SAARC DEVELOPNMENT FUND (SDF) INVITES APPLICATIONS
FOR APPOINTING A NEW CEO
The SAARC Development Fund (SDF), established in 2005 is the umbrella financial institution of the South Asian Association for Regional Cooperation (SAARC). The SDF Secretariat based in Thimphu, Bhutan undertakes and implements projects and programmes under three windows: Social, Economic and Infrastructure in fulfillment of the greater developmental goals of the SAARC region. Currently the SDF has been implementing nine projects under its Social Window while multiple projects under Economic and Infrastructure Windows are expected to be undertaken soon.
The SDF is looking for a new CEO to lead it at a very challenging time.
KEY RESPONSIBILITIES OF THE SDF CEO ARE:
Will be the chief of the operating staff of the SDF Secretariat and will conduct the ordinary business of SDF under the direction of the Board of Directors (BoD)
Will be responsible for the organization, appointment and dismissal of the officers and staff
Steer SDF’s work, including decisions on investments, loans, guarantees and technical assistance
Will propose the basic organizational structure of the Secretariat including the number of staff and general responsibilities of the administrative and professional positions of the staff to the BoD for approval
Will be the ex-officio member of the BoD
In the discharge of his/ her official responsibilities, the CEO will owe his/her duty entirely to SDF Board
Will be responsible for timely implementation and monitoring of the approved projects in close coordination with the SDF Member States and SAARC Secretariat
Will be responsible for preparing and submitting Annual Report/ Progress Report to the BOD in time
Will be the legal representative of SDF
THE CANDIDATES MUST MEET THE FOLLOWING ELIGIBILITY CRITERIA:
A minimum of fifteen (15) years of proven track record in a financial institution of international/regional/national standing, with at least five (5) years in a senior financial management position
Commendable grasp over the developmental challenges facing the SAARC region
Experience of dealing/working with Government agencies and Social sector
Post Graduate Degree in Finance/Business Management/Economics
An advanced degree in Strategic Business Management would be an advantage
Not over 55 years old on 1 January, 2015
A bonafide citizen of any SAARC Member State (i.e. Afghanistan /Bangladesh /Bhutan /India /Nepal /Maldives /Pakistan /Sri Lanka).
The CEO would be paid a remuneration of US$ 6,000 [US Dollars Six Thousand, (tax-free)] with accommodation, transport and other admissible allowances and benefits as per service rules.
If you meet the above criteria and are confident to take up the challenge of leading SDF at very exciting time please submit your application to: