Antigua Breaking News

Day: November 20, 2019

  • US Congress Roundtable on de-risking in the Caribbean hailed a success

    US Congress Roundtable on de-risking in the Caribbean hailed a success

    Representatives of the government of the 15-nation Caribbean Community (CARICOM) had a fully attended Roundtable meeting on Tuesday with members of the U.S. Congress and senior representatives of major U.S. banks, concerning the effects of de-risking and the withdrawal of correspondent banking relations (CBRs). The Roundtable was first proposed by Antigua and Barbuda’s Prime Minister,…

  • Carnival Gardens man remanded on drug charges

    Carnival Gardens man remanded on drug charges

    Damien George Wilson of Carnival Gardens was remanded to Her Majesty’s Prison on Tuesday on multiple drug charges. The 36-year-old was found in possession of 10 pounds of cannabis, following a drugs operation carried out on a property he occupied at Skerritt’s Pasture on Nov. 13. Officers attached to the Narcotics Department found the compressed…

  • Prince Andrew stepping back from royal duties

    Prince Andrew stepping back from royal duties

    The Duke of York is stepping back from royal duties for the “foreseeable future” due to the Jeffrey Epstein scandal. Prince Andrew said his links with the convicted sex offender had become a “major disruption” to the Royal Family. In a statement, he said he deeply sympathised with Epstein’s victims and “everyone who has been…

  • ‘Come Home In December’ diaspora sweepstakes launched

    ‘Come Home In December’ diaspora sweepstakes launched

    Following a dynamic year of award-winning marketing campaigns, new events, and hotel openings, The Antigua and Barbuda Tourism Authority is excited to be celebrating an even greater milestone. By December 2019, Antigua and Barbuda Tourism stayover arrivals would have reached over 300,000. And, with the launch of a new ‘Come home’ sweepstakes, the Antigua and…

  • Vincentian police officer who surrendered in Antigua charged

    Vincentian police officer who surrendered in Antigua charged

    The Vincentian police officer, who surrendered to police in Antigua on Nov. 14 after being the subject of a wanted bulletin issued by the St Kitts and Nevis police, has been charged. Police Constable Elrick Julano Clarke, 24, who was returned to Basseterre on November 15, has been charged with allegedly having unlawful carnal knowledge…

  • PM Browne leads CARICOM delegation to US to discussing corresponding banking

    PM Browne leads CARICOM delegation to US to discussing corresponding banking

    Antigua and Barbuda Prime Minister Gaston Browne is leading a Caribbean Community (CARICOM) delegation to the United States participating in a round table discussion on de-risking and correspondent banking. The discussion, which is being hosted by the US House Committee on Financial Services, will include legislators and bankers. Caribbean countries have been arguing that the…

  • ABTA welcomes more than 100 Canadian travel agents

    ABTA welcomes more than 100 Canadian travel agents

    The Antigua and Barbuda Tourism Authority has planned a strong start to the upcoming winter season with a four-day Mega Fam to the destination in partnership with Air Canada Vacations (ACV). Dubbed Sun, Sea & Sand, arriving on Tuesday, Nov. 19, and returning on Friday, Nov. 22, the familiarisation trip will expose agents to 11…

  • US$15M Disaster Recovery and Environmental Resilience Project for Antigua

    US$15M Disaster Recovery and Environmental Resilience Project for Antigua

    UNDP is launching a multi-million-dollar project in nine Caribbean countries, with generous support from the Government of Canada and the UK Department for International Development. UNDP’s prior support to the development of National Adaptation Plans (NAPs) and Nationally Appropriate Mitigation Actions (NAMAs) will now be scaled up by the new project – Enabling Gender-Responsive Disaster…

  • Universal Children’s Day and the 30th Anniversary of the UN Convention on the Rights of the Child

    Universal Children’s Day and the 30th Anniversary of the UN Convention on the Rights of the Child

    By Daniela Tramacere Every year, the Universal Children’s Day is observed on the 20th of November and it marks the day on which the UN General Assembly adopted the Declaration of the Rights of the Child in 1959 and the UN Convention on the Rights of the Child (CRC) in 1989. This special anniversary gives…

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]