Summary
Date Posted: Monday, August 22, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Development Bank of Zambia (DBZ) is a Development Finance Institution (DFI), controlled by the Government of the Republic of Zambia. DBZ is mandated to promote economic growth through investments in the form of short, medium and long-term loans and provide technical services with the overarching purpose of promoting economic development in Zambia.
Reporting to the Board of Directors, the Managing Director will be on a fixed term three year performance based contract. S(he) will be responsible for providing strategic direction, ensuring growth of the Bank and executing the mandate in accordance with the Development Bank of Zambia Act, Chapter 363 of the Laws of Zambia. Specifically, the Managing Director will be responsible for day to day operations of the Bank in accordance with the laid down policies and must be conversant with the statutory mandate of the Bank, inherent risks exposed to DBZ and ensuring effective internal controls.

Key Roles and Responsibilities
• Leading the development and execution of short and long-term business strategies to ensure long term viability, sustainability and growth in shareholder value;
• Overseeing the financial performance of the Bank ensuring sustainability and shareholder value through prudent investment practices and management of capital earnings:
• Repositioning of the brand and developing an internal culture that is focussed on the customer as a sustainable source of competitive advantage. Driving modernisation and the roll out of innovations that add value for the customer,
• Positioning the Bank to monitor changes in the business and regulatory environments
• Establishing and maintaining effective working relationships with key stakeholders such as the Minister of Finance, Funders, national and international DFIs and other strategic partners; and
• Ensuring the establishment of a strong and independent risk, compliance and governance framework across the Bank.

Key Requirements
• A Post Graduate Degree in Business, Finance, Accounting, Economics or any relevant field;
• Member of relevant professional body,
• A minimum of 15 years relevant experience in a medium / large enterprise, in either banking or large development institutions that manage finance and/or State-Owned Enterprises
• In-depth understanding of banking and related risks and strategies to mitigate and manage risks in the banking environment;
• Understanding of the development needs of Zambia and ability to mobilise the private sector
• Ability to transform the organisational culture to high performance and experience in leading an executive committee
• Proven track record in transforming organisations and managing high value developmental funding projects
• Excellent business acumen; andGo to
• Excellent interpersonal and communication skills; and stakeholder management

Work Hours: 8

Experience in Months: 180

Level of Education: Bachelor Degree

Job application procedure
If you believe you meet the requirements for the role, please send your application including CV and certificates by 30 August 2022 to zm-fmcareerinquiry@kpmg.com.  Only shortlisted candidates will be acknowledged.



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