Open Vacancies at Public Investment Corporation

• The organisation is seeking to appoint a Chief Executive Officer (CEO) who has sound experience in business leadership, with preference but not limited to the financial sector i.e. asset management, funders or investment management - as well as demonstrable knowledge and understanding of governmental regulations, compliance requirements and policy considerations. He/she will have a strong ability to build relationships with multiple key stakeholders, exhibit strong influencing skills, and possess strategic leadership and thinking. The incumbent must demonstrate competence and unquestionable ethical conduct. The PIC is seeking a visionary CEO to take the helm of this prestigious and key player in the South African economy. The CEO will have the rare opportunity to shape the future of asset management in South Africa, have material influence in companies listed on the Johannesburg Stock Exchange and be pivotal to funding private companies poised for growth in our economy, while maximizing returns for our clients. The CEO’s strategic vision and leadership will guide the leadership team to new heights of success, while fostering a culture of collaboration, integrity, and excellence. 
• As a custodian of a sustainable and profitable future for the organisation for the benefit of all its stakeholders, the CEO is accountable to the board and the shareholder for overall business performance by leading the creation and implementation of the group vision and strategy through the leadership of an executive team. Key additional focus areas include strategic networking, continuous improvement, innovation and building and maintaining a robust control environment. 

Key Responsibilities: 

• Develop and execute a comprehensive strategic plan to drive business growth and enhance shareholder value. 
• Strategy development, execution, monitoring and reporting: Improved organizational confidence and ongoing improvement of the organisation’s image and visibility, and play a key role in the diversification of the South African economy. 
• Financial oversight: Achievement of over-arching financial goals and objectives by ensuring sufficient capacity, resources and skills to manage the organisation’s financial position and have clean audits. 
• Business sustainability and profitability: Achievement of growth objectives with evidence of proactive risk management which includes favourable investment returns and increase of assets under management. 
• Internal and external stakeholder engagement: Build and maintain positive market perceptions from clients, investors, investees, analysts, regulators and the shareholder. 
• Operational oversight: Ensure consistent delivery on agreed organisational performance and improving technology enabled operational efficiency. 
• Governance, risk and compliance management: Ensure compliance with all applicable laws, regulations, and industry best practices, and prudent risk management. 
• Leadership of the executive team: build and maintain leadership cohesion and through them engender an organisational culture that supports excellence, integrity, continuous improvement, appreciation of diversity, retention of talent and general improvement of staff morale. 

Qualifications, competencies, skills and experience: 

• Postgraduate qualification would be advantageous. 
• Proven track record of success in senior leadership roles. 
• Strategic, with commercial and financial acumen 
• Stakeholder management. 
• Understanding of financial markets, investment strategies would be advantageous. 
• Knowledge of risk management principles. 
• Strong leadership presence with the ability to inspire and motivate teams. 
• Commitment to diversity, equity, and inclusion in the workplace. 
   

The PIC is an equal opportunity employer, committed to employment equity. Confidential applications enclosing detailed profiles and contact details, quoting PIC CEO, should be sent to [email protected] by Monday 4 November 2024.

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Purpose of the role: 

• As part of the Research and Innovation team, the candidate will support both the Listed and Unlisted teams with the generation of well-researched investment ideas, industry-leading sector knowledge, and strategic initiatives and contribute to growth in assets under management. 

Requirements:

• Post Graduate Qualification (NQF 8) in Commerce, Finance or equivalent relevant qualification. Master’s degree/MBA/CFA would be advantageous. 
• At least 7 years of Relevant Experience as an Agricultural Economist or Agri-Business Specialist. Experience within asset management/banking/DFI with a focus on agri transactions/investments 
• Experience in undertaking research with implications for the agri industry, economy and investments is key. 
• Experience in Implementing research views in investment portfolios 
• High level research innovation and creativity that can translate into investment ideas to be implemented on the PIC Portfolio. 

Duties:

• Produce Industry-leading proprietary research that generates investment views and ideas in agriculture & agri-processing for implementation in the PIC Portfolio. 
• Identify investment opportunities in agriculture & agri-business for unlisted investment divisions. 
• Undertake thematic research and thoughtful leadership pieces to drive investment strategy. 
• Develop and update sector investment strategies for agriculture and agri-business. 
• Undertake market research analysis for unlisted transactions. 
• Monitor risks affecting the agriculture industry and impact of PIC agri investments and portfolio. 
• Support the deal team during due diligence process and in evaluating new potential investments as well as the post-investment teams in value creation initiatives and turning businesses in distress around. 
• Supervising and mentoring senior analysts and research analysts. 

Competencies and skills: 

• Excellent writing and communication skills 
• Excellent presentation skills 
• Industry and sector research 
• Ability to work alone and in a team environment 
• Good time management 
• Performance and results-oriented 
• Ability to deal with pressure/stress 
• Stay abreast with the latest trends in the economy 
• Problem-solving skills 
• Ability to evaluate market intelligence 
• Customer service orientated 
• Management skills 
• Analytical thinker 
• Good understanding of Risk 

Closing Date:

• 31 October 2024 
   

Please forward a copy of your comprehensive curriculum vitae to: [email protected]