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Garbage truck slams into 2 parked cars on All Saints Road
The driver of a garbage truck escaped with minor injuries following a nasty smash-up on All Saints Road this afternoon. The driver of a garbage truck lost control of his vehicle in the vicinity of Special Security Services. The brakes on the truck allegedly failed near the junction of All Saints and De Souza Road.…
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$27M debt puts Social Security Board in a bind
The Social Security Board has made a request to Cabinet for $15 million to meet the amounts required in December 2018 and January 2019. The board’s Chairman, its Director, and the Accountant, were invited to Cabinet on Wednesday to address the projected shortfall in revenue which will affect recipients in the current month and in…
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Youths rewarded for participation in the FCCA essay competition
Jonathan Mansoor of the St. Anthony’s Secondary School and Damar Branker of the Pigotts Primay School were Antigua and Barbuda’s national finalists in the Florida-Caribbean Cruise Association (FCCA) Foundation 2018 Children’s Essay Contest in the senior and junior divisions, respectively. The announcement was made by Minister of Tourism and Investment, Charles Fernandez at a brief…
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TSTT sends home more workers
The Telecommunications Services of Trinidad and Tobago (TSTT) Wednesday announced the dismissal of 51 of its employees as the head of the Communications Workers Union (CWU) Clyde Elder said he was physically removed from the company’s headquarters by force. In a statement, TSTT said that it had completed its “staff rationalization exercise” with the non–unionized…
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Ex-Trump lawyer Michael Cohen jailed for 36 months
Michael Cohen, the former lawyer to Donald Trump who once said he’d take a bullet for the president, has been given a 36-month prison sentence. He is the first member of Mr Trump’s inner circle to be jailed over the special counsel’s inquiry into alleged Russian meddling in the 2016 election. He has pleaded guilty…
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Astaphan calls arguments challenging amendments to the Barbuda Land Act ‘astonishing’
The lawyer representing the government in the case challenging amendments to the Barbuda Land Act has described the arguments put forward by the Barbudans as astonishing. Three Barbudans, Trevor Walker, Wayde Burton and Mackenzie Frank are the men behind the action filed with the Eastern Caribbean Supreme Court in October. It challenges two pieces of legislation passed by…
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Theresa May to face vote of no confidence from Tory MPs
UK Prime Minister Theresa May faces a vote of confidence in her leadership later after 48 of her Conservative MPs called for one to be held. But a defiant Mrs May vowed to contest the vote “with everything I have got”. She warned that a new prime minister would be faced with the choice of…
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Do away with heavy travel taxes, Grenada PM tells neighbours
Grenada’s Prime Minister Dr. Keith Mitchell has called on Caribbean countries to make sincere efforts to encourage easier intra-regional travel and do away with the heavy taxes that discourage free movement of the region’s population. “We have to have more transport, sea and air transport. But if we have it and it is too costly,…
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Team Antigua Island Girls embark on history-making journey
A team of four women have embarked on their history-making row across the Atlantic in the Atlantic Rowing Race. At 10:45 am (GMT) today, Team Antigua Island Girls began their 3,000 mile race which will take them from La Gomera in the Canary Islands to Nelson’s Dockyard in English Harbour in Antigua. Team Antigua Island…
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Russia sends two nuclear-capable bombers to Venezuela
Two Russian nuclear-capable strategic bombers arrived in Venezuela on Monday, a deployment that comes amid soaring Russia-U.S. tensions. Russia’s Defense Ministry said a pair of Tu-160 bombers landed at Maiquetia airport outside Caracas on Monday following a 6,200-mile flight. It didn’t say whether the bombers were carrying any weapons and didn’t say how long they…
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Lower House passes Cannabis Bill
The Cannabis Bill 2018 was passed in the Lower House on Tuesday. The Bill will regulate the production, prescribing, and supply of medical cannabis for patients. Minister of state in the Ministry of Finance Lennox Weston emphasized that the Cannabis Bill is not for those who merely want to get high. “As it stands right…
REQUEST FOR EXPRESSIONS OF INTEREST
(CONSULTING SERVICES – INDIVIDUAL SELECTION)
OECS MSME Guarantee Facility Project
Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650
Assignment Title: Senior Operating Officer (SOO)
Reference No. KN-ECPCGC-207852-CS-INDV
The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project.
The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021. The consultant will report directly to the Chief Executive Officer of the ECPCGC.
The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below.
https://bit.ly/3iVannm
The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:
- An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
- Minimum of 5 years’ experience in MSME lending. Applicants should also have:
- The ability to design and implement risk management procedures
- Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
- Extensive knowledge of MSME banking operations
- Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
- Experience developing and presenting information in public, including responding to questions in real-time
- Experience lending to MSMEs located in the ECCU
- Knowledge of marketing and communicating with the MSME sector
- Ability to draft procedures to be used in a lending operation
- Familiarity with the mechanics of a loan guarantee program
- Exceptional written, oral, interpersonal, and presentation skills, and
- Proficiency in the use of Microsoft Office suite.
The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers.
Further information can be obtained at the address below during office hours 0800 to 1700 hours:
Eastern Caribbean Partial Credit Guarantee Corporation
Brid Rock, Basseterre,
St. Kitts.
Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected].
For further information, please contact:
Carmen Gomez-Trigg Bernard Thomas
Chief Executive Officer Chief Financial Officer
Tel: 868-620-8144 Tel: 869-765-2385
Email: [email protected] [email protected]