INDEPENDENT NON-EXECUTIVE DIRECTOR

 

 

 

 

Our client, The Eastern and Southern African Trade & Development Bank (PTA Bank) is a multi-lateral development finance institution focused on trade, enterprise and infrastructure finance in eastern and southern Africa. The current shareholding comprises 18 African Member States and several non-African member countries and institutional investors, notably the African Development Bank (AFDB) and the People's Republic of China. The Bank has its headquarters in Bujumbura, Burundi and with regional offices in Nairobi, Harare and Port Louis.

In line with its Charter, the Bank is seeking to fill two (2) vacant Independent Non-Executive Director positions on the PTA Bank's Board of Directors on a term of 3 years.

Specific responsibilities will include:

• Actively participate in the deliberations and decision making of the Board of Directors, in line with the Bank's policies, procedures and regulations;
• Provide investment, financial, risk management and other expertise;
• Fulfill a fiduciary duty to the Bank's shareholders and advance good corporate governance; and
• Contribute to the functioning of the Board of Directors and healthy stakeholder and shareholder relations.

Key qualifications, knowledge and experience required:

• Master's degree in Business Administration, Accounting, Banking, Finance, Economics or related fields;
• Experience in the management and governance of a financial / investment institution;
• Regional and international experience and knowledge of the economic and financing landscape of the countries of the region; and
• Specialized skills and applied knowledge and experience in the areas of enterprise / project finance / investment.
  Applicants with the following background will not be considered:
  • Previous employment relationship with the Bank in the past three (3) years;
  • Current or recent (three years) employment relationship or directorship with a company directly or indirectly controlled by PTA Bank;
  • Current or recent (three years) trading, agency or business relationship with the Bank;
  • Close relative of any member of the Bank's management and board, per the standards of the FATF Regulation; and
  • Conflict of interest with an entity that has a significant business, investment or funding relationship with the Bank.
  The Board of Directors meets at a minimum four times a year, either at Bank's Headquarters, Regional Offices or Member State/Country. The meetings typically are for two working days: one day for Board Committees and one day for the Board of Directors Meeting.
  PTA Bank shall offer competitive non-employment compensation to the Independent Directors that includes covering the costs of travel as well as sitting allowances and per diems for both Board and Committee meetings. If you believe you can clearly demonstrate your abilities to meet the relevant criteria for this role, please submit your application with a detailed CV, stating your national origin, date of birth, names and addresses of three referees, recent passport size photo, current position, current remuneration, e-mail and telephone contacts. Applicants should quote the reference number (Ref.: IBD / 04-14) on your application letter. Only short-listed applicants meeting the above requirements will be contacted.
  Applicants from Member States in good standing that are currently not represented on the Board of Directors, namely Burundi, Ethiopia, Mauritius, the Sudan and Tanzania are invited to apply. Female candidates are encouraged to apply.
  To be considered, your application must be received by 31 May, 2014 addressed to:
  The Director
  Executive Selection Division
  Deloitte Consulting Limited
  Email: esd@deloitte.co.ke
  Nairobi, Kenya
  
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