The African Development Bank hereby invites Individual Consultants to indicate their interest in the following Assignment: “Special Operations Unit Long Term Consultant”.
The Special Operations Unit (‘SOU’) forms part of the SNVP (Senior Vice President) office of the AfDB. The SOU provides specialized knowledge and services to resolve NonPerforming Loans in the Non-Sovereign Operations of the Bank (‘NSO’) including distressed and underperforming investments and assists with the identification and management of investments on the Bank’s watch list.
The SOU’s main responsibility is assessing underperforming and problem investments and leading the restructuring, workout, turnaround or in some cases re-capitalization of companies. The SOU is currently seeking two consultants with expertise in active, handson distressed investment workout and NPL management including financial restructuring, refinancing or other recovery solutions for jeopardy projects as well as potentially distressed investments that preserve to the extent possible, the Bank’s development impact in Africa. SOU undertakes its work either independently or jointly with portfolio management units, with SOU often taking the lead on major and complex underperforming investments and restructurings.
Under the supervision of the Head of SOU, the two SOU consultants will undertake the following:
Excellent oral and written communication skills, in English and/or French, including demonstrable ability to communicate complex ideas clearly and concisely, are preferred for this role
The estimated duration of services is twelve (12) months renewable, based in Abidjan but including considerable time travelling on mission. The estimated starting date is 2nd September , 2019.
Expressions of interest must be received by email at the address below no later than Friday, 31st May, 2019 at 17:00 hours, Abidjan local time and specifically mentioning “Special Operations Unit Long Term Consultant”.
For the attention of: Olivia Adjibi
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