Under the authority of the Board of Directors, the role of the Independent Director is to ensure that the interests of shareholders and interested third parties are protected independently.
Main duties and responsibilities
- Chair the Audit Committee in the performance of its supervisory and control duties;
- Chair the Guarantee Committee and ensure that the Fund’s guarantee policy is constantly in line with the requirements of prudential regulations and the financial markets within its sphere of activity;
- Assist the Governance and Remuneration Committee in the effective implementation and dissemination of the Fund’s best governance practices.
Profile required
- Have a BAC + 5 degree in one of the following areas: Banking, Economics, Finance, Business Administration, Management, Business Law, Statistics, Planning, Project Management or equivalent;
- At least twelve (12) years post-qualification or comparable experience in an international or reputable audit or financial firm;
- Ten (10) years’ experience or comparable experience as Administrator in charge of finance, compliance and audit on the Board of Directors of a renowned international institution;
- Sound knowledge of strategic management, IT and ICT;
- Fluency in French (spoken and written) and good knowledge of English and/or Portuguese (an asset);
- Be a national of one of the fourteen (14) FAGACE member states;
- Not have been an external auditor of FAGACE, nor its partner or employee for the last three (03) years;
- Have no material relationship with the Fund and have not been an employee or officer of the Fund;
- Not represent any shareholder or group of shareholders, and not have any family ties with the Fund’s senior management or the close family of a member of management;
- Be of good character and not have been charged with fraud or dishonesty or convicted of a criminal offence or declared bankrupt or disqualified from acting as a Director;
- Not be an Executive Director, nor hold a position as a member of the Management Committee, nor have held one of these positions during the ten (10) years preceding his or her appointment;
- Not to have served on the Board of Directors as a non-executive Director for more than three (03) successive terms, up to a maximum of twelve (12) years;
- Not to have been a member of the management staff or of an entity in a business relationship with FAGACE for a period of less than ten (10) years prior to his or her appointment;
- Not represent the interests of any of the Fund’s shareholders;
- Not have, or have had in the ten (10) years prior to his or her appointment, a significant business relationship with FAGACE, either directly or indirectly through an intermediary;
- Not to have any relationship with other Directors of the Fund by virtue of their functions in other entities or bodies;
- Not to have any affiliation up to and including the second degree with any Director or member of the Management Board exercising functions within FAGACE.
Job location : Cotonou (Benin)
To apply: Interested candidates are invited to send their CV, covering letter written in French, dated and signed, certified copies of diplomas from the BAC and qualifications, contact details of various employers, a certified copy of their national identity document, a sworn statement that they have no dealings with FAGACE, and an extract from their criminal record less than three months old to infotg@africsearch.com, quoting the position to be filled. For further information, please contact +228 22 20 21 04/22 21 37 36. Deadline for applications: Monday 08 November 2021 at 18:00 UT.
N.B.: Only shortlisted candidates will be contacted by telephone or e-mail.
