Independent Non-Executive Director (For a PwC client)

Full Time Greater Accra PWC

The Company
Our client is a financial services institution with the objective of increasing access to finance for Ghanaian enterprises, particularly small and medium enterprises (SMEs). Our client also provides wholesale financing/lines of credit and partial credit guarantees to eligible financial institutions.

Roles & Responsibilities
The Independent Non-Executive Director would be a member of the Board of Directors and provide strategic leadership and direction to the Bank, overseeing the development of strategies consistent with the Bank’s mandate, policies and plans. The role also oversees regulatory compliance and ensures financial viability of the Bank.

Strategy and policy formulation

Provide a clear vision for the institution that is aligned with national economic development agenda and define strategic goals, objectives and value systems to realize it
Review and approve an Institutional strategy and a business plan for the Bank, consistent with its national economic development mandate and the need to maintain financial viability
Oversee the establishment and monitoring of sound financial and risk management systems aligned to national, industry and regulatory requirements
Ensure collective accountability of the Board to the Shareholders of the Bank and ensure adherence to all applicable regulatory requirements for Boards (e.g. of the Companies Code 2019, and Bank’s Guidelines)
Provide oversight and independent perspectives on the implementation of the Bank’s strategy, vision and policies
Advise management of its responsibilities for the governance of the organisation, its financial stability and the most appropriate use of funds
Overseeing the maintenance of the Bank’s communication and information dissemination policy
Ensures that the Bank submits its mandatory reports in line with regulatory requirements
Oversee continuous improvement and innovation through relevant research and digitisation
Review and approve the overall internal control framework of the Bank and monitor its effectiveness
Requirements
Minimum of 20 years’ relevant experience with Executive Management experience and a blend of exposure in development financing, financial services, governments, and the public sector
A degree in Economics, Finance, Business (e.g. MBA), Accounting, Law, or Engineering
Relevant professional certifications & membership professional associations in Ghana or abroad will be an added advantage
Evidence of previous Board experience in a large sized organization
Demonstrable experience in providing leadership in a financial services organisation in a developing economy
Detailed knowledge and understanding of local, regional economic market forces as well as legal and regulatory environment within the country and sub-region
Ability to provide independent judgement, and to challenge decisions and assumptions made by the rest of the group
Excellent stakeholder engagement, networking, and collaborative skills.
Additional Information
Key Responsibilities

People and Performance Management

Establish performance expectations and review the performance of the Chief Executive Officer
Oversee the design and operation of the Bank’s compensation system, monitor and review the system to ensure that it is aligned with the desired risk culture and risk appetite of the Bank.
Ensure Succession Planning and the appointment, training, remuneration and replacement of Board members and senior management
Provide oversight over leadership of the Bank to ensure that appropriate decisions are made, and corporate assets are used in the best interest of the institution.
Ensure a corporate culture and environment that enables management and staff to carry out the business of the Bank in a professional manner, independent of any undue external influences
Facilitate mobilisation of the necessary resources (i.e. financial, human, material, digital, etc.) to enable the institution to meet its objectives.The Company
Our client is a financial services institution with the objective of increasing access to finance for Ghanaian enterprises, particularly small and medium enterprises (SMEs). Our client also provides wholesale financing/lines of credit and partial credit guarantees to eligible financial institutions.

Roles & Responsibilities
The Independent Non-Executive Director would be a member of the Board of Directors and provide strategic leadership and direction to the Bank, overseeing the development of strategies consistent with the Bank’s mandate, policies and plans. The role also oversees regulatory compliance and ensures financial viability of the Bank.

Strategy and policy formulation

Provide a clear vision for the institution that is aligned with national economic development agenda and define strategic goals, objectives and value systems to realize it
Review and approve an Institutional strategy and a business plan for the Bank, consistent with its national economic development mandate and the need to maintain financial viability
Oversee the establishment and monitoring of sound financial and risk management systems aligned to national, industry and regulatory requirements
Ensure collective accountability of the Board to the Shareholders of the Bank and ensure adherence to all applicable regulatory requirements for Boards (e.g. of the Companies Code 2019, and Bank’s Guidelines)
Provide oversight and independent perspectives on the implementation of the Bank’s strategy, vision and policies
Advise management of its responsibilities for the governance of the organisation, its financial stability and the most appropriate use of funds
Overseeing the maintenance of the Bank’s communication and information dissemination policy
Ensures that the Bank submits its mandatory reports in line with regulatory requirements
Oversee continuous improvement and innovation through relevant research and digitisation
Review and approve the overall internal control framework of the Bank and monitor its effectiveness
Requirements
Minimum of 20 years’ relevant experience with Executive Management experience and a blend of exposure in development financing, financial services, governments, and the public sector
A degree in Economics, Finance, Business (e.g. MBA), Accounting, Law, or Engineering
Relevant professional certifications & membership professional associations in Ghana or abroad will be an added advantage
Evidence of previous Board experience in a large sized organization
Demonstrable experience in providing leadership in a financial services organisation in a developing economy
Detailed knowledge and understanding of local, regional economic market forces as well as legal and regulatory environment within the country and sub-region
Ability to provide independent judgement, and to challenge decisions and assumptions made by the rest of the group
Excellent stakeholder engagement, networking, and collaborative skills.
Additional Information
Key Responsibilities

People and Performance Management

Establish performance expectations and review the performance of the Chief Executive Officer
Oversee the design and operation of the Bank’s compensation system, monitor and review the system to ensure that it is aligned with the desired risk culture and risk appetite of the Bank.
Ensure Succession Planning and the appointment, training, remuneration and replacement of Board members and senior management
Provide oversight over leadership of the Bank to ensure that appropriate decisions are made, and corporate assets are used in the best interest of the institution.
Ensure a corporate culture and environment that enables management and staff to carry out the business of the Bank in a professional manner, independent of any undue external influences
Facilitate mobilisation of the necessary resources (i.e. financial, human, material, digital, etc.) to enable the institution to meet its objectives.

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To apply for this job please visit invite.pwc.co.za.

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