Category: Regional News

  • West Indies name Test squad for tour of Australia

    West Indies name Test squad for tour of Australia

    The Cricket West Indies (CWI) Selection Panel today named the Men’s Test squad for the upcoming series in Australia. West Indies will be under the leadership of Kraigg Brathwaite and will face the hosts in two Test matches at the Perth Stadium (30 November to 4 December) and the Adelaide Oval (8 to 12 December).…

  • Sixth Meeting of the OECS Council of Ministers: Agriculture held in Dominica

    Sixth Meeting of the OECS Council of Ministers: Agriculture held in Dominica

    The Sixth (6th) Meeting of the OECS Council of Ministers: Agriculture (COMA) of the Organisation of Eastern Caribbean States (OECS) was held at the Conference Room of the State House, Roseau, Commonwealth of Dominica on October 14, 2022 under the Chairmanship of the Honourable Fidel Grant, Minister for the Blue and Green, Economy, Agriculture and…

  • Caribbean Travel Auction Offers Amazing Resort Stays in Support of Education Foundation

    Caribbean Travel Auction Offers Amazing Resort Stays in Support of Education Foundation

    More than 30 prizes valued at over US$100,000 are available to be won in the 2022 Caribbean Hospitality and Tourism Association (CHTA) Education Foundation Travel Auction. The Education Foundation’s Travel Auction is an annual fundraiser to support training and scholarships for Caribbean hospitality professionals. It provides an opportunity to win amazing Caribbean holidays at award-winning…

  • Criminals who kill police officers must receive the Death Penalty

    Criminals who kill police officers must receive the Death Penalty

    On Thursday, October 6, 2022, the Caribbean Federation of Police Welfare Associations (CFPWA) released a press statement expressing our concerns about the attacks on police officers across the region whilst performing their lawful duties. We have since learnt that two (2) more police officers were killed and a police officer’s car was fire bombed. It…

  • Simmons says resignation not ‘knee-jerk reaction’ after World Cup failure

    Simmons says resignation not ‘knee-jerk reaction’ after World Cup failure

    West Indies head coach Phil Simmons apologised for the side’s disappointing performance that resulted in their shock exit from the ICC Men’s T20 World Cup in Australia but said his decision to resign was not a knee-jerk reaction to that situation. Cricket West Indies (CWI) announced Simmons’ resignation in a statement on Monday evening, saying…

  • Gay couples in Cuba marry under new law

    Gay couples in Cuba marry under new law

    Serious, standing upright and dressed in long gala dresses – despite the midday Cuban heat – Lisset and Liusba quietly walk up the ten steps of the notary office, their hands clenched and shaking. Less than a few feet ahead walk their two young daughters. Nearly an hour later, when they walked out of the…

  • Caribbean Bankers to meet in Saint Lucia

    Caribbean Bankers to meet in Saint Lucia

    More than 200 bankers, financial services professionals, regulators, Government officials, and representatives of regional and international agencies from the Caribbean, North America, South America, Europe, Asia, and Africa will meet in the coming days for CAB Conference Saint Lucia 2022. It will be the first time since 2019 that the foremost gathering of regional banks…

  • The UN Resident Coordinator’s message on United Nations Day: October 24

    The UN Resident Coordinator’s message on United Nations Day: October 24

    We celebrate the UN charter’s 77th anniversary this year, at a time when countries all over the world are facing a triple crisis of food, energy, and finance, while still battling. climate change and the residual effects of the COVID-19 pandemic. As we join with the Governments and people of the Caribbean to build resilience…

  • Rich Russians offered a Caribbean shortcut to US visas by paying their way to a Grenadian passport

    Rich Russians offered a Caribbean shortcut to US visas by paying their way to a Grenadian passport

    Insider investigated how rich Russians could move to the US by investing in Grenada’s economy. A visa firm is offering the shortcut after Vladimir Putin announced a partial military mobilization. It’s legal, but an illicit-finance expert said it could let oligarchs “skirt the rules.” Five days after Russian President Vladimir Putin announced a partial military…

  • Barbados Member of Parlaiment to appear in court on rape charge

    Barbados Member of Parlaiment to appear in court on rape charge

    St Michael North West MP Neil Rowe will appear in the Oistins Magistrates’ Court on Monday on the charge of rape, Police Communications and Public Affairs Officer Acting Inspector Rodney Inniss has confirmed. Rowe, 43, of #658 Kingsland Terrace, Christ Church has also served as the deputy speaker of the House Of Assembly. SOURCE: Barbados TODAY…

  • Body found on beach believed to be popular social media personality

    Body found on beach believed to be popular social media personality

    Jamaica: A woman whose body was fished from the sea in Reading, St James on Friday morning is believed to be a popular social media personality. While the authorities have not confirmed her identity, social media has been littered with expressions of condolence by fans and other users. “We are awaiting persons to officially identify…

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]