The African Trade Insurance Agency (“ATI”) is a pan-African multilateral financial institution established in 2001 by African States. ATI was originally launched with the technical and financial support from the World Bank Group and has had more recent support from other institutions including the African Development Bank and the European Investment Bank. ATI has grown into a market leader for risk mitigation in Africa, establishing itself as Africa’s primary trade and investment insurer and one of Africa’s largest Development Finance Institutions with an outstanding portfolio exceeding US$6bn at year end 2020.
ATI provides political and credit risk insurance to companies, investors and lenders doing business in Africa. For over a decade, ATI has maintained an A rating for Financial Strength and Counterparty Credit by Standard & Poor’s, and in 2019 obtained a second A3/Stable rating from Moody’s. ATI’s membership includes African Member States as well as a number of institutional shareholders. Besides its head office in Nairobi, ATI currently has offices in Benin, Côte d’Ivoire, Tanzania, Uganda and Zambia.
ATI, in partnership with Riverhouse Partners, is seeking to recruit a Chief Financial Officer to direct and lead the organization’s financial planning, investments, management and reporting. The incumbent will also oversee the implementation of effective financial management systems and controls to ensure accuracy and reliability of financial reports (refer to the website for detailed description).
The role description and fuller details of the duties are posted on ATI’s website www.ati-aca.org
Qualifications, Experience and other Attributes