Division Director - North Africa and Horn of Africa

Job Posting Organization:
The International Finance Corporation (IFC) is a member of the World Bank Group and is recognized as the largest global development institution focused on the private sector in emerging markets. Established to foster economic development by promoting private sector investment, IFC operates in over 100 countries worldwide. The organization leverages its capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2025, IFC committed a record $71 billion to private companies and financial institutions in developing countries, demonstrating its commitment to mobilizing private capital and creating a world free of poverty on a livable planet. For more information about IFC's mission and operations, visit www.ifc.org.

Job Overview:
The Division Director for North Africa and Horn of Africa will play a pivotal role in leading the division's efforts to enhance the private sector's contribution to economic development in the region. This position is based in Cairo, Egypt, and reports directly to the Regional Vice President for Africa. The Division Director will be responsible for managing regional teams across several countries, including Egypt, Morocco, Tunisia, Algeria, South Sudan, Libya, Djibouti, and Eritrea. The role involves overseeing key client and government relationships, managing operations, and driving the business towards achieving the IFC 2030 vision. The Division Director will also be tasked with leading business development initiatives, ensuring that IFC's investment and advisory programs align with the objectives of the WBG Country Partnership Frameworks (CPF) in the region.

Duties and Responsibilities:
The Division Director will have a comprehensive set of responsibilities, including:

• Leading the development of WBG Country Partnership Frameworks (CPF) in collaboration with IBRD/IDA Divisional Directors and MIGA counterparts.
• Coordinating with relevant departments to meet IFC investment and advisory program targets that support CPF objectives.
• Building and maintaining relationships with private sector clients, governments, investors, and regional development banks to facilitate business development.
• Overseeing IFC’s investment and advisory portfolios to maximize additionality, development outcomes, and contributions to the WBG scorecard while ensuring financial sustainability and effective management of environmental, social, reputational, and other non-financial risks.
• Collaborating with Credit Review Committees and the Independent Evaluation Group to ensure regional projects align with WBG standards and ethical practices.
• Representing IFC in WBG Regional Coordination Mechanism (RCM) meetings and ensuring effective knowledge sharing.
• Developing and strengthening IFC’s brand in the region and supporting external fundraising efforts.
• Serving as an active member of the IFC’s Regional Management Team and contributing to corporate initiatives.
• Providing visionary leadership and effective management of the divisional team, fostering a high-performance culture. 1
• Managing the divisional budget to ensure strategic priorities are appropriately resourced while maximizing operational efficiency.

Required Qualifications:
Candidates must possess a strong alignment with the World Bank Group's core values and demonstrate unquestionable integrity and a commitment to excellence and accountability. The ideal candidate will have an advanced degree in a relevant field such as Business Administration, Finance, or Economics, along with a minimum of 15 years of relevant experience. Strong people leadership skills are essential, including the ability to manage a large and diverse team in a dynamic, multicultural environment. Candidates should also demonstrate the ability to make decisions, take accountability, and hold others accountable for performance. Collaboration and innovation skills are crucial, as is the ability to work effectively in a complex organization and cultivate relationships both internally and externally.

Educational Background:
An advanced degree in a relevant field such as Business Administration, Finance, or Economics is required for this position. This educational background is essential to ensure that the candidate possesses the necessary theoretical knowledge and analytical skills to navigate the complexities of the role effectively.

Experience:
The position requires a minimum of 15 years of relevant experience in the field. Candidates should have a proven track record of business delivery, investment experience, and sound business judgment. Experience in managing client relationships, business development, and pipeline management aligned with regional priorities is also essential.

Languages:
Fluency in English is mandatory for this position, as effective communication with external stakeholders and clients is crucial. Proficiency in French is preferred and would be considered an asset, enhancing the candidate's ability to engage with a broader range of stakeholders in the region.

Additional Notes:
This position is an international recruitment opportunity with a term duration of 4 years. The role is full-time and involves significant leadership responsibilities within the organization. The World Bank Group offers a comprehensive benefits package, including a retirement plan, medical, life and disability insurance, and paid leave, including parental leave. The organization is committed to diversity and inclusion, ensuring equal opportunities for all candidates regardless of gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.