, the Agriculture Finance and Rural Development Department focuses on delivery of the following
Enablers:
 Increasing investment into enabling infrastructure, both hard and soft infrastructure;
 Catalysing capital flows (especially commercial lending and private investment) to scale
agribusinesses;
 Coordinating activities to kick start transformation, align activities and investments of different actors,
and guide initial activities to the point where private sector actors can be crowded in.
The core mandate of Agricultural Finance and Rural Development Department is to develop the strategy of the
Bank related to agricultural and rural finance and rural development, execute non-sovereign operations for
the transformation of value chains, represent the Bank with external stakeholders, provide sector expertise to
the regions by gathering experts who can be consulted by operations and closing the financing gap for private
sector-led development of agricultural value chains. The Department is to mobilize and deploy the required
expertise; and, provide support in the design and implementation of agricultural finance and rural
development operations for key commodity value chains. The Agricultural Finance and Rural Development
Department is structured into two Divisions: (i) Agriculture and Rural Finance Division; and (ii) Rural
Infrastructure Development Division.
The Agriculture and Rural Finance Division will be responsible for working with private and financial sector
to transform value chains, identifying opportunities for long-term investments to address food security and
boost economic growth in Africa. The division has the following deliverables:
 Non-sovereign operations targeting private sector companies, investment and impact funds,
 High-quality and innovative debt and equity investments for private and financial sector
development for value chain development and transformation
 Practical implementation arrangements with key implementing partners
 Knowledge management of agriculture, rural finance and best practices
 Enabling environment and alliances with key stakeholders
 Monitoring of performance and recommendations for corrective actions.
THE POSITION:
The Manager, Agriculture and Rural Finance Division reports to the Director, Agricultural Finance & Rural
Development. The main work objectives are focused on development and upgrading of 18 key priority value
chains articulated in the Feed Africa Strategy in targeted Agro Ecological Zones:
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INTERNAL VACANCY NOTICE No ADB/17/084
1. Lead support for an enabling environment for private and financial sector development for derisking investment and lending to the agricultural value chains and promoting digital financial
services;
2. Lead strategic partnerships with key private sector clients, financial institutions and commercial
banks to finance value chain stakeholders along the 18 key priority agricultural value chains;
3. Create and manage a strong portfolio of existing and potential clients, investors along key value chains
and achieve sustainable development impact;
4. Lead the Division to evaluate, structure, negotiate, and close debt and equity transactions; use strong
negotiation skills to develop solutions and overcome impasses in all transactions;
5. Lead the mobilization of resources and blended finance initiatives to close the financing gap for
private sector-led development of agricultural value chains;
6. Lead support and expertise to regional directorates for high-productivity agriculture and value
adding Micro, Small and Medium Enterprises in rural areas with a specific focus on women and
youth agri-enterprises;
7. Lead support and expertise to regional directorates for non-sovereign operations with solutions to
reach smallholder farmers, productive enterprises (particularly women and youth);
8. Monitor and report on the implementation of the financial instruments and their contribution to Feed
Africa and action plan.
KEY FUNCTIONS:
The Manager, Agriculture and Rural Finance Division under the oversight of the Director, Agricultural
Finance & Rural Development, is responsible for the following:
Technical Oversight and strategic Vision
 Develop and implement an action plan for Agriculture Finance for assigned periods, with innovative
new products to support private sector in Feed Africa value chains and mobilises new sources of
financing with solutions for smallholder farmers, agricultural micro small and medium enterprise,
women and youth;
 Set objectives, formulate policies, establish priorities, define and monitor the key performance
indicators of the Division;
 Provide strategic vision and technical oversight to scale up risk-sharing facilities (comprising loans
and guarantees and technical assistance) with the objective of catalyzing private investment and bank
lending in the sector (Innovative Financing and Risk Sharing);
 Execute investments in agriculture value chain financing through private sector companies and
investment / impact funds (agricultural finance and innovative financing);
 Build and maintain a strong pipeline of potential investee companies to initiate new debt and equity
investments, follow up on new business opportunities, and liaise extensively with potential clients on
the African continent and beyond;
 Solve challenges during negotiations and transaction structuring with potential investee companies as
well as due diligence;
 Support existing portfolio investments including strategic and value-add activities with portfolio
company management and co-investors;
 Develop and execute dedicated Agricultural Micro Small and Medium Enterprise financing through
investment funds and other non-banking financial institutions that offer equity and working capital
finance to Small and Medium Enterprises in agricultural value chains (Innovative Financing
mechanisms);
 Provide strategic vision and technical oversight to promote agricultural insurance markets, provide
technical assistance, and convene partners and governments (agricultural insurance/innovative
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financing);
Provide strategic vision and technical oversight to enhancing financial inclusion through outreach of
payments, savings and other services through financial digital services;
Provide strategic vision and technical oversight to mobilize funds to support financing of climate
adaptation and mitigation activities (Climate finance/Innovative finance);
Formulate alliance strategy with investors, including venture capital, private equity firms and strategic
investors with a particular focus on public private partnerships (at the country and continent level) to
engage stakeholders in alignment of sustainable socio-economic development goals;
Agree upon portfolio management arrangements for investments and technical assistance for
implementation upon consultation with concerned Regional /hubs, country offices;
Supervise budget preparation and follow its execution, and advise senior management on the
budgetary and financial impacts of the division’s operations;
Review all reports and papers prepared by the staff of the Division and give appropriate guidance;
People management & Leadership:
 Manage a team of professional level and support staff in providing efficient and high quality services
that support the business. Set realistic performance goals and motivate team members to meet them,
both for individual staff and for the team as whole;
 Manage team’s staffing and resources competently and responsibly to achieve the Division’s
objectives.
 Assess the training needs of staff in the Division, monitor and evaluate their performance, and
recommend personnel actions to the Director;
 Be a collaborative member of the department Management Team, contribute and share expertise and
input and foster a collegial environment.
 Understand the business needs and build strong relationship management to assist in developing
practical and effective solutions;
 Supervise complex project identification, preparation and appraisal for Bank Group financing and
verify quality of the projects;
Staff engagement:
 Lead People: Serve as a role model, leading by example, builds alignment and commitment. Is
courageous in challenging others to move the Bank forward;
 Promote collaboration and facilitate teamwork across teams and across organizational units;
 Maintain a high standard of professional integrity, treat individuals fairly and respectively and be
sensitive to differences across culture, nationalities and gender.
Corporate communication:
 Ensure effective communication between the Management and staff of the Bank, the authorities of
member countries, officials from other organizations;
 Monitor best practice in the Division and, as appropriate, liaise with counterparts in other
organization.
Performs other duties assigned by the Director, Agricultural Finance and Rural Development.
COMPETENCIES (skills, experience and knowledge):
1. Hold at least a Master’s degree or its equivalent in Finance or closely related disciplines.
2. Have a minimum of eight (8) years relevant professional experience in the area of investment banking,
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consulting or private equity/venture capital, five (5) of which should be in multilateral development
institutions; have three (3) years working on the topic in a managerial capacity in an international
bilateral/multilateral institution;
3. Sound experience with investments in developing markets, venture investing and emerging countries
including a satisfactory knowledge of their operational policies and procedures;
4. Proven leadership in matters relating to negotiating and structuring debt and equity transactions, technical
review of reports and consultation with other financiers, among others;
5. Knowledge of Africa and the rural development needs, opportunities, development challenges and
possible solutions;
6. Comprehensively understands projects structures, including project planning, risk management strategy,
communication management strategy, lessons learned and handover, and other critical success factors,
strategies, policies, procedures and practices of other similar institutions;
7. Acute knowledge and understanding of the elements essential for the effective delivery and measurement
of development impacts through projects and programs in Africa.
8. Ability to identify and create meaningful linkages across sectors to drive development impact at a country
and regional level;
9. Highly developed negotiation skills proven to yield positive outcomes with senior counterparts, both
internal and external;
10. Knowledgeable in the execution and structuring of debt and equity investments in the assigned sector
projects and programs.
11. Networking ability required to build successful relationships and partnerships with a broad range of
clients, internal and external, for effective delivery of results. Prudence and skill in identification of
such relationships and partners based on meeting the needs and long-term interests of clients within
and outside the institution.
12. Communicate and write effectively in French or English, with a good working knowledge of the other
language.
13. Competence in the use of standard Microsoft Office applications (Word, Excel, Access, PowerPoint);
knowledge of SAP is desirable.
Applicants who fully meet the Bank's requirements and are considered for further assessment will be contacted.
Applicants should submit a concise Curriculum Vitae (CV) and any additional documents that may be stated as required.
The President of the African Development Bank reserves the right to appoint a candidate at a lower level. The African
Development Bank is an equal opportunities employer. Female candidates are strongly encouraged to apply.
http://www.afdb.org
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