Category: Regional News

  • LIAT to go cashless in St. Maarten

    LIAT to go cashless in St. Maarten

    LIAT will implement cashless transactions at its counters at Princess Juliana International Airport, St. Maarten. The cashless transactions will assist in a smoother operation for passengers and staff and will be effective from January 27th, 2022. In wake of the COVID -19 pandemic and as the airline rebuilds its network, LIAT has been reviewing its…

  • Chris Gayle left out of IPL auction

    Chris Gayle left out of IPL auction

    West Indies big-hitter Chris Gayle is among the stars missing from the upcoming auction for the Indian Premier League (IPL). More than 1,200 cricketers from India and 18 countries across the world have registered to go under the hammer in Bangalore on February 12 and 13 for the 15th edition of the world’s most lucrative…

  • PM Browne: BGI Tourism minister’s stance on LIAT severance disingenuous

    PM Browne: BGI Tourism minister’s stance on LIAT severance disingenuous

    POINTEXPRESS: Barbados’ tourism minister, Lisa Cummins, caused a major regional stir last week when she laid blame at the feet of the Gaston Browne administration for LIAT’s former employees being unable to claim severance. In a media appearance last week, the former Barbados Minister of Tourism and International Transport said an “unfortunate” change in legislation…

  • Early research indicate possible efficacy of cannabis against COVID-19 infection

    Early research indicate possible efficacy of cannabis against COVID-19 infection

    Early research is now indicating possible efficacy of cannabis against COVID-19 infection. In Christendom, over the past century, no plant has been studied, researched, and published more than has cannabis. The research is driven by a body of cultural science which speaks to the efficacy of cannabis in mood alteration, pain, nerve, and inflammatory disorders. The…

  • Stop megadosing on Vitamins C, D

    Stop megadosing on Vitamins C, D

    By Kimberley Hibbert People worldwide are stocking up and taking vitamins like never before, with hopes of building their immunity to ward off diseases such as COVID-19. While there’s absolutely nothing wrong with taking daily vitamins and supplements, megadosing might be doing more harm than good. Two supplements that can have detrimental effects on the…

  • OECS Commission congratulates PM Mottley and BLP

    OECS Commission congratulates PM Mottley and BLP

    Director General of the Organisation of Eastern Caribbean States (OECS) Dr Didacus Jules has congratulated Prime Minister Mia Mottley, on her resounding victory in the January 19, 2022 general elections. In his congratulatory remarks, Dr Jules highlighted the Prime Minister’s contribution in advocating for action in relation to the vulnerabilities of Small Island Developing States…

  • Democracy in Barbados fully entrusted to new Mia Mottley government

    Democracy in Barbados fully entrusted to new Mia Mottley government

    By Sir Ronald Sanders (The writer is Antigua and Barbuda’s Ambassador to the United States and the OAS.  He is a Senior Fellow at the Institute of Commonwealth Studies, University of London and Massey College in the University of Toronto.  The views expressed are his own) Rejecting the accusations of bullying and despotism that were…

  • DNA congratulates Prime Minister Mia Mottley on historic victory

    DNA congratulates Prime Minister Mia Mottley on historic victory

    The Democratic National Alliance (DNA) congratulates the Barbados Labour Party (BLP) and Prime Minister Mia Mottley, for another historic and unprecedented victory at the polls on January 19th, 2022. The mandate given to the BLP is an affirmation of the type of governance and leadership style which Mottley brought to the country since 2018. However,…

  • Mia Mottley led BLP wins all 30 seats again in Barbados

    Mia Mottley led BLP wins all 30 seats again in Barbados

    Prime Minister Mia Amor Mottley created history once again with a second consecutive 30-0 victory at the polls. Mottley dismissed the challenge of the Democratic Labour Party (DLP) under the leadership of Verla De Peiza, while the emerging parties, including the coalition Alliance Party for Progress led by former Opposition Leader Bishop Joseph Atherley, did…

  • CAL plane’s windshield cracks mid-air, flight diverted to Virginia

    CAL plane’s windshield cracks mid-air, flight diverted to Virginia

    CNC 3: A “technical issue” forced a Caribbean Airlines flight to be diverted to Norfolk, Virginia, in the United States of America, this morning. BW520 departed Piarco at 11:48 pm and was en route to New York’s John F. Kennedy Airport when cracks developed in the jet’s windshield. Guardian Media understands 111 passengers and crew…

  • ACB Caribbean locations experiencing intermittent service delays due to increase in COVID-19 cases

    ACB Caribbean locations experiencing intermittent service delays due to increase in COVID-19 cases

    Dear Valued Customer, At this time, ACB Caribbean Group locations are experiencing intermittent service delays due to the increase in COVID-19 cases in Antigua & Barbuda and Grenada. As a result, Teller and Customer Service Representative services have been impacted, and the wait time to do business in our branches is slightly longer. Over the…

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]