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E.U. may bar American travelers as it reopens borders, citing failures on virus
European Union officials are racing to agree on who can visit the bloc as of July 1 based on how countries of origin are faring with new coronavirus cases. Americans, so far, are excluded, according to draft lists seen by The New York Times. European Union countries rushing to revive their economies and reopen their…
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UWI Five Islands celebrates first Rotary Club of Antigua scholarship
On June 22, Sharon Henry-Phillip, a student at The University of the West Indies (The UWI) Five Islands Campus was the first recipient of the Rotary/UWI Five Islands Campus Scholarship. The scholarship designed to assist a current student of the Campus who maintains scholastic excellence, covers the cost of study for one year leading to…
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Dengue cases in region top 1.6 million, highlighting need for mosquito control during COVID-19 pandemic
More than 1.6 million cases of dengue have been reported in the Americas in the first five months of 2020, drawing attention to the need to continue eliminating mosquito vectors of disease even in the midst of the COVID-19 pandemic. “While social distancing measures are in place, households should be encouraged to work together in…
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APUA increases COVID Utility Relief Discount
The occurrence of the COVID-19 pandemic has caused displacement and disturbance in the socioeconomic landscape across the world and Antigua and Barbuda is no exception. The Antigua Public Utilities Authority (APUA) in partnership with the Antigua Power Company (APC) recognizes the need to offer a further concession on the provision of electricity service to domestic…
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Antigua and Barbuda launches space travel
The Antigua and Barbuda Tourism Authority is staking its claim on owning the travel space with the launch of their new ‘Your Space in the Sun’ campaign today, Tuesday, June 23, 2020. The new campaign positions Antigua and Barbuda as the perfect location for travel in the new normal created in the wake of the…
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Caribbean Airlines records over US$14M in losses due to COVID-19
The state-owned carrier, Caribbean Airlines (CAL), has recorded a loss of more than US$14 million in just over a one month period, as a result of the impact of the coronavirus (COVID-19), Trinidad’s Minister in the Ministry of Finance, Allyson West, has said. She told the senate that the airline, during the period March 23…
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UNAIDS warns of possible HIV drug shortages within two months
The Joint United Nations Programme on HIV/AIDS (UNAIDS) warned yesterday that stocks of medication for HIV patients could run out in the next two months because of higher costs linked to lockdowns and the novel coronavirus-related border closures. UNAIDS, in a call to countries and manufacturers to take pre-emptive action now, said that both the…
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Museum of Antigua and Barbuda re-opens today
The Museum of Antigua and Barbuda has reopened to the general public, following the closure, forced by the COVID-19 pandemic. Walter Berridge, Chairman of the Historical and Archaeological Society, which manages the Museum, said that it was no easy task to get re-opened as all the national protocols had to be implemented. He specifically thanked…
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No bail for Isaac
Darien Anderson Isaac was denied bail when he made an appearance in court on Monday. Isaac, 37, of Renfew, was charged in connection with a large quantity of cannabis that was seized at Deep Water Harbour last week. On Friday, police charged Isaac with possession of 40 ¼ pounds of cannabis, possession of cannabis with…
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Greene: Return of nationals studying in Cuba postponed at St. Kitts’ request
The repatriation flight scheduled to bring home nationals studying in Cuba today, June 23, has been postponed. Last week, Information Minister Melford Nicholas announced that the students would be returning on a flight made possible by the Venezuelan government. However, Foreign Affairs Minister Paul “Chet” Greene says the flight is being delayed at the request…
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Antigua and Barbuda Workers’ Union calls meeting of LIAT workers
The Antigua and Barbuda Workers’ Union (ABWU), has called of meeting for all Antigua-based employees of regional airline LIAT. The ABWU says the purpose of the meeting is to update LIAT employees on recent developments within the airline. The meeting will be held at 10 a.m. on Wednesday at the union’s headquarters, Freedom Hall 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]