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UWI annual meeting considers 4th campus, trust fund and other changes

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The annual business meeting of University Council convened on Friday, April 26 at the Teaching and Learning Complex, The UWI St. Augustine Campus.

This meeting, chaired by Chancellor, Robert Bermudez, was attended by representatives of all of the contributing governments, and dealt with a number of matters including reports on the feasibility of the proposal for a fourth landed campus in Antigua & Barbuda, the establishment of a UWI Trust Fund, the appointment of a new Visitor for The UWI and several new senior executive appointments, endorsement of recommendations for the award of honorary degrees and progress report on year one implementation of the University’s Triple A Strategy (Strategic Plan 2017-2022).

The opening session was one of the major highpoints of this meeting of the University Council. It featured the comprehensive report by the Vice-Chancellor, Professor Sir Hilary Beckles.

Entitled Our Reputation Revolution: Promoting the Post IMF Caribbean Renaissance, the report highlighted some of the key successes and milestone achievements of the University in the reporting year 2017-2018.

Among these were the advancement of the University’s global reputation and reach across five continents, and the hemispheric and international validation demonstrated in the recent World Rankings by the Times Higher Education. Vice-Chancellor Beckles also spent some time emphasising The UWI’s next phase and its planning for posterity. He noted, “our stakeholders’ expectation is that the University will intellectually craft the future in a fashion that will impact everyday life across the region. The call is for a precise and intense alignment of public and sectoral desires with our capacity to generate their actualisation.”

The Vice-Chancellor’s presentation aired live on UWItv, making it accessible to all UWI stakeholders—as part of the University’s commitment to transparency, accountability and engagement across all stakeholder groups.

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In its closed session, the meeting of Council considered a diverse range of matters. Among them was the decision to replace the Crown as the Visitor. This follows the November 2018 approval by the Privy Council to have this position filled by an eminent jurist from within the Caribbean region. A key role of the Visitor is to settle UWI disputes with staff or students. The University Council accepted the proposal to appoint Justice Rolston Nelson to the position with effect from May 1, 2019.

The Council also considered the recommendation from the University Finance & General Purposes Committee on the Report of the Technical Taskforce—presented by Co-Chairs, Pro Vice-Chancellors Alan Cobley and Densil Williams—on the proposal to establish a fourth landed campus of The UWI in Antigua & Barbuda. The governments of the campus countries were given time to consider the proposal, and their submissions will be heard at the next meeting of the University Finance and General Purposes Committee, scheduled for May 30, 2019 at Cave Hill, Barbados.

Council also approved the establishment of a UWI Trust Fund as a longer term solution to provide a source of revenue to reduce the existing funding gap of roughly US$70 million annually. The intent, as articulated by the University Grants Committee Chair and Prime Minister of Barbados, the Honourable Mia Mottley, is “to use the interest from the Fund to help sustain aspects of its operations with a view of keeping fees at an affordable level for Caribbean students.”

Other matters dealt with by Council included the approval of recommendations for the conferral of honorary doctorates at the graduation exercises to be held in October/November; and several senior executive appointments, with effect from August 1, 2019.  These include the appointment of:

–          Dr Maurice D. Smith as the new University Registrar, to succeed Mr. C. William Iton.

–          Professor Clive Landis to succeed Professor Alan Cobley as the new Pro Vice-Chancellor, Undergraduate Studies.

–          Professor Winston Moore to succeed Professor Clive Landis as new Deputy Principal, The UWI Cave Hill Campus.

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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]