Day: December 13, 2022

  • Court strikes down ABLP disciplinary action against Asot Michael as unlawful

    Court strikes down ABLP disciplinary action against Asot Michael as unlawful

    The High Court of Antigua and Barbuda has set aside attempts by the Executive of the Antigua and Barbuda Labour Party to take disciplinary action against Hon. Asot Michael engineered to bar him from being an ABLP candidate for the St Peter constituency in the upcoming general election. In a ruling delivered on December 12th,…

  • FTX crypto boss Sam Bankman-Fried denied bail in The Bahamas

    FTX crypto boss Sam Bankman-Fried denied bail in The Bahamas

    Sam Bankman-Fried, founder of the failed cryptocurrency exchange FTX, has been denied bail by a judge in The Bahamas. US authorities charged Mr Bankman-Fried with “one of the biggest financial frauds in US history” on Tuesday. The ex-FTX boss built a “house of cards on a foundation of deception”, Security and Exchange Commission (SEC) Chair…

  • Antigua’s DPP refused stay of proceedings in his fraud case

    Antigua’s DPP refused stay of proceedings in his fraud case

    Antigua’s Director of Public Prosecutions, Anthony Armstrong, who is facing fraud charges in relation to three land transactions, is to know on Thursday whether his passport will be returned to him. The Jamaican attorney-at-law was arrested on Saturday on his arrival at the Norman Manley International Airport and later charged with conspiracy and fraudulent conversion.…

  • UPP calls for 4 Weekends of ABST Relief, Immediate Reduction of Fuel Prices to Prewar Levels

    UPP calls for 4 Weekends of ABST Relief, Immediate Reduction of Fuel Prices to Prewar Levels

    The economy of Antigua and Barbuda needs a stimulus and the people need relief. That was the urgent cry sounded by Political Leader of the United Progressive Party, Harold Lovell when he addressed a press conference today. With the tagline “Relief, Recovery and Shared Prosperity,” Lovell told the nation that Prime Minister Gaston Browne was…

  • Trade Union Congress Elects New Executive Committee

    Trade Union Congress Elects New Executive Committee

    President of the Antigua and Barbuda Workers’ Union, Kem Riley, has been elected President of the Antigua and Barbuda Trade Union Congress (TUC) following the organisation’s 16th Biennial Delegates Conference which concluded on 25th November 2022. Riley brings to the new position over 15 years of experience in the Trade Union Movement. He also holds…

  • ABLP responds to Court’s decision in relation to Asot Michael

    ABLP responds to Court’s decision in relation to Asot Michael

    The Chairman of the Antigua and Barbuda Labour Party (ABLP), E. Paul ‘Chet’ Greene, says that the legitimate representation of the Party in the Constituency of St Peter is “in no way affected” by a decision of the Court today in relation to Mr. Asot Michael. The ABLP Chairman stated that the Party’s candidate remains…

  • Appeal Court maintains jail term for Guyanese man who raped five-year-old twice

    Appeal Court maintains jail term for Guyanese man who raped five-year-old twice

    The Court of Appeal in Guyana has dismissed an appeal by a man who was given a 28-year jail term for raping a five-year-old child twice in 2013. Colvin Norton had been sentenced to imprisonment in 2018, after the jury found him guilty of raping the child between August 1 and August 6, 2013, in…

  • Court strikes down ABLP disciplinary action against Asot Michael as unlawful

    Court strikes down ABLP disciplinary action against Asot Michael as unlawful

    The High Court of Antigua and Barbuda has set aside attempts by the Executive of the Antigua and Barbuda Labour Party to take disciplinary action against Hon. Asot Michael engineered to bar him from being an ABLP candidate for the St Peter constituency in the upcoming general election. In a ruling delivered on December 12th,…

  • A letter to the leader of the opposition

    A letter to the leader of the opposition

    Dear Mr. Pringle I have always learnt that anyone can be a leader but it takes a person with good interpersonal skills, eloquence, ethics, mannerism & respect to be a great leader & a good role model. Interestingly, when I looked back into my archives and I reviewed the video that I have attached, I…

  • Chinese technicians visit Booby Alley

    Chinese technicians visit Booby Alley

    Chinese technicians on Monday carried out a site visit at Booby Alley in The Point signalling the start of the preparation phase of the housing development earmarked by the government for the area. A housing agreement was signed in August, 2021 between the governments of Antigua and Barbuda and the People’s Republic of China that…

  • China treats Antigua and Barbuda with full respect, PM Browne says

    China treats Antigua and Barbuda with full respect, PM Browne says

    China treats Antigua and Barbuda with full respect even though the country is one of the smallest in the world, Gaston Browne, the prime minister of Antigua and Barbuda, a country located in the Caribbean region of Central America, spoke highly of the continuous development of bilateral relations over the past 40 years in a…

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]