Deputy Director General

Job Posting Organization:
The Asian Development Bank (ADB) is an international development finance institution established to foster economic growth and cooperation in the Asia-Pacific region. Founded in 1966, ADB has grown to include 69 member countries, with 50 of these from the Asia and Pacific region. ADB's mission is to alleviate poverty and promote sustainable development, focusing on creating a prosperous, inclusive, resilient, and sustainable Asia. The organization combines finance, knowledge, and partnerships to achieve its goals, particularly under its Strategy 2030 framework. ADB is committed to providing equal opportunities and fostering an inclusive work environment, encouraging applications from diverse backgrounds, including women and individuals with disabilities.

Job Overview:
The director" style="border-bottom: 1px dotted #007bff !important;">Deputy Director General position at ADB is a senior leadership role within the Private Sector Operations Department (PSOD). The successful candidate will work closely with the Director General to shape and implement ADB's private sector strategy, providing expert policy and technical advice to enhance the quality and sustainability of operations. This role involves overseeing the PSOD's front office staff, managing resources, and strengthening partnerships both internally and externally. The Deputy Director General will also play a crucial role in governance by co-chairing the Blended Finance Committee and occasionally chairing the PSOD Preliminary Concept Review Committee, ensuring that projects align with strategic country strategies and maintain high standards of quality at entry. The position requires a proactive approach to leadership and strategic management, with a focus on achieving measurable results and fostering collaboration across various departments and stakeholders.

Duties and Responsibilities:
The Deputy Director General will have a wide range of responsibilities, including:

• Leadership and Strategic Management: Supporting the Director General in establishing the department's vision and goals, managing long-term strategic issues, and overseeing departmental work plans to ensure quality and achievement of objectives.
• Country Strategy and Programming: Building strong relationships with ADB's resident missions and collaborating with the Director General to develop focused private sector strategies and programs.
• Portfolio Management: Ensuring sound management of the PSOD portfolio, emphasizing operations that yield clear and measurable results.
• External Relations: Developing relationships with ADB's development partners, including other institutions, civil society, and the private sector.
• Internal Relations: Facilitating collaboration between PSOD and other ADB departments, ensuring opportunities for joint work are maximized.
• Department Operations Management: Providing guidance on budget and administrative issues and monitoring the Client Relationship Management plan.

Required Qualifications:
Candidates must possess a Master's Degree or an equivalent university degree, along with specialized experience in similar organizations. A minimum of 10 years of specialized experience relevant to the position is required, with at least 20 years of relevant professional experience in private sector operations, including financial structuring, origination, and portfolio management. Candidates should demonstrate expertise in developing actionable plans and achieving results through evidence-based approaches, as well as international experience in various countries, particularly in emerging markets. Familiarity with ADB's Competency Framework for Managerial Staff at the M2 grade is also necessary.

Educational Background:
The educational background required for this position includes a Master's Degree or an equivalent university degree. In cases where candidates possess extensive specialized experience in relevant fields, this may be considered in lieu of a Master's degree. The emphasis is on having a strong academic foundation that supports the responsibilities of the role.

Experience:
The position requires a significant level of experience, specifically at least 20 years in relevant professional roles within private sector operations. This experience should encompass areas such as financial structuring, origination, and portfolio management, demonstrating a deep understanding of the private sector landscape and operational dynamics. Candidates should also have international experience, particularly in emerging markets, which is crucial for the role's responsibilities.

Languages:
Proficiency in English is mandatory for this position, as it is the primary language of communication within ADB. Additional language skills may be advantageous, particularly in languages relevant to ADB's member countries, enhancing the ability to engage with diverse stakeholders and partners.

Additional Notes:
This appointment is a fixed-term managerial position, initially for a period of 3 years or until the staff member's Normal Retirement Date (NRD), whichever comes first. After the initial term, there may be opportunities for renewal based on ADB's needs and the staff's competencies. The position is not convertible to a regular appointment, and there are no limits on the number of renewals up to the NRD. ADB offers a competitive salary and comprehensive benefits, including housing and education allowances (if applicable), expatriate benefits, relocation assistance, retirement plans, medical and health benefits, paid leave, and life insurance plans. The organization is committed to hiring nationals from its 69 member countries.