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CAB welcomes Dominica appointments

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The Caribbean Association of Banks (CAB) Inc. has extended congratulations to two veteran bankers who have been appointed to leadership positions with a CAB member organisation.

The National Bank of Dominica (NBD) recently announced Annette Severin-Lestrade as its new Managing Director, and Linda Toussaint-Peter as Deputy Managing Director. This is a first for the bank, with two women in the most senior executive positions.

Lestrade brings to her new position more than 30 years of experience in the banking industry, with extensive experience in leadership, strategic planning, and regulatory compliance.

Prior to joining NBD, Lestrade spent most of her banking career at the Bank of Nova Scotia, Barclays Bank, and Banque Franҫaise Commerciale. A Certified Anti-Money Laundering Specialist (CAMS), Certified Financial Crime Specialist (CFCS), and Chartered Director, she holds a Master of Business Administration (MBA) from University of Liverpool and a Bachelor of Arts in Marketing.

Lestrade replaces Ellingworth Edwards, who served as Managing Director of NBD for six years until January 2021.

Peter has a 20-year track record of accomplishment at NBD. She has held several management positions, including Chief Financial Officer, and acted as Managing Director from January to August, 2021. A Fellow Chartered Certified Accountant (FCCA) and an Accredited Director, she holds a Bachelor of Science Degree in Accounting from the University of the West Indies.

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CEO of CAB, Wendy Delmar, has welcomed the announcement from NBD.

“I am pleased to be able to share my heartfelt felicitations with Annette and Linda. They are the latest Caribbean women to take up leadership positions in the financial services sector, an encouraging trend for us in the region. Typically, women are underrepresented in the boardroom, and it’s noteworthy to see that our members are embracing change by handing senior roles to capable and experienced ladies. We look forward to supporting Annette and Linda as they chart the way forward for NBD.”

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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]