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Gaston Browne praised for his leadership on LIAT

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(Dominica News Online) — The current Caricom chairman, Roosevelt Skerritt, who is also the Prime Minister of Dominica, recently commended the Gaston Browne administration for their efforts in keeping LIAT operational. Prime Minister Skerritt expressed his appreciation while returning from the inaugural Saudi-Caricom Summit in an interview with ABS’s Garfield Burford.

“I want to commend Gaston Browne for holding the fort where LIAT is concerned. High commendation must be given to him…but it must require efforts from all of us”, Skerrit said

A few months ago, it seemed like Browne was going it alone at reviving LIAT, and not receiving support from other shareholder governments.

Skerrit admits that “this is where we went wrong with LIAT, too few of us were engaged in LIAT.”

“We have always said that if we allowed LIAT to go under, we would have a problem in the Caribbean and it is manifesting itself now…it is important for us to engage ourselves and play our part in financing a strategy,” he said

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Skerrit admits that the venture would not be easy but he believes with the support from regional governments, LIAT 2020 will be successful.

“I believe there is a greater political will now, on the part of every government so it might be an opportune time for us to invest and find a longtime solution to air travel in the region,” he said

Skerrit also gave a resounding “yes” response to questions about whether Dominica will be investing financially in the new entity.

“Certainly, I believe Dominica is ready to play its part because this is crucial”, he added.

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The Antigua and Barbuda government took the initiative to appoint a court-appointed administrator to save LIAT from liquidation.

Air Peace, Nigeria’s largest private carrier has invested in LIAT 2020 to help get the airline back in operation.

In fact, LIAT 2020 and Air Peace have just inked a deal that grants the Nigerian airline a 75% stake in the new entity.

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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]