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American Airlines resumes service to VCBIA following temporary grounding of flights from Miami
The Antigua and Barbuda Ministry of Tourism and Investment along with the country’s Tourism Authority have announced the resumption of service by American Airlines to and from Miami following the temporary grounding of flights by the US Government of airlines using the 737 Max 8 aircraft. The airline’s Miami and New York turn service will operate tomorrow…
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Gov’t tried to make Dundas a liar. Turns out he was telling the truth
The president of the Antigua and Barbuda Cruise Tourism Association (ABCTA) Nathan Dundas says more cruise lines have cancelled their scheduled calls to Antigua and Barbuda. Dundas told cruise stakeholders in an email that 14 cruise calls previously scheduled for Antigua and Barbuda for the upcoming winter season have been cancelled. According to the email,…
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DNA pays tribute to the late Vincent ‘Tubby’ Derrick
The Democratic National Alliance has extended “profound sympathy” to family members on the passing of Vincent “Tubby’ Derrick.” The DNA said in a statement that it relied on his wise counsel and advice during the embryonic phase of the DNA. “We will remember him for his instructive exhortations on the virtues he unflinchingly upheld and…
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Empowerment Through Pageantry- Jaycees Queen Show launches on a high note
Our Heritage, Our Ethnicity, Our Cultural Diversity” is the theme for the 58th annual Jaycees Queen Show. The annual showcase of pageantry, cultural exchange and awareness has been a landmark event for the JCI Antigua organization and a highlight for Antigua’s Carnival festivities. Though the international competition is some months away, Jaycees Queen Show held…
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Boeing grounds entire crash aircraft fleet
Boeing has grounded its entire global fleet of 737 Max aircraft after investigators uncovered new evidence at the scene of the fatal Ethiopian Airlines crash. The US plane-maker said it would suspend all 371 of the aircraft. The Federal Aviation Administration said fresh evidence as well as newly refined satellite data prompted the decision to…
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Comments after CARICOM briefing damaged LIAT’s reputation: Gonsalves
Prime Minister Dr. Ralph Gonsalves says public comments about LIAT’s latest financial crisis made by participants at last month’s Caribbean Community (CARICOM) Inter-sessional summit in St. Kitts-Nevis have not helped the Antigua-based regional carrier in need of US$5.4 million to continue serving regional destinations. Gonsalves told Parliament earlier this week that the principal shareholder government…
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Antigua’s Romance, Gastronomy and Wellness Showcased on UK Television
2019 has seen Antigua take centre stage on UK terrestrial television with a host of celebrity presenters, reality television stars and much-loved chefs descending on the island for a bounty of broadcast opportunities that shine a light on the island’s most irresistible qualities. The television programmes have highlighted local and traditional cuisines, the incredible romance…
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Burke says LIAT meeting went better than expected
A meeting between shareholders and unions representing LIAT staff in Barbados on Monday went better than expected. That was according to the President of the Leeward Islands Airline Pilots Association (LIALPA), Captain Karl Burke. The town hall-style meeting was held to discuss the financial crisis facing the Antigua-based airline. Burke said the pilots have until…
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LIAT meeting a success, St Vincent PM says. Julie Reifer-Jones stays for now
St. Vincent and the Grenadines Prime Minister Dr. Ralph Gonsalves says progress has been made regarding the future direction of the cash-strapped regional airline, LIAT, following a more than four-hour meeting in Barbados on Monday night. “Our meeting lasted over four hours with the union leaders, the management, the shareholders and other officials and I…
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LIAT important to Grenada’s economy, PM Mitchell says
The Grenada government said Tuesday that the local economy would be damaged if the cash-strapped regional airline, LIAT, is allowed to end its operations. “With our present situation in Grenada, if LIAT goes down and we are not able to travel, it will take some time before a new airline emerges, it will damage our…
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Wanted men now in police custody
Two men who were wanted by police for a series of serious offences are now in custody. Tristan Raheem “Benz” Armstrong surrendered on Monday, accompanied by a known community activist. The 28-year-old man was reportedly convinced by family members to turn himself in. Meanwhile, Sevorn “Angry Bird” Burton, of Gray’s Farm surrendered to police around…
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]