Chief Investment Officer (Origination)

The responsibility of the Chief Investment Officer is to ensure the technical strength of the Bank’s activities in support of transactions linked to private sector investments in the energy sector. The main task of the job holder will be to identify business opportunities and execute transactions related to private investments in the energy value chain, as well as process financing instruments through to board approval and financial close of IPP projects and corporate loans mainly.

Under the overall supervision and general guidance of the Division Manager, Financial Solutions, the Investment Officer (Origination) will perform the following:

1. Coordinate the delivery of flagships as relevant to ensure delivery of the Mission 300 objectives.
2. Lead/Participate in the structuring of projects involving public and private sector participation (e.g. in the form of IPP, project finance operations and corporate loans) in close coordination with Hub teams, Power Systems, Renewable Energy and Energy Efficiency Teams and regional Non-Sovereign Operation Leads
3. Work across the energy value chain and be involved in new business processing until funding is secured.
4. Lead/contribute towards developing a strong pipeline of good quality investment opportunities through anticipating market trends and employing sector/country knowledge.
5. Evaluate, structure, negotiate, and close new transactions, portfolio restructurings, leasing, capital markets solutions etc.
6. Develop innovative and appropriate financial structures for complex transactions.
7. Lead/participate in negotiation of finance documentation, develop financial solutions and overcome bottlenecks in the transaction life cycle.
8. Lead negotiation of (i) finance documentations including but not limited to Common Terms Agreement, AfDB Facility Agreement, Equity Subscription and Subordination Agreement, Account Bank Agreement, etc; (ii) project documents including but not limited to Concession Agreements, Power Purchase Agreements; (iii) contracts including but not limited to Engineering Procurement and Construction (EPC) Contracts, Operations and Maintenance (O&M) Agreements, Fuel Supply Agreements, etc.
9. Demonstrate a thorough understanding of the energy value chain including utilities, energy markets, major operators and technologies.
10. Develop a good understanding of project and concession financing, tendering of IPP projects, policy issues, license conditions, tariff regimes, and collaborate on these matters as appropriate with sector policy specialists and government regulators and officials.
11. Build and maintain strong relationships with clients, especially regional IPP developers and sponsors, utilities, private equity funds, banking and multilateral partners, advisors and government officials to develop specific investment opportunities.
12. Support/advise and when necessary, lead the evaluation, structuring, negotiation of new transactions.
13. Proven experience in coordinating lenders under a lead arranger mandate will be a bonus.
14. Wield an appreciation of applicable capital markets and leasing solutions that may be employed in financing the energy sector.
15. Lead/Participate and manage project teams, mentor and develop junior staff.
16. Perform any other duty assigned by the Division manager or Director.

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