Job Title: Chief Executive Officer – (1 Position)
Salary Grade: UDBL 1
Location: Head Office
Reports to: Board of Directors
Supervises: Director Human Resources & Administration, Director Finance; Director Development Finance; Bank Secretary; & Director Management Information Systems and the entire UDBL Staff indirectly.
Basic Function
To design, develop, lead the implementation of the Bank's strategic plan, and manage the Bank's resources so as to provide shareholder value, profitability and affordable consumer services countrywide.
Major Activities of the Job
Bank Strategic Direction
Develop and coordinate implementation of Bank’s vision, mission, core values and principles that are in line with the Bank’s objectives
Draw up strategic plans for the Bank in line with the mission statement of the Bank.
Link and adapt the Bank's operating environment to the business plan in order to achieve its goals.
Shareholder obligation fulfillment
Monitor compliance and report to the Board
Liaise with the Board and follow up on meeting Bank objectives.
Stakeholder Management
Provide policy direction in establishing and implementing sound marketing strategy that creates competitive positioning of the organization in line with the approved strategic plan
Establish linkages and create positive image with other entities in compliance with the statutory and regulatory requirements.
Establish and maintain effective formal and informal links with major customers, relevant government departments, agencies, local authorities, key decision makers and other stakeholders.
Present the annual report, business plan and financial statements of the Bank for approval by the Board.
Board of Directors
Liaise with the board members to draw the agenda for the Board meetings
Ensure that matters presented to the Board for review are of acceptable standard, adequately presented and are submitted on time
Provide information and /or allow board members access to staff in order to gain information relevant for decision making
Ensure that the Bank's management information system is capable of meeting the directors’ needs.
Provide ongoing advice and necessary information to Board members on business issues.
Day to day operations of the Bank
General
Build the Bank’s Reputation as an efficient, profitable, customer – focused Institution and a leader in Development Financing.
Monitor and evaluate performance of the Bank in accordance with the contractual, legal and regulatory obligations
Ensure the adequate performance of the Bank's portfolio
Co-ordinate the preparation and printing of annual report
Monitor and supervise individual directors’ and relevant managers’ performance
Liaise with government bodies and contractual partners to ensure constant information flow
Supervise the implementation of the strategic plan, financial plans and budgets.
Direct the development and implementation of the performance management system in the Bank
Act as an accounting officer for the Bank as per the Bank policy and procedures
Be responsible for the management of the procurement function of the Bank through the Contracts Committee and the Procurement and Disposal Unit (PDU)
Represent the Bank in negotiations with customers, suppliers government departments and other key contacts to secure the most effective contract terms for the Bank
Risk Management
Guide the risk management team on integrated risk management
Supervise the implementation of safety and risk frame work in the Bank.
Provide guidance and ensure development of risk management strategy
Integrate risk management in all Bank decisions
Interpret the environment regulations relevant to the Bank and advise management on the way forward
Provide support to the risk management team to ensure the successful implementation of their program
Arrange for a risk management audit once in two years.
Human Resources Support
Identify development gaps in all direct reports
Discuss developmental and training needs with direct reports
Arrange for appropriate training and exposure interventions
PERSON SPECIFICATION
Minimum Education: Masters degree in any of the following fields: business administration, project management, commerce, finance, economics, or statistics specializing in fields such as banking, finance, Economics, accounting,
Minimum Experience: Ten (10) years in a managerial position in a financial Institution.
Skills / Competencies Required
Analytical and problem –solving skills
Good report writing skills
Good communication skills.
Knowledge of management philosophies
Business understanding
Good managerial / supervisory skills.
Knowledge of HR processes, e.g. performance management, disciplinary processes, etc.
Good interpersonal skills
UGANDA DEVELOPMENT BANK
15A Clement Hill Road, Ruth Towers
P.O.Box 7210, Kampala
Telephone: 256(41)4355 550/4355 555.
Fax: 256(41)4355556,
Tele: 61143
Web site; www.udbl.co.ug Email address: info@udbl.co.ug
