EXECUTIVE DIRECTOR & CHIEF INVESTMENT OFFICER

Africa Finance Corporation | Banque-Finance-Assurance

EXECUTIVE DIRECTOR & CHIEF INVESTMENT OFFICER

AFRICA FINANCE CORPORATION

Africa Finance Corporation (“AFC” or the “Corporation”) is Africa’s investment grade multilateral finance institution established in 2007 to be Africa’s leading infrastructure solutions provider. AFC provides project development, and technical solutions, debt, equity, and financial advisory services. To date, AFC has invested over USD6.6 billion in infrastructure projects in 30 countries across Africa, focusing on energy, transport & logistics, natural resources, heavy industries and telecommunications.

AFC’s unique feature as a multilateral organization is its delineation between membership and shareholding structure. Whilst the Corporation allows for private sector ownership, only sovereign states can be both members and shareholders. The Corporation currently has 26 institutional shareholders, with private sector investors accounting for ~54.7% of AFC’s capital. The Central Bank of Nigeria is the largest shareholder with 44.8% as well as other notable shareholders such as the African Development Bank, the Ghana Infrastructure Fund and the African Reinsurance Corporation.

The Corporation is looking to recruit and appoint a new Chief Investment Offi cer for a period of 3 years, renewable for up to 9 years. This executive will be based in Lagos, Nigeria, to lead and oversee the origination, development, and execution of the infrastructure asset class investment strategies and plans across all of AFC’s sectors.

The CIO will have the responsibility to drive the corporate and project finance deployment of AFC’s investment products – debt, equity, mezzanine, project and structured finance to maximise the potential of AFC’s investments and further strengthen the Corporation’s credit rating. This CIO will bring a compelling vision, a deep understanding of infrastructure development and will be a highly credible leader who has had visible leadership roles throughout her/his career internationally and specifically in Africa. The CIO must possess excellent diplomatic and leadership skills, a natural ability for investment, fundraising, asset management and a proven capability to manage multiple stakeholders; institutional, sovereign, capital markets, regulatory, media and civil society. The CIO will work closely with the CEO, the Executive team and the Board of Directors to develop and execute on strategies to achieve AFC’s mission and goals.

Women are strongly encouraged to apply.

Candidates should have the professional experience and standing to command the respect and trust of business and government and will have:

• At least 25 years relevant experience;

• Experience in complex infrastructure, project and corporate fi nancing;

• Experience in originating, executing and managing equity, loan, mezzanine, exotics and guarantee transactions;

• Experience in other aspects of managing a world class fi nancial institution including; negotiation, governance, asset and liability management, climate finance, risk management, environmental and social management;

• Experience in emerging/frontier market fi nancing and investments in Africa;

• Strong analytical, communication and presentation skills.

The successful candidate will be offered an internationally competitive compensation package.

AFC has retained the services of Egon Zehnder for this search. Applicants are requested to send a detailed CV, cover letter, and references to AFC@egonzehnder.com

Applications must arrive by email no later than midnight on January 25th 2020. Egon Zehnder will only enter into further correspondence with shortlisted applicants.