Chief Executive Officer (5-yr Fixed-term contract)

SUMMARY:
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POSITION INFO:

Overview:

Organisation:

This organisation the Province’s leading development institution, mandated to promote and facilitate economic development of the Eastern Cape Province and all its people. As a development institution, the organisation supports development through a range of services like financing, business advice services, industrial/commercial property, and trade and investment promotion services in support of Government’s mandate to alleviate poverty and reduce unemployment.  With the head office based in East London, the thriving coastal economic hub of Buffalo City, the organisation has a footprint throughout the Eastern Cape Province.

Position:

Considering the fast pace of globalisation and technology development, a challenging and rewarding opportunity has arisen for an astute and experienced Chief Executive.

Reporting to the Board of Directors on a 5 year fixed term contract, the CEO will be required to provide visionary leadership, strategic focus and achieve the economic development priorities of the Eastern Cape provincial economic development strategy, build effective leadership, ensure compliance with legal and regulatory requirements, management and coordination of economic activities across the Province so that strategies and performance objectives defined in the current Corporate Strategy and Plan are met and exceeded.

Key Performance Areas:

• Attain financial and operational sustainability whilst delivering of the organisation’s mandate.
• Enable a sustainable, development-driven economic growth of the Province, by stimulating activity in selected sectors and all geographic areas.
• Lead on matters relating to the 4th Industrial Revolution, Innovation and digitization.
• Manage Strategic stakeholder relations across the board.
• Formulation of policy and contribution to the Board of Directors.
• Ensure that relevant government strategies relevant to the mandate of the organisation are fully implemented and integrated in the offerings.
• Offer strategic leadership, executive management, responsible entrepreneurship, ambassadorship, and statutory compliance.
• Ensure that the Corporation’s strategies, policies, procedures and resources are effectively and efficiently planned and implemented to comply with the requirements of the PFMA and the organisation’s Act.
• Ensure that skills development for corporate and business unit staff is effectively initiated and implemented, in order to optimize capacity and core competencies.
• Identify and secure key strategic and operational alliances for the Corporation in the public, private and developmental sectors.
• Provide leadership to ensure operational efficiency and effectiveness
• Oversee governance, control and legal systems
• Develop and maintain a shared vision and mission amongst management and staff, so that the organization survives and thrives whilst assuming total responsibility for the organisation. 

Minimum Requirements:

Minimum:

• A Masters’ qualification in Commerce / Development Finance
• MBA/ MBL will be an added advantage.
• 10 years of working experience at an Executive level.
• Experience in development finance institutions, lending environment or private sector commercial environment is desirable
• Knowledge of public sector working will be advantageous.

Competencies:

• Able to integrate technology into systems and processes.
• In-depth working knowledge of the property management and development finance industry.
• Extensive experience in management and oversight of multiple departments.
• Knowledge and understanding in the following areas are required namely development finance and strategy, oral and written communications, planning, monitoring and evaluation and governance
• Deep and effective people management and motivation skills
• High degree of financial literacy, budgeting and reporting requirements.