Antigua Breaking News

Day: March 19, 2019

  • Trump to meet 5 Caribbean leaders on Friday

    Trump to meet 5 Caribbean leaders on Friday

    U.S. President Donald Trump will meet at his Florida resort on Friday with the leaders of the Bahamas, Dominican Republic, Haiti, Jamaica and Saint Lucia to discuss Chinese “predatory economic practices” and the Venezuela situation, the White House said in a statement on Tuesday. Trump and the Caribbean leaders will also discuss security cooperation and…

  • GECOM chairman says Guyana elections can’t be held until November

    GECOM chairman says Guyana elections can’t be held until November

    CMC – Chairman of the Guyana Elections Commission (GECOM), retired Justice James Patterson, Tuesday said that fresh regional and general elections could only be held in Guyana in November. In a letter to President David Granger, the GECOM chairman wrote that “I would proffer that the Commission would be in a position to conduct General and…

  • State College staff stage sit-in over working conditions

    State College staff stage sit-in over working conditions

    Staff at the Antigua State College staged a sit-in on Tuesday to press for improved working conditions. They say working conditions at the country’s oldest tertiary-level institution are far beyond unbearable. The 25-member group is not presently represented by a trade union. Spokesperson for the sit-in staff ASC administrative assistant Juliann Stevens said she had…

  • Sir Viv throws full support behind Skerritt and Shallow

    Sir Viv throws full support behind Skerritt and Shallow

    Former legendary West Indies captain Sir Vivian Richards has endorsed Ricky Skerritt and his running mate Dr. Kishore Shallow in their bid to become Cricket West Indies’ (CWI) new president and vice-president respectively. Last month Skerritt announced his intention to challenge current CWI president Dave Cameron in the upcoming elections slated to be held in…

  • Venezuelan Ambassador departs

    Venezuelan Ambassador departs

    Carlos Perez-Silva has said goodbye to Antigua and Barbuda after serving six years as the Ambassador of the Bolivarian Republic of Venezuela to Antigua and Barbuda. Hosting a farewell call with the Ambassador, Minister of Foreign Affairs E.P. Chet Greene congratulated Ambassador Perez-Silva on his years of service. Greene said, “It is with a heavy…

  • PM slams EU over latest tax list

    PM slams EU over latest tax list

    Prime Minister Gaston Browne says the Caribbean Community (CARICOM) is being asked to issue a statement condemning the “attack” by the European Union on the economies of Caribbean countries following Europe’s latest list of non-cooperative tax jurisdictions. The Europeans have included several Caribbean countries, namely Trinidad and Tobago, Belize, Barbados, Bermuda, Dominica and Aruba on…

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]