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Jobs at PTA BANK - TANZANIA - 4/22/2016


The Eastern and Southern African Trade & Development Bank (PTA Bank) is a multi- lateral development finance institution focused on trade, enterprise and infrastructure finance in eastern and southern Africa. The current shareholding comprises 19 African Member States and several non-African Member Countries and institutional investors, notably the African Development Bank (AfDB) and the People’s Republic of China.
In line with its Charter, the Bank wishes to fill one vacant Non-Executive Independent Director positions on the Bank’s Board of Directors with relevant qualifications and experience. The Bank has its headquarters in Bujumbura, Burundi and with regional offices in Nairobi, Harare and Mauritius.
The Independent Directors shall be expected to:
  • Actively participate in the deliberations and decision making of the Board of Directors, in line with the Bank’s policies, procedures and regulations;
  • Provide investment, financial, risk management and other expertise;
  • Fulfill a fiduciary duty to the Bank’s shareholders and advance good corporate governance;
  • Contribute to the functioning of the Board of Directors and healthy stakeholder and shareholder relations;
  • Serve for a term of 3 years.
Qualifications, Experience and Other Criteria:
Applicants should have:
  • Specialized skills and applied knowledge and experience in the areas of enterprise/project finance/investment;
  • Regional and international experience and knowledge of the economic and financing landscape of the countries of the region;
  • Experience in the management and governance of a financial/investment institution;
  • Furthermore, the prospective Independent Director should have a minimum of a Master’s Degree in a commercial science, such as business management, finance and accounting;
  • The Bank encourages applicants from Member States in good standing that are currently not represented on the Board of Directors, namely Tanzania, Burundi, Ethiopia and the Sudan;
  • The Bank also encourages female applicants in the interest of gender diversity;
  • Applicants with the following background will not be considered:
  1. a previous employment relationship with the Bank in the past three years;
  2. a previous directorship with the Bank in the past ten years; a current or recent (three years) employment relationship or directorship with a company directly or indirectly controlled by PTA Bank;
  3. a current or recent (three years) trading, agency or business relationship with the Bank;
  4. a close relative of any member of the Bank’s management and board, per the standards of the FATF Regulation;
  5. a conflict of interest with an entity that has a significant business, investment or funding relationship with the Bank.
Compensation:
PTA Bank shall offer competitive non-employment compensation to the Independent Directors that includes covering the costs of travel as well as sitting allowances and per diems for both Board and Committee meetings.
Applications:
Applicants are invited to send a cover letter illustrating their suitability against the listed qualifications and detailed curriculum vitae including national origin, date of birth, names and addresses of three referees and a recent passport size photo. Applicants should indicate the position applied for as the subject line of their email submissions. Only short-listed applicants meeting the above requirements will be contacted.
Applications should be sent by email directly to the following e-mail address on or before 22nd April, 2016:Linda.Bwakira@ptabank.org
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