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Microfinance Bank Chief Executive Officer Job in Nairobi, Kenya - 2015

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Job Title: Chief Executive Officer



Job Code: CEO/U/150526
 



Number of Positions Open: 1



Reports To: Board of Directors
 



Location: Nairobi, Kenya



Closing Date: Open Until Filled

Summary:


Our client is a leading Microfinance Bank who focuses on provision of financial and savings solutions to the SMEs, savings and investment groups, professionals and individuals who are desirous of growth.
   
Job Purpose: The Chief Executive Officer will ensure implementation of the company’s vision, mission, overall objectives and overall strategies. 


Employment shall be for a three years contract. Performance shall be evaluated annually upon which a bonus shall be payable.

 


Primary Responsibilities:


  • Implementing the company’s vision, mission, overall objectives and overall strategies.   

  • Formulating business plan and upon approval by the Board implementing the same to achieve the desired outcome.

  • Providing leadership to the management, motivating and developing personnel and ensuring each person makes the desired contribution to the overall company goal.

  • Developing operational procedures, policies, processes, standards while creating a conducive working environment for the attainment of company objectives within the set timelines.

  • Ensuring full compliance to Central Bank of Kenya banking requirements and the applicable Laws through proactive measures to avoid adverse audit reports or breach of Law that may result in penalties.

  • Overseeing the operation of the business in all respect in accordance with the direction established in the strategic and business plan for the attainment of sustainable key results such as:

  1. Improved and sustainable financial return for the shareholders.

  2. Growth in organizational capacity in multiple areas e.g. core and working capital, human resources, ICT systems, business outlets and market reach.

  3. Command of a fair share of the market and external reputation including any relevant certifications.

  • Close monitoring and continuous evaluation of performance against agreed parameters and targets and making periodical update reports of the same to the Board with a clear action plan on continuous improvement.

  • Ensuring that business risks are effectively managed to protect Company assets from losses or erosion of value.

  • Maintaining awareness of both the external and internal competitive landscape, opportunities for expansion, customer profiling, market surveys, new industry developments and standards.


Education and Experience:


  • University Degree(s) in business related studies.

  • Professional Qualification – Post university certification in Finance, Accounting or Banking.

  • Work Experience – Proven experience in senior management position in banking with emphasis in micro finance.

  • Personality/social attributes – confidence, good leadership skills, ability to network, creative, etc.





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