World Bank looking for new Africa regional head
The World Bank Group is looking for an experienced manager with fluent English and preferably also French and Portuguese to lead its regional Africa team.
The ideal candidate will have a wide network of relationships in the pan-African private and public sectors.
The regional head for Africa will be part of the bank’s Multilateral Investment Guarantee Agency (MIGA), which provides credit enhancement and investment insurance against non-commercial risks in developing countries.
MIGA is looking for a seasoned professional who combines technical expertise in political risk insurance and finance as well as management experience, along with a comprehensive understanding of Africa and the role of international development assistance in the region.
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MIGA’s Africa head will be responsible for originating new business opportunities for MIGA in Africa, as well as researching markets, conducting outreach to new clients, follow-up on projects that would be eligible for MIGA support, and provide overall quality assurance for work produced by the Africa region team.
The work of the Africa head involves frequent interaction and relationship management with senior management at the World Bank as well as top government officials in Africa and equivalent contacts in other international organisations, private sector companies and financial institutions that are clients or potential clients of MIGA.
The position will report to MIGA’s director for operations and work closely with MIGA’s hubs in Asia and Europe, particularly as regards inward investments into Africa.
The exact location of the role has not yet been determined, but the MIGA’s European, Middle East, and Africa Regional Office is based in Paris.
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Candidates should be able to show a “sustained record of achieving high-quality substantive results over an extended period – typically at least ten years; an MBA or Master’s degree in international business, finance, economics or related field, plus 10-15 years of directly relevant experience such as political risk underwriting, project finance, or corporate finance in emerging markets.”
They should also have “extensive knowledge of emerging markets finance and economic development.”
The role is open until 22 February.
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About Winnie Agbonlahor
Winnie is news editor of Global Government Forum. She previously reported for Civil Service World - the trade magazine for senior UK government officials. Originally from Germany, Winnie first came to the UK in 2006 to study a BA in Journalism & Russian at the University of Sheffield. She is bilingual in English and German, and, after spending an academic year abroad in Russia and reporting for the Moscow Times, Winnie also speaks Russian fluently.
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