Kenya Development Corporation Director General/Chief Executive Officer Jobs in Kenya

Kenya Development Corporation Director General/Chief Executive Officer Jobs in Kenya

Rationale:

This position is anchored in the Articles and Memorandum of Association of the Company. The Director General is the Chief Executive Officer (CEO) of KDC and is responsible to the Board of Directors with responsibilities for the implementation of the KDC’s strategic goals and the management of its resources.

The DG/CEO is responsible for giving leadership for the achievement of KDC’s strategic objectives and goals. He is also responsible for the day-to-day operations and administration of KDC.

Duties and Responsibilities;

The Director General is responsible for overseeing the following key functions:-

• Be the Accounting Officer in line with section 67 of the PFM Act 2012 (PFMA), and perform the functions of the Accounting officer in line with the PFM Act 2012 and PFM Regulations 2015;

• Be responsible for the day-to-day operations of the organization;

• To foster development and growth of industries with a special focus on sector-specific clusters;

• To promote, support and provide a wide range of relevant and market driven Business Development Support and Advisory Services including linkages to markets, raw materials and ICT knowledge;

• To offer, provide and support provision of accessible, affordable and sustainable credit and
financing; including medium term to long term corporate and SMI loans; Asset Finance;

Leasing and Factoring; and programs that support Financial Service Providers (FSPs) who
offer credit and financial services to SMIs;

• To provide medium & long-term finance and related financial and corporate Advisory Services
to medium and large-scale industrial enterprises through innovative business models like Equity investments, Private Equity (PE) and Venture Capital (VC), Joint Ventures (JVs) and Strategic Partnerships;

• To source, participate in and or provide Debt/Equity Financing, Working Capital Finance,
Equipment and Machinery finance; Leasing; and other specialized Debt/Equity Financing to enhance industrial development and access to industrial credit to local enterprises;

• To source, participate, and provide accessible and affordable project and development finance, and related management advisory services, to facilitate long-term investment in Priority Sectors of the economy and their Flagship Projects;

• To develop, provide and support Management and Advisory Services;

• To foster a business and investment climate conducive to industrial development and growth
of the country as a diversified services hub in collaboration with relevant national and country
government agencies;

• To advise the Government of Kenya on appropriate policies for development finance and related services,

• Prepare the annual budgets

and establish proper internal controls;

• Be responsible for the execution and communication of the Board’s strategies, decisions and policies;

• Develop and recommend to the Board the annual business plans for the organization;

• Ensure that the organization has an effective management structure, internal controls and
processes;

• Ensure that all Board papers are accurately written, are relevant and are availed to the Board
members in good time;

• Put in place effective administrative structures, processes and systems;

• Provide regular, thorough and prompt communication to the Board on key technical, financial and administrative matters,;

• Undertake the Accounting Officer’s role as provided for under the Public Procurement and
Asset Disposal Act (PPADA) 2015, and

• Be responsible for stakeholder management and the enhancement of the corporate image of
the organization.

Job Specifications:

Successful candidates MUST have the following minimum qualifications;

• A minimum period of fifteen (15) years’ relevant work experience, ten (10) years of which must
be in Senior Management,

• Bachelor’s degree in a relevant field from a recognized University,

• Master’s in a relevant field Degree from a recognized University,

• Professional qualification and membership to a professional body in good standing where
applicable,

• Leadership course lasting not less than four (4) weeks from a recognized institution,

• Have knowledge and a clear understanding of the DFI sector,

• Demonstrate a clear understanding of local, national and international banking and DFIs.

Qualified candidates will be required to satisfy or having initiated the process of complying with
the requirements of Chapter Six (6) of the Constitution of Kenya 2010;

• Certificate of Good conduct from Director of Criminal Investigation (DCI);

• Clearance certificate from Higher Education Loans Board (HELB);

• Tax Compliance Certificate from Kenya Revenue Authority (TCC);

• Clearance from Ethics and Anti-Corruption Authority (EACC); and

• Report from an approved Credit Reference Bureau (CRB).

How to Apply

For more information and job application details, see; Kenya Development Corporation Director General/Chief Executive Officer Jobs in Kenya

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