Chief Executive Officer – Grade 25 (Total Cost to Company) Five(5) Year Fixed Term Contract at Eastern Cape Development Corporation (ECDC)

• Reporting to the Board of Directors on a 5 year fixed term contract, the CEO will be required to provide visionary leadership, strategic focus and achieve the economic development priorities of the Eastern Cape provincial economic development strategy, build effective leadership, ensure compliance with legal and regulatory requirements, management and coordination of economic activities across the Province so that strategies and performance objectives defined in the current Corporate Strategy and Plan are met and exceeded.

Key Performance Areas include:

• Attain financial and operational sustainability whilst delivering of the ECDC mandate.
• Enable a sustainable, development-driven economic growth of the Province, by stimulating activity in selected sectors and all geographic areas.
• Lead on matters relating to the 4th Industrial Revolution, Innovation and digitization.
• Manage Strategic stakeholder relations across the board.
• Formulation of policy and contribution to the Board of Directors.
• Ensure that relevant government strategies relevant to the mandate of ECDC are fully
• implemented and integrated in the ECDC offerings.
• Offer strategic leadership, executive management, responsible entrepreneurship, ambassadorship, and statutory compliance.
• Ensure that the Corporation’s strategies, policies, procedures and resources are effectively and efficiently planned and implemented to comply with the requirements of the PFMA and the ECDC Act.
• Ensure that skills development for corporate and business unit staff is effectively initiated and implemented, in order to optimize capacity and core competencies.
• Identify and secure key strategic and operational alliances for the Corporation in the public, private and developmental sectors.
• Provide leadership to ensure operational efficiency and effectiveness
• Oversee governance, control and legal systems
• Develop and maintain a shared vision and mission amongst management and staff, so that the organization survives and thrives whilst assuming total responsibility for the Corporation.

Qualifications:

• A Masters’ qualification in Commerce/ Development FinancMBA/ MBL will be an added advantage.
• 10 years of working experience at an Executive level.
• Experience in development finance institutions, lending environment or private sector commercial environment is desirable
• Knowledge of public sector working will be advantageous.

Technical competencies:

• Able to integrate technology into systems and processes.
• In depth working knowledge of the property management and development finance industry.
• Extensive experience in management and oversight of multiple departments.
• Knowledge and understanding in the following areas are required namely development finance and strategy, oral and written communications, planning, monitoring and evaluation and governance
• Deep and effective people management and motivation skills
• High degree of financial literacy, budgeting and reporting requirements.
• Comprehensive understanding of project and property management.