Making change in a large multilateral organization in Africa

BrandVoice Partner | Paid Program
Published 1 month ago
Afreximbank Landscape Image – Forbes Africa – (1200×628 px)

Read on if you want to work as an Executive Vice President at Global Trade Bank, a division of Afreximbank managing a large and diverse portfolio and boosting Africa’s trade with the world.

African Export Import Bank (the bank) was established in October 1993 by a treaty signed and ratified by African Governments. Its shareholders are African Governments and/or their Central Banks financial institutions and private investors.

Established as a multilateral organisation, its purpose is the financing, promotion, facilitation and expansion of intra-African and extra-African trade. With headquarters in Cairo, Egypt, the Bank has branch offices in Abidjan, Abuja, Harare, Kampala, and Yaoundé.

In recent years, the bank has experienced considerable growth. To build on this success, it is now implementing its 6th Strategic Plan covering the period 2022 – 2026.

The plan is based on four Strategic Pillars namely: Intra-African Trade & AfCFTA Implementation; Industrialisation & Export Development; Leadership in Global Trade Banking in Africa; and Financial Sustainability. One of these Strategic Pillars is being established as a division within the bank, known as the Global Trade Bank (“GTBA”).

And now, the bank has engaged the Willis Partnership to assist them with the recruitment of an Executive Vice President to provide leadership and strategic direction for the Global Trade Bank.

What would a candidate be doing in this role?

Based in Cairo, Egypt and reporting to the President & Chairman of the Board of Directors, the Executive Vice President, GTBA Bank (EVP GTBA Bank) is a member of the bank’s Executive Management Forum (EXMAF) and is responsible for leading and developing a team of high-achieving professionals to manage a large and diverse portfolio of about $10 billion per year across Africa.

They will be expected to develop and implement strategies to boost Africa’s trade with the world including access to trade finance across the full spectrum of products and services. These include short-term products, such as import and export finance and other specialised trade finance facilities, including structured trade finance, forfaiting, factoring & supply chain finance, commodities finance, advisory, derivatives, trade services, letters of credit, and guarantees & correspondent banking. The EVP GTBA will also supervise syndications and overall asset distribution.

The EVP GTBA will spearhead the development of deep industrial knowledge in target sectors and lead the sourcing of new transaction opportunities through a broad professional network. The position is responsible for managing the entire value chain related to global trade banking including origination, due diligence, structuring/negotiating, and the closing of new transactions as well as managing all associated risks.

The EVP GTBA serves as the leader of the Global Trade Bank and as the liaison between the President and the Board of Directors, other Afreximbank business units and group support functions, investors, and other relevant stakeholders. They are expected to contribute to thought leadership and to foster a healthy workplace culture based on Afreximbank’s core values, to support professional development, staff well-being, as well as the transformation of the African continent.

What does someone need to work at Afreximbank as an Executive Vice President?

Eligible candidates for this role must be able to demonstrate they are a national of an African country (including dual citizens), have a relevant undergraduate degree and a postgraduate or professional qualification, as well as a minimum of 15 years’ relevant experience in financial and investment services – with a demonstrable track record in the banking industry at senior management level.

The candidate must also have substantial experience of leading and managing trade-related banking, coupled with strong current knowledge of the African trade environment and key trade sectors, along with strong business acumen, maturity and tact gained within multicultural environments, with experience of building successful relationships at the highest levels in government and the private sector.

Additionally, they must possess excellent communication, business presentation, and analytical skills, as well as proven stakeholder management experience coupled with strong decision-making and problem-solving skills.

Candidates can apply with a full curriculum vitae to a retained consultant Robert Baldwain, at: [email protected], quoting reference DGLTR/22.

Applications sent directly to the Bank will not be considered. The closing date for applications to be received is 31st January 2023.

DISCLAIMER: Brand Voice is a paid program. Articles appearing in this section have been commercially supported.