Chief Executive Officer (Maseru, Lesotho)
A Financial Services corporation that provides Long-term (Life and Health) Insurance Products, is seeking a Chief Executive Officer on a Permanent basis in Maseru, Lesotho.
N.B. Applicants must be Lesotho Citizens and have the right to work in Lesotho.
Position Overview:
The position is responsible for the direction, coordination and evaluation of all business operations within Lesotho, in accordance with the organisation’s policies and all applicable regulatory laws.
Key Responsibilities:
- Act as an advisor to the Lesotho Boards, and provide critical advice on industry and market issues that are likely to impact the business and ensure efficient co-ordination and execution of the Boards’ and the company’s turnaround mandate to Management;
- Develop strategic and annual business plans and budgets for the Lesotho businesses and present to the Board of Directors for approval;
- Direct and drive the turnaround strategies for the Lesotho businesses in a manner that will optimize achievement of the business goals and objectives, and result in increased shareholder value;
- Be accountable for the management and performance of all of the company’s businesses in Lesotho;
- Formulate and implement corporate policies (adhering to good corporate governance), operational procedures and financial controls;
- Manage the day-to-day activities of the business to meet financial profitability and related objectives;
- Adhere to statutory reporting and other regulatory requirements;
- Keep the Board and Africa team appraised and informed of all important matters pertaining to the effective operation of the Lesotho business
Minimum Requirements:
- Post-Graduate tertiary qualification (BCOM and/or MBA);
- 10+ years of executive management experience;
- Must have a solid, in depth understanding of the Insurance / Financial Services business environment, processes, legislative and industry requirements;
- The successful candidate must be a Mosotho;
- The successful candidate must qualify to be appointed to the Board of Members in Lesotho;
- The candidate must meet all regulatory requirements.