Regional Head, Private Sector Development

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 is headquartered in Manila, Philippines, and comprises 69 member countries, with 50 of them from the Asia and Pacific region. ADB's mission is to alleviate poverty and promote sustainable development through financial assistance, knowledge sharing, and partnerships. The organization employs a diverse workforce and is committed to creating an inclusive environment that respects and values diversity. ADB operates in numerous countries across Asia and the Pacific, focusing on various sectors including infrastructure, education, and health, among others. The bank's strategic vision is outlined in its Strategy 2030, which aims to achieve a prosperous, inclusive, resilient, and sustainable Asia and the Pacific while eradicating extreme poverty.

Job Overview:
The Regional Head, Private Sector Development (PSD) will play a crucial role in shaping the private sector landscape in the Asia-Pacific region. This position is situated within the Office of the Director General of the South Asia Department (SARD) at ADB's headquarters in Manila. The incumbent will be responsible for leading initiatives that promote private sector participation in developing member countries (DMCs) and will work closely with various departments to ensure that private sector development activities align with ADB's strategic goals. The role requires a strategic thinker who can contribute to country strategies and programming, oversee private sector development activities, and support the quality assurance of projects from a private sector perspective. The Regional Head will also engage with clients and stakeholders to identify priority areas for PSD support and will be instrumental in managing teams and fostering their professional development.

Duties and Responsibilities:
The duties and responsibilities of the Regional Head, Private Sector Development include:

• Acting as a key contributor to country strategy and programming to enhance private sector participation in DMCs.
• Collaborating with various departments to oversee PSD activities, ensuring they achieve program outcomes and create a pipeline for ADB's businesses.
• Supporting the activities of OMDP and PSOD to maximize success and impact.
• Ensuring quality assurance on projects from a private sector standpoint.
• Leading the development of country private sector development programs that encompass upstream, midstream, and downstream activities.
• Guiding the origination priorities of nonsovereign and advisory operations in line with PSD programs.
• Coordinating operational resources with a focus on PSD activities.
• Supporting the Director General and regional management in defining annual work programs and KPIs.
• Engaging with DMC clients to establish strategies for PSD support. 1
• Reviewing project concept papers and advising on appropriate modalities for projects. 1
• Supporting the development of midstream and downstream pipeline opportunities. 1
• Participating in regional knowledge forums and conferences for knowledge sharing. 1
• Managing team performance and providing coaching and mentoring to staff.

Required Qualifications:
Candidates for the Regional Head, Private Sector Development position must possess a Master's degree or equivalent in finance, economics, business administration, or related fields. Alternatively, a university degree in these areas combined with at least 10 years of specialized experience relevant to the position may be considered. Additionally, candidates should have at least 15 years of relevant professional experience in private sector development, investment or infrastructure banking, or transaction advisory. Proven management and leadership qualities, along with demonstrated cultural sensitivities and maturity, are essential for this role. Candidates are also encouraged to refer to the ADB Competency Framework for M1 positions to understand the required competencies.

Educational Background:
The educational background required for this position includes a Master's degree or equivalent in finance, economics, business administration, or related fields. A university degree in these areas, combined with extensive relevant experience, may also be acceptable. The emphasis is on having a strong academic foundation that supports the analytical and strategic aspects of private sector development.

Experience:
The position requires a minimum of 15 years of relevant professional experience, particularly in private sector development activities, investment or infrastructure banking, or transaction advisory. Candidates should have international experience working in development across multiple countries, showcasing their ability to navigate diverse cultural and economic contexts. Proven management and leadership experience is also crucial, as the role involves overseeing teams and guiding their professional development.

Languages:
While the job posting does not specify mandatory languages, proficiency in English is essential given the international nature of ADB's work. Knowledge of additional languages relevant to the Asia-Pacific region may be considered advantageous but is not explicitly required.

Additional Notes:
This appointment is a fixed-term managerial position for an initial period of 3 years, with the possibility of renewal based on ADB's needs and the staff's competencies. The position is open to both internal and external applicants. ADB offers a competitive salary and a comprehensive benefits package, which includes housing and education allowances (if applicable), expatriate benefits, a retirement plan, medical and health benefits, paid leave (including parental leave), and life and other insurance plans. The organization is committed to diversity and encourages applications from all qualified candidates, particularly women.