Day: December 7, 2022

  • Antigua and Barbuda and Germany sign Air Transport Agreement

    Antigua and Barbuda and Germany sign Air Transport Agreement

    The Governments of Antigua and Barbuda and Germany on Tuesday signed an air transport agreement aimed at establishing the legal framework for air services between and beyond the two countries. The agreement was signed at the Ministry of Foreign Affairs in St Johns by Sir Robin Yearwood, Minister of Public Utilities, Civil Aviation, Transportation and…

  • IMF approves US$302 million in funding for Barbados

    IMF approves US$302 million in funding for Barbados

    The Executive Board of the International Monetary Fund (IMF) approved a 36-month Extended Fund Facility (EFF) in the amount of US$113 million, in addition to a Resilient and Sustainability Fund (RSF) in an amount of US$189 million for Barbados. The new IMF-supported program will build on the achievements of Barbados’ 2018-22 EFF and draw on…

  • 5 ships in one day to celebrate launch of Antigua and Barbuda cruise season

    5 ships in one day to celebrate launch of Antigua and Barbuda cruise season

    On Tuesday, Dec. 06 Antigua & Barbuda celebrated the official opening of the 2022/2023 cruise season at the fifth berth at St. John’s Harbour. Five ships were in port on this special occasion, which also served as the formal opening ceremony of the fifth berth, which was completed in December 2020. Seabourn Ovation and Marella…

  • St. Peter MP accuses Administration of discrimination, via the DCA, after long delay in authorizing his billboards

    St. Peter MP accuses Administration of discrimination, via the DCA, after long delay in authorizing his billboards

    St. Peter MP Asot Michael is accusing the Browne Administration of political victimization, as he awaits permission from the Development Control Authority (DCA) to erect his campaign billboards. Michael, who was unlawfully thrown off the Antigua Labour Party’s slate, is seeking to represent St. Peter as an independent candidate. About two weeks ago, he began…

  • Nearly $60K reportedly stolen from C.O. Williams in inside job

    Nearly $60K reportedly stolen from C.O. Williams in inside job

    Investigations have been mounted into a number of break-ins and larcenies, including one in which almost $60,000 was stolen from a company. A source says the sum of $59,000 has been reported missing from the road-construction company C.O. Williams. The discovery reportedly was made by the firm’s administrative assistant and accounts manager, who, in turn,…

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]