Our client, Industrial and Commercial Development Corporation (ICDC), is a state corporation which was established under the ICDC Act (Cap 445) 1955 of the laws of Kenya. The Corporation’s mandate is to facilitate the industrial and economic development of Kenya through equity, loans and customised financial products. Since inception, ICDC in partnership with both local and foreign investors has played a leading role as a provider of investment capital and other support to business enterprises in the country.
The Corporation’s vision is ‘to be a world class development finance institution (DFI) ’. The Corporation will play a key role in development of indigenous business in line with the aspirations of the National Vision 2030. The Corporation seeks to appoint a visionary Chief Executive Officer (CEO) to provide the stewardship required to deliver the mandate, and challenges of Vision 2030.
The CEO will report to the Board of Directors and be responsible for:
• Providing leadership in the development, execution and achievement of Corporations strategic plans;
• Identifying new markets and opportunities for business expansion;
• Overseeing the development of innovative products for new and existing clients;
• Ensuring timely preparation of annual business plans and operating budgets;
• Ensuring prudent financial management and due care of the Corporations assets and liabilities;
• Ensuring implementation of appropriate human resources policies and practices to ensure ICDC remains an employer of choice;
• Building effective relationships with the Board, the Government, regulators, investors and other stakeholders; and
• Enforcing a culture of regulatory compliance, good corporate governance and adherence to government guidelines.
Key Qualifications:
• A minimum of a Masters degree that includes training in core areas of Business, Economics, Finance, Strategic Management or related field from a recognized institution.
• CPA-K / ACCA / AKIB or its equivalent will be an added advantage;
• At least 10 years of relevant experience in top management;
• General knowledge of Kenyan investment climate and opportunities, including knowledge of the operations of capital and financial markets in general, and venture capital in particular;
• Must have established a proven track record and reputation for outstanding performance;
• Be of impeccable integrity and honesty; and
• Not older than 53 years of age.
If you meet the above criteria and can deliver the expected results, please submit your application along with a detailed CV, stating your current position, current remuneration level, 3 professional referees, e-mail address and telephone contacts quoting the reference number ICDC/CEO/11.09 to reach us on or before 1st December 2009 addressed to:
The Director
Executive Selection Division
Deloitte Consulting Limited
“Kirungii”, Ring Road, Westlands
P O Box 40092 00100
Nairobi, KENYA
E-mail: esd@deloitte.co.ke
Tel: +254 20 423 0000
Fax: +254 20 444 8966
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu and its Member Firms. Industrial and Commercial Development Corporation (ICDC)
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Friday, November 13, 2009
Chief Executive Officer (CEO)
