President & Chief Executive Officer

About AFC
Africa Finance Corporation (AFC) is an African-led international finance institution established in 2007 to bridge Africa’s infrastructure investment gap through the provision of debt and equity finance, project development, and technical and financial advisory services. AFC has invested over USD4.5billion in infrastructure projects in 28 countries across Africa, with a particular focus on power, transport, telecommunications, heavy industries and natural resources (oil, gas and mining).

17 African entities have signed AFC’s charter - Benin, Cape Verde, Chad, Côte d'Ivoire, Djibouti, Gabon, Gambia, Ghana, Guinea, Guinea Bissau, Kenya, Liberia, Nigeria, Rwanda, Sierra Leone, Uganda and Zambia. AFC’s shareholders include the Central Bank of Nigeria, African financial institutions and other industrial investors.

The Role
In anticipation of the end of the current CEO’s second mandate in 2018, AFC is looking to recruit and appoint, for a period of 5 years (renewable), a new CEO. This individual who will be based in Lagos, Nigeria, will oversee and supervise all strategic and business aspects of the institution. This CEO will have responsibility for the day-to-day leadership, strategy, operational management, and growth of the AFC and will guide the organisation as it moves into the next phase of its development. The new CEO will bring a compelling vision, a deep understanding of infrastructure development and will be a highly credible leader who has had visible responsibility roles throughout her/his career in Africa. The CEO must possess excellent diplomatic and leadership skills, a natural capacity for investment & fundraising and a proven capability to manage stakeholders. The CEO will work closely with the Board of Directors to develop and execute on strategies to achieve AFC's mission and goals.

The Person
Only African candidates will be considered and women are strongly encouraged to apply.
Candidates should have the professional experience and standing to command the respect and trust of members of the business and governmental community and will have:
  • At least 15 years relevant experience
  • Experience in complex infrastructure and project financing
  • Experience in originating, executing and managing equity, loans, mezzanine and guarantee transactions
  • Experience in other aspects of managing a [world class] financial institution like asset and liability management, risk management and environmental and social management
  • Experience in emerging market financing and investments in Africa
  • Strong analytical and communication skills
The successful candidate will be offered an internationally competitive compensation package.

The Process
The AFC has retained the services of global executive search advisor Egon Zehnder to assist in this search. Applicants are requested to send a detailed CV, cover letter, and references to
Applications that meet the criteria must arrive by email no later than midnight on December 31st 2017. Only suitable candidates will be contacted by Egon Zehnder for further interviews and referencing. Should you not receive any correspondence by January 31st, 2018, please consider your application unsuccessful.