Antigua Breaking News

Day: February 9, 2019

  • Barbados police charge Romanian visitors with money laundering

    Barbados police charge Romanian visitors with money laundering

    Police on Friday arrested and charged two Romanian visitors with money laundering. They have been identified as Sorin Ghiriti, 30, who was also charged with theft and going equipped; and Gheorghe Dumitru Durdea, 35, who was also charged with going equipped. Going equipped refers to any person, when not at his place of abode, has with…

  • CRICKET – England 231-4 vs West Indies – 1st day, 3rd Test

    CRICKET – England 231-4 vs West Indies – 1st day, 3rd Test

    GROS ISLET, St Lucia, CMC – England, sent in by West Indies, reached 231 for four at the close on the opening day of the third and final Test at the Darren Sammy Cricket Stadium here Saturday. Scores: ENGLAND 231 for four (Jos Buttler 67 not out, Ben Stokes 62 not out, Rory Burns 29, Joe…

  • Trump’s White House reportedly launches manhunt for leaker who released his private schedule

    Trump’s White House reportedly launches manhunt for leaker who released his private schedule

    The leak of President Donald Trump’s private schedule dating back to the 2018 November midterm elections sparked a manhunt for the individual responsible for its release, according to Politico report published Friday. The White House tapped into the services of the IT office and is believed to have made progress in its search, people familiar with the…

  • WANTED MAN: Samuel Livingstone

    WANTED MAN: Samuel Livingstone

    Police have issued a Wanted Bulletin for the immediate arrest of Samuel Livingstone, also known as Tapa. Livingstone is wanted in connection with a shooting incident on Wednesday, February 6, police said. He is known to reside in both Potters and Old Road. Police say Livingstone is believed to be armed and therefore is considered…

  • CRICKET – Root falls as England stumble to tea

    CRICKET – Root falls as England stumble to tea

    GROS ISLET, St Lucia, CMC – West Indies snared three England wickets including that of captain Joe Root’s, to keep their noses in front at tea on the opening day of the third and final Test here Saturday. At tea at the Darren Sammy National Stadium, England were attempting to rebuild on 114 for four,…

  • ‘Disappointing progress’ on new flight path for LIAT – CDB

    ‘Disappointing progress’ on new flight path for LIAT – CDB

    The Caribbean Development Bank (CDB) has weighed in on the slow pace of restructuring of regional airline LIAT, which is owned by Barbados and three other Eastern Caribbean Governments. CDB President Warren Smith said he was “disappointed” with progress towards executing a plan the bank funded to stem losses, improve efficiency and reverse a sharp decline…

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]