Description
The Complex
The Vice Presidency for Private Sector, Infrastructure and Industrialization is central to the Bank’s mission of developing the private sector, improving infrastructure, and accelerating industrialization.
The complex’s main functions are to:
Strengthen the enabling environment for private sector [and financial sector] development conducive to inclusive growth and sustainable development,
Support the development of reliable and sustainable infrastructure, including cities and urban development, and
Place renewed emphasis on industrial and trade performance in support of structural transformation across Africa.
The Complex leverages knowledge, co-financing, and partnerships to attract private capital and work with governments on delivering the Bank’s development agenda.
The Hiring Department
The primary role of the Financial Sector Development (FSD) Department is to help the Regional Member Countries (RMCs) increase the reach, depth, and breadth of their financial systems, while safeguarding financial stability.
The Department has four long-term objectives:
Development of vibrant financial systems through an inclusive access by households and enterprises to financial services;
Strengthening financial market participants;
Developing efficient capital markets, and
Deepening regional financial integration.
Paired with other Industrialization, infrastructure, and Private Sector complex departments, the FSD Department is responsible for implementing the Bank Group’s Financial Sector Development Policy and Strategy towards vibrant, innovative, robust, and competitive financial systems, both national and regional, and in both the public and private sector levels of RMCs. FSD plays a transversal role across the Bank’s five strategic priorities, applying its financial deepening and access tool kit to the High Five (H5) agenda.
Fundamentally, the scalability and policy momentum inherent in the H5 agenda create an important opportunity for expanded relevance of the FSD core skill-set: flexible financing instruments and delivery frameworks for financial inclusion, smart resource mobilization and capital markets development.
FSD leverages partnerships to bring about greater developmental impact in financial sector development.