Antigua Breaking News

Day: May 11, 2020

  • $400K bail for drug offender

    $400K bail for drug offender

    Nkomo Thomas of Fort Road was granted bail in the sum of $400,000 on multiple drug charges in St. Johns Magistrate’s Court on Monday. Thomas appeared before Chief Magistrate Walsh charged with Possession of 1175 ecstasy tablets, Importation of ecstasy, Possession of ecstasy tablets with intent to transfer and being concerned in the supplying of…

  • OECS Authority keen to work with FAA to restore Category 1 status

    OECS Authority keen to work with FAA to restore Category 1 status

    The Authority of the Organisation of Eastern Caribbean States (OECS) met on Sunday to review the recent announcement by the US Federal Aviation Administration (FAA) that it has assigned a Category 2 rating to OECS Member States under its International Aviation Safety Assessment (IASA) programme. The Authority noted with appreciation that the FAA clearly stated…

  • Michael Joseph named Chief of Operations for Halo Generation Y

    Michael Joseph named Chief of Operations for Halo Generation Y

    The youth arm of the Halo Foundation, Generation Y, has welcomed a new executive member.  Michael Joseph, Past President of the Antigua and Barbuda Red Cross, has joined the team as volunteer Chief of Operations. Joseph, who is a pharmacist by profession and a proud business owner, said “I admire the focus of Halo Generation…

  • COVID-19: Antigua positioned to export health-care services

    COVID-19: Antigua positioned to export health-care services

    Despite the economic damage and upheaval inflicted on Antigua and Barbuda by the COVID-19 pandemic, the country’s response to it will ensure that it emerges from the crisis with a significant advantage in at least one critically important sector, according to the nation’s leader. Prime Minister Gaston Browne believes the heavy investments that his government…

  • Caribbean Association of Banks welcomes new director

    Caribbean Association of Banks welcomes new director

    The Caribbean Association of Banks (CAB) Inc. has announced the latest addition to its Board of Directors, Michael Walcott. Walcott is a risk management and business process development professional with significant industry expertise in Compliance, Corporate Operation Process Improvement, Operational Risk, and Auditing. He presently holds the portfolio of General Manager, Overseas Operations, with Republic…

  • Mother’s Day distribution of hampers in Saint Peter

    Mother’s Day distribution of hampers in Saint Peter

    Despite the inclement weather on Sunday, mothers in the Saint Peter constituency were treated to what can be considered a timely show of appreciation, particularly to those most vulnerable. Member of Parliament for the area Asot Michael assembled and distributed some EC$80,000 in hampers, topped off with a heartfelt greeting card. Sunday’s effort was the…

  • Falmouth Harbour Marina spreads Mother’s Day Cheer

    Falmouth Harbour Marina spreads Mother’s Day Cheer

    Antigua’s Premier Mega Yacht Marina, Falmouth Harbour Marina, was spreading cheer on Mother’s Day. The Marina’s Chairman, Sir Gerald Watt explained that with so many people now unemployed as a result of COVID-19, the company felt this contribution of food packages would be of some assistance to our senior citizens and single mothers. “We continue…

  • Wadadli Pen announces 2020 winners

    Wadadli Pen announces 2020 winners

    The Wadadli Youth Pen Prize is proud to announce that for the first time the overall winner’s spot will be shared by two talented writers.  The Wadadli Pen competition has been held annually since 2004, giving writers an avenue to flex their talents. The Wadadli Pen competition has two stipulations; use your creative freedom and pieces…

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]