Regional Head, Private Sector Development

Join Our Mission to Foster Prosperity in Asia

Are you ready to make a difference in the future of Asia and be a catalyst for positive change We are thrilled to offer a unique opportunity to become an important part of the prestigious Asian Development Bank (ADB). At ADB our mission is simple yet powerful: to alleviate poverty and promote sustainable development in the Asia-Pacific region.

Organizational Setting and Reporting Relationship

The position of Regional Head Private Sector Development (PSD) is assigned to the Office of the Director General (SAOD) within the South Asia Department (SARD). You will be based at our Headquarters in Manila Philippines and relocation is required. All reasonable relocation expenses will be covered.

You will report to the Director General SARD and will oversee junior team members.

Your Role

The Regional Head PSD is required to perform the following broad activities: i. Act as key contributor to country strategy programming and workplans to promote private sector participation in the regions DMCs; collaboration with Departments in Office of the Vice-President (Market Solutions) and Office of the Vice-President (Sectors and Themes) groups (solutions departments) oversee private sector development (PSD) activities including upstream interventions to establish enabling environment that achieve program outcomes and create pipeline for ADBs midstream (OMDP) and downstream (PSOD) businesses; iii. Support the activities of OMDP and PSOD in the region and countries to maximize success and quality of impact; iv. Support the RD DG on quality assurance on projects from a private sector standpoint; v. Support PSD related knowledge management production and sharing. For purposes of this Job Description PSD includes all activities ADB may conduct that could lead to greater private sector participation including but not limited to reform interventions (through financing advisory TA etc.) in policy and regulation (upstream); project preparation support and advisory (midstream); and nonsovereign financing operations (downstream).

You will:

• Lead in partnership with PSOD OMDP and relevant sector groups the development of country private sector development programs spanning upstream midstream and downstream activities in the region and supports the development of the CPS and relevant country and sector diagnostics from a private sector perspective
• Contribute to the annual programming of projects and other activities for SARD in private sector related areas and in preparing the regional work program.
• Guide the origination priorities of nonsovereign advisory and relevant sector operations in line with the private sector development programs
• Coordinate the allocation of operational resources jointly with the operations coordination head with a focus on private sector and PSD activities
• Support the Director General SARD and regional management team in the definition negotiation and cascading of annual work programs and KPIs of PSOD and OMDP in the region.
• Work with resident missions and solutions departments to identify and execute opportunities to undertake analytical studies and conduct upstream and preparation work to enable midstream transaction advisory and downstream investment opportunities.
• Raise and manage technical assistance and other donor funds to conduct relevant activities.
• Engage with DMC clients and ADB teams to establish priority areas and strategies for PSD support in the region in alignment with private sector development programs and relevant solution departments resources and workplan.
• Review all project concept papers for the region from a private sector development perspective work with regional sector directors and solutions focals to identify opportunities to link ADB sovereign financing to midstream and downstream activities and apply internal criteria on product selection to advise RD DG (and RMT) and CD on appropriate modality (sovereign nonsovereign advisory or a combination) for the project.
• Review OMDP and PSOD pipelines and progress with a view to ensuring that RDs meet their midstream and downstream private sector related targets.
• Support the development of midstream and downstream pipeline opportunities and support solutions teams in conducting operations.
• Support DG SARD in collaboration with PSOD in having a high-level overview of the nonsovereign portfolio in the region and support PSOD in the resolution of region and country specific portfolio issues.
• Support SARD management to fulfill its role in relevant committee deliberations on proposed and portfolio PPP PSD and NSO transactions.
• Act as the official One ADB focal for the regional department Participate in regional knowledge forums conferences and events for external knowledge sharing.
• Guide the activities of RD and RM PSD staff in line with the PSD program and support capacity building and professional development of PSD staff in coordination with OMDPs knowledge function.
• Support DG SARD in any matters relating to private sector as needed.
• Manage the performance of teams and individuals providing clear direction and regular monitoring and feedback on performance.
• Provide coaching and mentoring to team and individuals and ensure their ongoing learning and development.

You will need:

• Masters degree or equivalent in finance economics business administration or related fields. University degree in finance economics business administration or related fields and at least 10 years specialized experience relevant to the position can be considered.
• At least 15 years relevant professional experience in private sector development activities investment or infrastructure banking or transaction advisory. International experience working in development in several countries.
• Proven management and leadership qualities.
• Demonstrated cultural sensitivities and maturity.
• Please refer to the link for ADB Competency Framework for M1.

Benefits

ADB offers a rewarding salary and a comprehensive benefits package. The salary will be based on ADBs standards and comparator markets taking into account your qualifications and experience.

• Housing and education allowance (if applicable)
• Expatriate benefits (if applicable)
• Retirement plan (if applicable)
• Medical and health benefits
• Paid leave (including parental)
• Life and other insurance plans
• Staff development

Additional Information

This appointment is open to internal and external applicants.

This is a fixed-term appointment for a managerial position initially for a period of 3 years or up to Staffs Normal Retirement Date (NRD) whichever comes earlier in accordance with Administrative Order No. 2.01 (Recruitment and Appointment). After the initial fixed-term period ADB may choose to renew the appointment for an additional fixed term period of up to 3 years or allow it to expire. This decision will be made in the overall interest of ADB based on factors including but not limited to ADBs medium- to long-term plans for the organizational unit the relevance of the staffs skills to those plans and the staffs managerial and behavioral competencies. Notwithstanding the length of the initial or any subsequently renewed FT-M the expiration date of any fixed-term appointment will not exceed the Staffs NRD. There is no limit on the number of renewals up to Staffs NRD. However this appointment is not convertible to a regular appointment.

About Us

Asian Development Bank (ADB) is an international development finance institution headquartered in Manila Philippines and is composed of 69 members 50 of which are from the Asia and Pacific region. ADB is committed to achieving a prosperous inclusive resilient and sustainable Asia and the Pacific while sustaining its efforts to eradicate extreme poverty. ADB combines finance knowledge and partnerships to fulfill its expanded vision under our Strategy 2030.

ADB only hires nationals of its 69 members.

To view ADB Organizational Chart please click here.

ADB wants to ensure that everyone is treated with respect and given equal opportunities to work in an inclusive environment. ADB encourages all qualified candidates to apply regardless of their racial ethnic religious and cultural background gender sexual orientation or disabilities. Women are highly encouraged to apply.

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