ceo - Cape Town, South Africa - Agora Microfinance

Agora Microfinance
Agora Microfinance
Verified Company
Cape Town, South Africa

1 week ago

Thabo Mthembu

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Thabo Mthembu

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Description

Chief Executive Officer
Greenfield microfinance institution - Cape Town, South Africa


About us:

We are a leading microfinance investor-operator group, based in the Netherlands. We finance, create, and build socially focused and financially sustainable microfinance institutions in Africa and Asia.

Over the past 10 years, we have built a strong track record of establishing impactful financial institutions that deeply connect with the laws and society of the countries they serve.

Our mission is to advance financial inclusion by financing viable informal livelihoods in underserved communities.

Our subsidiaries have received numerous awards and investments from social investors due to their significant social impact through financial products and services.


About the role:


Key responsibilities:


  • Develop and execute a comprehensive strategic plan that aligns with our mission and values, focusing on increasing access to finance for the underserved population.
  • Identify new market opportunities, partnerships, and potential revenue streams to drive the organization's growth and impact.
  • Forge strong connections with rural communities in the Eastern and Western Cape, understanding their needs, challenges, and aspirations related to financial products and services.
  • Collaborate with community leaders, government officials, and local organizations to establish trust, credibility, and mutually beneficial relationships.
  • Utilize indepth knowledge of the financial sector in South Africa to create suitable and efficient financial products and services that cater to the unique needs of our target group.
  • Lead by example, fostering a culture of honesty, transparency, and ethical behaviour throughout the organization.
  • Build and lead over time a diverse, collaborative, and intrinsically motivated team with a culture that encourages accountability and continuous learning.
  • Oversee budgeting, financial planning, and resource allocation to achieve sustainable growth and maintain a balance between social impact and operational efficiency.

Eligibility criteria:


  • A minimum of 7 years of leadership experience, ideally in the financial services sector, microfinance, or community development.
  • Master's degree in business, finance, economics, or a related field (MBA preferred but not essential).
  • South African citizenship or residence.
  • We require a motivation letter for this position and a resume

Key competencies:


  • Demonstrated understanding of the challenges faced by rural communities in South Africa and the ability to empathize with their needs.
  • Strong business acumen, with a track record of driving successful strategies and achieving results.
  • Excellent communication and negotiation skills to build and maintain relationships with diverse stakeholders.
  • Resilience and adaptability to navigate complex social and economic landscapes.

Working conditions and benefits:


  • This is a fulltime position based out of Cape Town with initial lending activities being rolled
- out within the Eastern and Western Cape.

  • We offer a competitive salary and benefits package and the opportunity to work in a dynamic environment.
  • While carrying out your responsibilities, you will have the backing of a small team at the holding level. Most of this support will be provided remotely, with direct assistance available from the Group COO, who is situated in Cape Town.
Application Deadline: 2024/05/17

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