Antigua Breaking News

Day: February 7, 2019

  • Long-serving ABS worker dies

    Long-serving ABS worker dies

    The state-owned Antigua & Barbuda Broadcasting Services (ABS) is mourning the death of one of its longest-serving employees. ABS today announced the passing of Deputy Director of Technical Services, Cortwright Grant. Grant, whose career in the media spanned close to 40 years, died this morning after a period of illness. He was 57 years old.…

  • A “Venezuelan owned” solution: too much to hope?

    A “Venezuelan owned” solution: too much to hope?

    By Sir Ronald Sanders (The writer is Antigua and Barbuda’s Ambassador to the United States and the Organisation of American States.  He is also a Senior Fellow at the Institute of Commonwealth Studies at the University of London and Massey College in the University of Toronto. The views expressed are entirely his own) Commentators in western…

  • U.S. Embassy signs MOU with Antigua and Barbuda to support Juvenile Justice Reform

    U.S. Embassy signs MOU with Antigua and Barbuda to support Juvenile Justice Reform

    The United States Agency for International Development, the Government of Antigua and Barbuda, and the Organisation of Eastern Caribbean States (OECS) Commission on Thursday signed a Memorandum of Understanding signalling their continued commitment to the successful rehabilitation and reintegration of at-risk youth and those in conflict with the law across the region. The agreement falls…

  • More hunters sign up for iguana cull in Cayman Islands

    More hunters sign up for iguana cull in Cayman Islands

    More than 100 new iguana hunters have signed up to take part in the islandwide eradication effort following another appeal for more hunters from the Department of Environment. Head of the DOE’s terrestrial resources unit, Fred Burton said the weekly cull totals had dropped from around 30,000 each week in the early months of the…

  • CDB President calls for resilience, transformation to drive Regional economic growth

    CDB President calls for resilience, transformation to drive Regional economic growth

    Although grappling with challenges related to climate change; wide fiscal deficits and high public debt; as well as high unemployment, the Caribbean Development Bank (CDB) today projected that the Region’s economy is expected to grow by 2 per cent in 2019. CDB President, Dr. Warren Smith shared the Bank’s forecast at its Annual News Conference, held…

  • Former LIAT employee awarded US$1.55 million in age discrimination case

    Former LIAT employee awarded US$1.55 million in age discrimination case

    Virgin Islands Daily News – A former LIAT employee fired as a result of age discrimination was awarded $1.55 million in damages by a jury on St. Croix on Tuesday. “I think the message it sends is that there’s no place for age discrimination in the Virgin Islands, and LIAT fired a man who worked…

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]