Antigua Breaking News

Day: July 26, 2019

  • Alex Saab charged in U.S. with money laundering

    Alex Saab charged in U.S. with money laundering

    A Colombian businessman, who’s an ally of Venezuelan leader Nicolas Maduro and other Caribbean politicians, was indicted on federal money-laundering charges that accuse him of bribing Venezuelan government officials and funneling more than $350 million to overseas accounts. An indictment of Alex Nain Saab Moran, 47, was made public Thursday in Miami, hours after the…

  • Virgin Atlantic to end flights to St. Lucia

    Virgin Atlantic to end flights to St. Lucia

    The St. Lucia government Friday said that agreeing to an EC$20 million subsidy over a three year period as demanded by Virgin Atlantic, would have opened the door to similar requests from other airlines to the detriment of the islands tourism sector. Virgin Atlantic Thursday announced that after June 8 it would stop its operations…

  • Family appeals for help as Sassy remains in coma

    Family appeals for help as Sassy remains in coma

    Calypsonian and popular media personality Ava Charles Mckenzie, known as Sassy, is presently in a fight for her life in the Intensive Care Unit (ICU) at the Mount St. John Medical Center (MSJMC). Her family is desperately seeking the public’s assistance to airlift her to the St. Claire Medical Center in Trinidad and Tobago to…

  • New GECOM Chairman named in Guyana

    New GECOM Chairman named in Guyana

    The decision followed a meeting between President David Granger and the Leader of the Opposition Bharrat Jagdeo as they hammered out names that were found not to be unacceptable to the President. In a statement, the President’s office said the Leader of the Opposition agreed to submit such a list and the President received and…

  • Former St. Kitts-Nevis police commissioner to serve as OECS diplomat in Morocco

    Former St. Kitts-Nevis police commissioner to serve as OECS diplomat in Morocco

    Former police commissioner, Ian Queeley will serve as the  Organization of Eastern Caribbean States (OECS) its first Ambassador to the Kingdom of Morocco, Prime Minister Dr. Timothy Harris has said. Harris, who made the announcement prior to travelling to Morocco, said that Queeley has formally tendered his letter of retirement from the Police Services after…

  • Disgraced former British police officer appeals jail sentence for rape

    Disgraced former British police officer appeals jail sentence for rape

    Former British police officer, serving a 15-year jail term for raping a young woman while he was vacationing in Antigua four years ago, has filed an appeal against his conviction. OBERVER MEDIA reported Friday that the lawyer for Lee Martin-Cramp filed the appeal earlier this week, citing a number of grounds. It said that in…

  • CIBC FirstCaribbean joins Hands Across the Sea

    CIBC FirstCaribbean joins Hands Across the Sea

    Thousands of primary and secondary school children in six Eastern Caribbean countries are getting a greater chance of improving their reading skills through a touch from Hands Across the Sea, a non-profit organisation focused on advancing literacy levels of children in the region. Recently, CIBC FirstCaribbean International Bank strengthened that support with a US$25,000 donation…

  • Barbados still negotiating on LIAT

    Barbados still negotiating on LIAT

    Prime Minister Mia Mottley has admitted that talks with Antigua and Barbuda regarding the sale of Barbados’ LIAT shares did not go as expected. Negotiators from the two sides met two weeks ago at the Hilton Hotel when talks broke down. Those negotiations never got off the ground and discussions came to a halt after…

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]