Are you an individual with a difference and looking for a challenging, award -winning work environment?
Then our client is looking for you to head the soon to be established Agribusiness Initiative Trust management team in Uganda.
The Agribusiness Initiative (aBi) is a component of the U-Growth programme which was initiated by The Royal Danish Embassy in 2007.
The Agribusiness Initiative (aBi) Trust will be a fully capitalized, professionally staffed, registered institution, based in Kampala (Uganda).
The Trust will support the government of Uganda and the private sector in achieving the objectives of the Competitive and Investment Climate Strategy and thereby contribute to poverty reduction through economic growth, wealth and employment creation including for youth and women.
The development objective of aBi will be to build a self-sustaining export led economy in which the benefits of growth are shared by all Ugandans and the immediate objective will be to strengthen the competitiveness of Uganda's 17 agricultural and agro-processing sectors.
In order to achieve its development objective, aBi will have three sub-components each with its own immediate objective.
The sub components are:
Then our client is looking for you to head the soon to be established Agribusiness Initiative Trust management team in Uganda.
The Agribusiness Initiative (aBi) is a component of the U-Growth programme which was initiated by The Royal Danish Embassy in 2007.
The Agribusiness Initiative (aBi) Trust will be a fully capitalized, professionally staffed, registered institution, based in Kampala (Uganda).
The Trust will support the government of Uganda and the private sector in achieving the objectives of the Competitive and Investment Climate Strategy and thereby contribute to poverty reduction through economic growth, wealth and employment creation including for youth and women.
The development objective of aBi will be to build a self-sustaining export led economy in which the benefits of growth are shared by all Ugandans and the immediate objective will be to strengthen the competitiveness of Uganda's 17 agricultural and agro-processing sectors.
In order to achieve its development objective, aBi will have three sub-components each with its own immediate objective.
The sub components are:
- Value chain Development,
- Expansion of financial services supporting agribusiness and T
- rade-related Sanitary and Phytosanitary Measures and quality management systems.
The aBi Trust will have a mission to:
- Invest in financial institutions that engage in the financing of agribusiness;
- Guarantee credit to agribusinesses and agribusiness financiers on a fee basis, informed always by sound due diligence;
- Deliver business development services to agribusinesses and. agribusiness financiers;
- Provide leadership and technical assistance to the development of Uganda's key agricultural value chains, from input supply, through production, processing and export (including standards); and
- Ultimately provide the above services on a basis that covers the operating and financial expenses of the aBi Trust.
For the first four years, the aBi will be funded jointly by the governments of Denmark, Sweden, Belgium and the EC and will be based on a joint partnership with Denmark as the lead partner.
The proposed joint funding will be to , a tune of EUR 42.1 million.
A Technical Assistance team will support the aBi Trust management and staff to establish and develop the institution.
The aBi Trust is expected to develop and function as a professionally managed business which will transition into a permanent, unassisted, institution servicing agribusiness.
The Trust is expected to generate income and to attract new investment, sufficient to sustain and grow its operations.
The aBi Trust will operate within the frame of a registered Trust Deed.
The Founders of the aBi Trust are the Government of Uganda and the Government of Denmark, with Denmark providing the Trust's initial capital endowment, inclusive of capital for the provision of portfolio guarantees, lines of credit and other facilities to commercial banks and other financial institutions.
The Founders will appoint a Board of Trustees (BoT) who will have the overall responsibility for directing the development of the Trust and the management of its assets and the operations, including the recruitment of a management team.
The Founders will direct and supervise the Trust until the BoT are onboard and functional.
In order to deliver the mandate of the aBi Trust, the Founders seek to recruit a competent, professional, business oriented Managing Director.
The Managing Director (MD) will be responsible to the aBi Trust's Founders until the Board of Trustees is onboard and functional.
The MD will effectively be the Chief Executive of the Trust, with strategic and day-to-day management requirements that such a role implies.
The successful candidate's responsibility will include, but will not be limited to the following;
The proposed joint funding will be to , a tune of EUR 42.1 million.
A Technical Assistance team will support the aBi Trust management and staff to establish and develop the institution.
The aBi Trust is expected to develop and function as a professionally managed business which will transition into a permanent, unassisted, institution servicing agribusiness.
The Trust is expected to generate income and to attract new investment, sufficient to sustain and grow its operations.
The aBi Trust will operate within the frame of a registered Trust Deed.
The Founders of the aBi Trust are the Government of Uganda and the Government of Denmark, with Denmark providing the Trust's initial capital endowment, inclusive of capital for the provision of portfolio guarantees, lines of credit and other facilities to commercial banks and other financial institutions.
The Founders will appoint a Board of Trustees (BoT) who will have the overall responsibility for directing the development of the Trust and the management of its assets and the operations, including the recruitment of a management team.
The Founders will direct and supervise the Trust until the BoT are onboard and functional.
In order to deliver the mandate of the aBi Trust, the Founders seek to recruit a competent, professional, business oriented Managing Director.
The Managing Director (MD) will be responsible to the aBi Trust's Founders until the Board of Trustees is onboard and functional.
The MD will effectively be the Chief Executive of the Trust, with strategic and day-to-day management requirements that such a role implies.
The successful candidate's responsibility will include, but will not be limited to the following;
- Act as the Secretary to the Founders Committee and the Board of Trustees. Included in this role are:
- the preparation and presentation of key operational data,
- orientation to the directors on opportunities and problems, and
- any other tasks that might be assigned.
- Strategic planning and management to advance the aBi Trust's mission, vision and objectives and to promote revenue, profitability and growth as an organization. The aBi Trust will have a five-year provisional business plan as well as a work plan for one-year when the MD is recruited but the MD will be responsible for revising this as appropriate.
- Manage the Trust's assets and operations to ensure efficiency, quality of service to partners, and cost-effective management of resources.
- Make appropriate revisions to existing policies or develop new policies to maintain a well documented and easily understood operational context for the Trust's smooth functioning.
- Provide technical and strategic leadership in driving the use of agricultural loan guarantees and other financial instruments to increase financial sector involvement in agricultural lending in Uganda and to strengthen the competitiveness of Uganda's agricultural, agro-processing and export sectors.
- Consistent with this role, prepare and appraise complementary investments to be supported by the Trust.
- Develop and maintain a strong, ethical, organisational reputation in the Ugandan market, where the Trust is clearly positioned as a leader in delivering support to agribusiness. Inclusive in this will be the responsibility to direct and manage the communications activities required to inform markets, partners and key-stakeholders of the Trust's activities, experiences and recommendations for development.
- Take responsibility for the Trust's human resources including recruitment, staff development and performance management. Staff reporting directly to the MD will include: the Finance and Administration Manager, the Trust's Operations and M&E Manager, the Financial Services Manager and the Value Chain Development Manager.
- Direct the Technical Assistance Team and external consultant inputs, with a view to developing the Trust's capacity to operate without external technical assistance and consultants by the time the initial four year donor partner financing ends.
- Decisive responsiveness to all opportunities or challenges encountered by the Trust.
Qualifications and experience:
- Minimum of 15 years progressive management experience, most recently as the head of a substantial institution engaged in financing and otherwise supporting SME agribusiness development;
- Graduate degree in business, finance, agribusiness or other relevant discipline;
- Direct experience in Africa-based agricultural/rural development; High levels of skill in: Business planning and execution;
- Leadership for results, optimizing the work of multi-disciplinary teams of high calibre individuals;
- investment portfolio management and monitoring;
- Appraisal of enterprise business plans;
- Development of agribusiness Micro, Small and Medium sized Enterprises services;
- Development of agribusiness financing strategies; and
- Communications and relationship management with the business sector entities, government and development partners and agencies.
The successful candidate will negotiate compensation with the Founders' Committee and Board of Trustees.
Compensation will be a combination of salary and performance based payments relating to the overall achievements and well-being of the aBi Trust as well as the capacity of the MD to develop the strong relationships necessary to sustain the aBi Trust's operations.
If your career aspirations match this exciting opportunity, please forward your curriculum vitae giving details of your qualifications, experience, present position, current remuneration, e-mail address and daytime telephone contact including names and addresses-of three referees on or before 12 February 2010 to the following address:
Executive Selection Division
KPMG
3rd Floor Rwenzori Courts
Plot 2 & 4A, Nakasero Road
P.O Box 3509
Kampala, Uganda
Email: esd @ kpmg.co.ug
