Executive Job Advertisement

Baker Tilly Liberia, Ltd. on behalf of a leading client, the Liberian Bank for Development and Investment (LBDI), is looking to recruit a qualified Liberian to be the next President/Chief Executive Officer (CEO).

The President and Chief Executive Officer (the “CEO”) is the head of the Executive Management Team of the Liberian Bank for Development and Investment (LBDI). He/She is appointed by the Board of Directors consistent with Section 64.31 of the Bank’s Charter and the Prudential Regulations of the Central Bank. He/She shall serve as the Chairman of the Executive Committee of the Board consistent with the relevant provisions of the Bank’s Charter and By-Laws.

Duties and Responsibilities

1. The President/CEO will be responsible for: provision of strategic leadership, general supervision, management and administration of the vision, direction and operations the Bank;

1. He/She shall, on a day-to-day basis, be the Chief Marketing Officer and Ambassador of the Institution and shall act in accordance with the plans and policies approved by the Board;

1. He/She shall be the principal contact and chief representative of the Bank to promote the policies and articulate the interest of the Bank to all stakeholders, including the Government of Liberia and multilateral institutions;

1. He/She shall administer the affairs of the Bank within the parameters established by the Board of Directors and the Bank’s Act;

1. He/She shall serve as principal signatory for the commitment and authorization funds against capital and operating plans consistent with the guidelines set up in Bank’s Charter and By-Laws as well as other enabling legislations and regulations as may be applicable;

1. Under the supervision of the Board of Directors, he/she shall have the power to commit resources, enter into agreements, contracts, leases, etc. in the ordinary course of business, in order pursue the approved plans, and objectives of the Bank as provided for. However, that major commitments, exposures and risks shall be reported to the Board on a regular and timely basis consistent with regulations applicable;

1. He/She shall identify the principals risks of the Bank’s business and implement appropriate systems to manage those risks;

1. He/She shall lead the review of the Bank’s performance strategy including identification of targets and goals as well as compensations for senior management in consultation with the Board of Directors;

1. He/She shall establish effective control and co-ordination mechanisms for all operations and activities, ensure the integrity of the internal control and management systems;

1. He/She shall manage the required interfaces between the Bank and the industry, Government and stakeholders and shall be the principal spokesperson for the Bank at all times;

1. He/She shall ensure the safe and efficient operation of the Bank in conformity with and in accordance with laws, regulations of the Institution, the Central Bank of Liberia (CBL) and all other institutional codes, conflict of Interest Guidelines, sound business practice and in accordance with the policies and practices approved by the Board of Directors;

1. He/She shall foster a corporate culture that promotes ethical practices and encourages individual integrity and social responsibility; and

1. Perform all other functions and duties as may be conferred or imposed from time to time by the Board of Directors of the Bank. .

Education and Experience:

• A Masters Degree in Banking, Finance and Management, Economics or any Business Management Field minimum;
• A minimum of 15 years of work experience in the Banking industry, at least 10 of those years must be in the Liberian Banking Industry;
• Must be fluent in English; knowledge in French is an added advantage;
• Must have experience in working with or understanding the requirements of multilateral financial institutions and knowledgeable of Financial Institutions monitoring framework;
• Must have proven senior level management experience at a financial institution in Liberia or beyond;
• Must have experience in banking operations, credit appraisals, compliance, procurement and general administration; and
• Must have knowledge of computer software application/appreciation;
• Applicants should not be more than age 55.

All interested candidates are required to submit their applications along with CVs and copies of academic and professional credentials via email: info@bakertillyliberia.com within the set timeframe. Kindly note that only Short-listed candidates will be contacted; and will be subject to a rigorous vetting process.