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Nane of Vacancy – Sr. Investment Promotion Officer – 110399
Basics
Job #: 110399
Title: Sr. Investment Promotion Officer
Job Stream: Technical Assistance & Advisory Services
Location: New Delhi, India
Close Date: 16-Mar-2011
Background / General description:
Please note that this position is based at Jaipur, India The development of a vibrant private sector is central in promoting economic growth and expanding opportunities for poor people. Research shows that encouraging firms to invest, improve productivity and create jobs requires the right legal and regulatory environment – including protection of property rights, stable access to credit, and ease of starting a business. The World Bank Group s Investment Climate Department (CIC) advises client country governments on improving their investment climate for domestic and foreign investors. The department acts as a focused center of expertise on business environment reform, and collaborates on these critical issues across the World Bank Group (WBG). The Investment Climate Advisory Services (IC AS) team of the World Bank Group is partnering with the Government of Rajasthan in India to help the state promote itself as an increasingly attractive destination for private investment through improvements in the investment climate and infrastructure development. This is approximately a $2 million program over a 3 year period with an indicative start date in August 2010 to promote new investments, create jobs, empower people and support the efforts of social transformation in Rajasthan. Under the agreement, the four primary areas of operation include: 1. Supporting Govt of Rajasthan’s Investment promotion and facilitation efforts, including (i) undertaking competitive benchmarking analysis in select sectors and (ii) review and reforms of the State s investment policy framework; 2. Developing and implementing a targeted investment promotion action plan / campaign 3. Promoting systemic reforms to improve the business regulatory environment in the state; and 4. Supporting the development of PPP projects in the state s infrastructure sectors. The project will also provide institutional capacity building as appropriate to support these four strategic objectives. In addition, the IC AS team is supporting the design and implementation of other flagship programs in the South Asia region that involve working with investment promotion agencies. Notably, under the Bangladesh Investment Climate Facility (BICF), work on sector competitiveness and proactive investor targeting, servicing and aftercare is being developed with the Board of Investment. The successful candidate is also expected to support the private investment generation components of BICF.
Duties and Accountabilities:
The inception phase of the Rajasthan Knowledge Partnership has recently been concluded and implementation of various components with guidance from the Regional Business Line Leader (RBLL) for IC in South Asia began in September 2010. This is 2 years coterminous term position, which will lead the team and manage further development and implementation of the project with guidance from the RBLL the respective IFC Global Product leaders and in close cooperation with the partner organization Bureau of Investment promotion (BIP) and other relevant departments/agencies of the Government of Rajasthan. The Program Manager is expected to undertake, amongst others, the following duties: o As the Program Manager assume responsibility for overall project implementation, including hiring of consultants and firms and satisfy the reporting requirements of the IC team as well as GoR as detailed in the co-operation agreement; o Coordinate and implement, under the guidance of the product GPS, the institutional building and investment promotion components of the program including: o Become familiar with the strategic, organisational and institutional development needs at BIP and manage activities that promote further capacity building in the Agency and possibly other relevant national or regional actors. o Develop and implement a highly professional, proactive and targeted promotional campaign featuring extensive outreach activity aimed at potential new investors. o Develop and implement a strategy focusing on the retention of existing investors, and facilitation of investment projects; and o Support the investment promotion activities of the Low Income States team of India on a need basis from time to time (up to 15% of the time) o Provide oversight to the team (staff and consultants) responsible for development and implementation of the two other components related to regulatory reform and supporting PPPs in infrastructure; o Develop and maintain a network of contacts with other organizations and programs that support private investment and business activities in Rajasthan, including IFC s investment officers as well as Sector Liason teams world over. The selected Program Manager, in close coordination with the RBLL, will also be responsible for the supervision and other staff, including local and international consultants who are/will be part of the project team. As to overall program management activities, the Program Manager will also be responsible for the preparation of regular progress reports on the program s activities and results achieved to donors and will be participating in ensuring sound financial management and record keeping of the expenses incurred by the project in the field. The Program Manager will be supported by the Local Program Co-ordinator also based full time in Jaipur. The selected Program Manager is also expected to provide technical oversight and support to other regional investment promotion and aftercare programs notably in Bangladesh.
Selection Criteria:
The IC team seeks to hire a seasoned professional and experienced Program Manager, with the drive, and commitment required to lead this strategic project to successful completion. The Program Manager will be resident in Jaipur and must have the following background experience and qualifications:
Proven project management skills with extensive experience as a Program Manager on donor funded projects with a track record in the area of investment promotion and
private sector development. Experience working with or for investment promotion intermediaries would be an advantage;
A strong conceptual and strategic ability combined with good communication skills;
A proven track record of successful project implementation and at least 2 years experience in managing an international/local team of experts.
Experience on projects in South Asia, particularly with a focus on India and/or in the key growth sectors identified for Rajasthan would be an advantage:
Extensive knowledge of investment promotion and economic development best practices. Direct experience working with a national/international investment promotion agency (IPA) at senior management level would be considered a strong asset;
Familiarity with management of World Bank Group projects and related procurement procedures. Ability to co-ordinate and supervise all aspects of a World Bank Group technical assistance project.
Possess a relevant tertiary level degree in economics, marketing, regional development, business administration or similar disciplines, and/or professional qualification from a national institution; and
Complete fluency in the English language, including strong speaking, presentation, and writing skills. Local language skills would be an advantage but this will be supplemented by the presence of a full time local program co-ordinator who will act as a deputy to the Program Manager based in Jaipur. No paper mail or faxes please, only shortlisted candidates will be contacted.
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