Antigua Breaking News

Day: March 28, 2024

  • JCI cancels 2024 Jaycees Queen Show

    JCI cancels 2024 Jaycees Queen Show

    CLICK HERE TO GET ON THE ABN WHATSAPP CLICK HERE TO GET ON THE ABN WHATSAPP It is with regret that we announce the cancellation of the highly anticipated 2024 Jaycees Queen Show, scheduled for July 31st 2024. Despite our commitment to hosting this esteemed event, unforeseen circumstances have compelled us to make this difficult…

  • Sam Bankman-Fried, FTX founder, sentenced to 25 years in prison in crypto fraud case

    Sam Bankman-Fried, FTX founder, sentenced to 25 years in prison in crypto fraud case

    CLICK HERE TO GET ON THE ABN WHATSAPP CLICK HERE TO GET ON THE ABN WHATSAPP Former crypto mogul Sam Bankman-Fried was sentenced Thursday to 25 years in prison for his role in the 2022 collapse of FTX, which once was one of the world’s most popular platforms for trading digital currency. Bankman-Fried, 32, was…

  • General Post Office temporarily relocating to Cuthwin Lake Medical Center on Nugent Avenue

    General Post Office temporarily relocating to Cuthwin Lake Medical Center on Nugent Avenue

    CABINET NOTES: The Cabinet agreed that the Cuthwin Lake Medical Center on Nugent Avenue (formerly NTTC) will temporarily accommodate the General Post Office and the Ministry of Agriculture staff: both headquarters buildings are to undergo rehabilitation as soon as the staff, furniture, and equipment have been removed. The Center was initially reconfigured to house patients…

  • IN CASE YOU MISSED IT: Remarks made in Parliament by Hon. Asot Michael on March 26

    IN CASE YOU MISSED IT: Remarks made in Parliament by Hon. Asot Michael on March 26

    CLICK HERE TO GET ON THE ABN WHATSAPP Аdvеrtіѕе wіth thе most visited news site in Antigua and Barbuda ~ Wе оffеr fullу сuѕtоmіzаblе аnd flехіblе dіgіtаl mаrkеtіng расkаgеѕ. Yоur соntеnt іѕ dеlіvеrеd іnѕtаntlу tо thоuѕаndѕ оf uѕеrѕ іn Antigua аnd аbrоаd via our One Signal push notifications! Соntасt uѕ аt [email protected]. ——————————————————————— CLICK HERE…

  • OECS Revamps Tourism Policy for a Sustainable Future

    OECS Revamps Tourism Policy for a Sustainable Future

    CLICK HERE TO GET ON THE ABN WHATSAPP CLICK HERE TO GET ON THE ABN WHATSAPP Tourism serves as the mainstay of the economies of many islands within the Organisation of Eastern Caribbean States (OECS). Consequently, the OECS Commission has adopted a unified and collaborative approach to enhance and address the industry’s challenges. The OECS Tourism Policy…

  • CABINET NOTES of Wednesday, 27th March 2024

    CABINET NOTES of Wednesday, 27th March 2024

    CLICK HERE TO GET ON THE ABN WHATSAPP CLICK HERE TO GET ON THE ABN WHATSAPP HURST REPORTS ON CABINET of Wednesday 27 March 2023. The Cabinet commenced its work at about 11:00 am following prayers by a Methodist Minister. The religious Minister drew on the lesson taught to us by Peter who denied Christ…

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]