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Grenada’s former ambassador removed as CBI marketing agent

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(CMC) — Grenada’s former Ambassador to the Russian Federation, Oleg Firer, has been removed from the list of international marketing agents licensed to conduct business on behalf of the island’s Citizenship by Investment Programme.

“The Grenada Citizenship by Investment Committee advises that Oleg Firer is not a licensed Marketing Agent, nor a registered sub-agent of the Grenada Citizenship by Investment Programme,” said a notice on the updated website of the CBI program.

“He is therefore not authorised to market, promote or disseminate information on the program, nor act on behalf of, or engage with current or potential applicants, or their authorised representatives,” said the Notice which is dated March 28.

According to the CBI website, currently, there are 59 international marketing agents for the CBI program. It is not known when he became a marketing agent.

However, on April 6, 2017, Firer presented copies of his credentials to the Deputy Minister of Foreign Affairs of the Russian Federation Sergey Ryabkov and became the first Ambassador Extraordinary and Plenipotentiary of Grenada to the Russian Federation. On October 3, 2017, Firer presented his credentials to President of the Russian Federation Vladimir Putin.

On February 22, 2022, he was refused entry into Grenada and had his diplomatic passport confiscated by Immigration authorities. His lawyer, Cajeton Hood said that no reason was given to him by immigration officials.

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Grenada changed government on June 23, 2022, and immediately the new Government led by lawyer Dickon Mitchell recalled all diplomats appointed by the former administration of Prime Minister Dr Keith Mitchell.

As of April 1 this year, the island stopped accepting applications to the programs from Russia and Belarus.

These two countries joined North Korea, Iran, and Palestine as States around the world that are banned from participating in Grenada’s CBI program.

Grenada agreed to stop accepting the application as part of its decision to comply with a request from the United States following the February 25 historic US-Caribbean Roundtable on Citizenship by Investment that was held in St Kitts-Nevis.

At that meeting, the participating countries approved six principles for going forward which include suspending applications from Russia and Belarus to the CBI program as well as not to process applications from persons whose applications have been denied in another CBI jurisdiction, by proactively sharing information on denials.

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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]