Regional Industry Director (RID), Manufacturing and Services, MAS 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 promote economic development by encouraging 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, aiming to mobilize private capital and create a world free of poverty on a livable planet. The organization is guided by its Strategy 2030, which emphasizes mobilizing private capital at scale to create more and better jobs, focusing on enhanced origination and mobilization, a differentiated approach to equity, revamped support for micro, small, and medium enterprises (MSMEs), and innovative ways of working that deepen collaboration across the World Bank Group (WBG).

Job Overview:
The Regional Industry Director (RID) for Manufacturing and Services at IFC will play a pivotal role in leading the organization’s engagement across the entire manufacturing and services value chains. This includes sectors such as value-added manufacturing, chemicals (including fertilizers), health, education, tourism, retail, commercial property, housing, and life sciences. The RID will be responsible for delivering both investment services (debt, equity, guarantees, etc.) and advisory services through IFC’s extensive global network. This position requires managing key client and government relationships within the manufacturing and services sectors, overseeing operations, and enhancing sector expertise to improve the quality of the investment pipeline and maximize development impact. The RID will be instrumental in driving the business towards achieving the ambitious goals set forth in the IFC 2030 vision, which aims to create sustainable economic growth and job opportunities in the region.

Duties and Responsibilities:
The duties and responsibilities of the Regional Industry Director include providing strategic leadership to develop and implement IFC’s manufacturing and services strategy and priorities in the region. This involves collaborating with Regional Industry Directors, Division Directors, and Country Managers to focus on job creation, business growth, strong development impact, additionality, and sustainable profitability. The RID will lead and expand the Manufacturing and Services portfolio, ensuring that new business is financially sound, profitable, and developmental. The role also entails strategically positioning the Manufacturing and Services business in Africa by working closely with senior leadership to develop country strategies. The RID will chair Investment Review Meetings, make decisions on investments in the region, oversee Upstream and Advisory engagements, and contribute to the execution of the regional equity strategy. Additionally, the RID will design and implement a business development strategy for manufacturing and services, represent IFC at high-level stakeholder meetings, and supervise Manufacturing and Services Managers and Staff in the Africa region.

Required Qualifications:
Candidates for the Regional Industry Director position must possess a Master’s degree or equivalent in economics, finance, engineering, or business, along with a minimum of 12 years of relevant experience. A strong commitment to the mission, strategy, and values of the World Bank Group and IFC is essential. Applicants should demonstrate a proven track record of business delivery, investment experience, and superior business judgment, particularly in the Manufacturing and Services sub-sectors. Strong knowledge and experience in leading investment decision processes, including the ability to assess and address credit, legal, and environmental/social issues, are required. Candidates must also exhibit excellent written and verbal communication skills, fluency in English, and strong strategic thinking, prioritization, resource mobilization, and teamwork skills.

Educational Background:
The educational background required for this position includes a Master’s degree or equivalent in relevant fields such as economics, finance, engineering, or business. This advanced education is crucial for understanding the complexities of the manufacturing and services sectors and for making informed decisions that align with IFC’s strategic goals.

Experience:
The position requires a minimum of 12 years of relevant experience in the manufacturing and services sectors. Candidates should have a strong background in investment decision-making processes, including the ability to manage credit risk and ensure sustainable business growth. Experience in leading large, dispersed teams in dynamic, multicultural environments is also essential, as is the ability to deliver results under tight deadlines and in high-pressure situations.

Languages:
Fluency in English is mandatory for this position, as it is the primary language of communication within the organization and with external stakeholders. Proficiency in French is preferred, as it may enhance communication with partners and clients in French-speaking regions.

Additional Notes:
The position is a full-time role with a term duration of 4 years. It involves international recruitment, indicating that candidates from various countries may apply. The role is part of the Africa Core Leadership Team (ACLT) and reports directly to the Regional Vice President for Africa. The World Bank Group offers comprehensive benefits, including a retirement plan, medical, life and disability insurance, and paid leave, including parental leave. The organization is committed to being an equal opportunity and inclusive employer, ensuring that all individuals are treated fairly regardless of gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.