EQUATORIAL COMMERCIAL BANK MANAGING DIRECTOR

Equatorial Commercial Bank Managing Director
April 1, 2015 Job Description
Top Executive Recruitment: Managing Director
Our client, Equatorial Commercial Bank (ECB) provides a comprehensive package of financial services and products, tailored to suit their clients’ requirements while keeping their procedures simple and rates competitive.
Its goal is to offer specialized services by using a professional approach, which in turn will build long-term relationships with their clients.
At ECB, creating good customer relations is a vital part of their business strategy.
Established as a finance company in 1983, ECB commenced operations as a fully-fledged commercial bank in 1995.
In 2010, ECB merged with Southern Credit Banking Corporation, creating a new enlarged bank under the ECB brand.
The merger gave ECB critical mass to further develop and grow in a dynamic and competitive market place.
ECB is currently looking to fill the position of Managing Director to provide executive leadership and direction to the organization, guiding it to be the leading retail and SME Bank in Kenya.
Key responsibilities will include:
Formulating and implementing the Bank’s vision, mission and strategic direction in consultation with the board of directors where necessary;
Leading in the development, implementation and evaluation of the Bank’s strategic plans in line with shareholder expectations;
Undertaking regular and appropriate Financial/Investment management and reporting to the board of directors on the performance of the Bank;
Building relevant organisational capacity to delivery on strategy by leading, guiding, directing and evaluating the work of other executive leaders;
Optimising returns to shareholders through operational growth and effective capital management;
Achieving operational results for all key metrics in line with the annual business budget and plans;
Ensuring operating procedures and controls are established and communicated to solidify management control and direction of the organisation;
Maintaining awareness of the external and internal competitive landscape, opportunities for expansion, customers, new markets and new industry developments;
Developing business models to secure long term business positioning to ensure the Bank’s success;
Building leadership team and ensure adequate succession planning throughout the organisation;
Building internal and external strategic partnerships while liaising with relevant stakeholders to ensure that the Bank operates in a conducive environment;
Ensuring compliance with applicable statutory and regulatory requirements and establishing mitigation measures against emerging business risks;
Formulating and implementing best-practice management principles while fostering a corporate culture that promotes ethics and sound corporate governance;
Maintaining a conducive work environment, suitable for attracting, developing and retaining a dynamic and competent workforce; and
Ensuring effective public relations and enhancing the company’s corporate image with all stakeholders and partners.
Key qualifications, knowledge and experience required:
A Master’s degree in a Business related field;
Professional qualification in CPA(K), ACCA, or CIMA and Certificate in corporate governance;
At least 10 years’ experience at executive management level within the banking industry in a large and complex organisation;
Excellent understanding of the commercial and financial services business;
Good financial management and reporting experience;
Demonstrated record of revenue and profit growth and new business development experience;
Excellent leadership skills particularly in strategy formulation and execution;
Highly innovative, performance and results driven coupled with good business acumen;
Excellent interpersonal, negotiation and conflict management skills; and
Excellent communication and stakeholder management skills.
How to Apply
If you believe your career objectives match this exciting role, please submit your application with a detailed CV stating your current position, current remuneration level, email, telephone contacts and quoting the relevant reference number (Ref: ECB – CEO – 04/01/S) to reach us on or before 24 April 2015 addressed to:
The Director
Executive Selection Division
Deloitte Consulting Limited
Deloitte Place, Muthangari
Nairobi, Kenya

Email: esd@deloitte.co.ke