Location: London, UK
Employment Type: Permanent
Closing Date: 22 April 2019
Making a world of difference through investment
CDC is the UK’s development finance institution with a mission to invest in the private sector to make a lasting difference to people living in Africa and South Asia. By investing for development impact, CDC aims to improve lives and help countries build thriving economies that can provide sustainable opportunities for all their citizens.
Established for more than 70 years, this is an exciting time for CDC. The UN Global Goals set an ambitious agenda for 2030 and laid down the challenge to the private sector to do more to contribute to a sustainable future. In response to this challenge, the UK Government – the sole shareholder of CDC – has committed £3.5 billion to CDC over the next five years and has made CDC a central part of its future relationship with Africa.
Today CDC has assets of £5.1 billion and a portfolio of £3.9 billion in over a thousand diverse businesses, across 70 countries. Whether it’s investing in the world’s largest solar park in Egypt, investing in a remote agribusiness in the Democratic Republic of the Congo, or establishing a new company to dramatically reduce the cost of medicines, CDC is driven in its mission to be involved in tackling some of the biggest challenges in global development today.
The Corporate Strategy team and role of Corporate Strategy Manager
The Corporate Strategy team works at the centre of CDC. It has three main functions:
1. Core strategy development
The Corporate Strategy team is responsible for developing CDC’s overall five-year strategy, as well as co-ordinating its various components (such as CDC’s sectoral, regional or thematic approaches). In addition, it often provides strategic support or advice to other CDC teams and on ad hoc high priority strategic issues to the CEO, Executive Committee and the Board.
2. Horizon-scanning and R&D
‘Upstream’ of the core strategy development function, the team is developing horizon-scanning capabilities to bring long-term trends and insights to CDC, and R&D capabilities to look into new markets, products or business areas that are not currently part of CDC’s strategies.
3. Corporate strategy execution
‘Downstream’ of strategy development, the team supports the execution of CDC’s overall strategy by coordinating the portfolio of strategic and change projects at CDC and advising on change management.
Some specific examples of recent work by the Corporate Strategy team include:
The Corporate Strategy team reports into CDC’s Chief Executive Officer and works closely with CDC’s Executive Committee and Board. The team engages extensively with all teams across the organisation.
The Corporate Strategy team is growing during the course of 2019 in response to increasing demand on its capabilities, and in preparation for developing the next multi-year strategy at CDC which will start in earnest during 2020.
The role of Corporate Strategy Manager
We are looking for a new senior member of the team to lead the first, core strategy development function. As such this is an exciting opportunity to be at the heart of developing CDC’s next overall multi-year strategy.
The job will see you:
Leading the first, core strategy function will be your main focus for 2019 and 2020, but there will also be opportunities to work across the full remit of the Corporate Strategy team including horizon scanning and R&D work and strategy execution. You are likely to line-manage junior staff in the team and undertake occasional short-term international travel.
The background, skills and aptitude of the successful candidate
You will have extensive and increasingly senior experience of project and strategy-related work in blue-chip institutions in relevant industry settings. These include but are not limited to: strategy consulting, financial services, mainstream investment or development finance or impact investing. There is a strong preference for extensive experience within a commercial and/or investment setting, particularly if that includes development finance and/or emerging markets.
If you are the successful candidate, you are likely to exhibit:
You will be strongly motivated by CDC’s mission and ideally demonstrate some commitment to international development through previous professional or personal activities.
You should be able to demonstrate a good fit with CDC’s culture, which aspires to be:
Please include a one-page cover letter with your application
Role opened: 14/03/2019
Role closes: 22/04/2019