Antigua Breaking News

Day: March 5, 2022

  • Max Hurst BANNED from OBSERVER Radio

    Max Hurst BANNED from OBSERVER Radio

  • CARICOM leaders support Scotland

    CARICOM leaders support Scotland

    Caribbean Community (CARICOM) leaders have pledged their support for the incumbent Commonwealth Secretary General, Patricia Scotland, for a second term as head of the 54-member grouping. According to the communique issued at the end of their Inter-Sessional Summit on Wednesday night, the regional leaders “expressed their overwhelming support for the re-election of Baroness Patricia Scotland…

  • LETTER: Time for Cutie and DPP to go

    LETTER: Time for Cutie and DPP to go

    Cutie Benjamin has got to be the most incompetent Attorney General/Minister of Justice in the whole world. And nobody don’t tell me it is not him, it is the DPP. But the DPP should also be fired. Too many of these cases that appear to be politically motivated are being brought with no evidence. They…

  • 6 new cases of COVID-19 in Antigua

    6 new cases of COVID-19 in Antigua

    The most recent report received by the Ministry of Health, Wellness and the Environment revealed six (6) new laboratory confirmed COVID-19 cases in Antigua and Barbuda as of Thursday 3rd March, 2022 at 6pm. Five (5) of the cases were recorded on March 1st and one (1) on March 3rd. Two hundred and fifteen (215)…

  • Jamaica establishes first child-friendly centre for victims of crime

    Jamaica establishes first child-friendly centre for victims of crime

    Jamaica’s first child-friendly centre, which will assist youngsters who are victims of human trafficking and other serious crimes, was officially opened at the Falmouth police station in Trelawny on Friday, March 4. The facility was jointly established by the Ministry of National Security and the US Embassy in Kingston under the US-Jamaica Child Protection Compact…

  • Antigua to implement international sanctions against Russia

    Antigua to implement international sanctions against Russia

    The Antigua and Barbuda Ambassador to the United States, Sir Ronald Sanders, Friday said that his country is instituting measures to implement international sanctions against named Russian persons and entities. Foreign Affairs Minister, E Paul Chet Greene, has since instructed that the complete existing list of US sanctioned Russian persons and companies is to be…

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]