Location: London, UK
Employment Type: Permanent
Closing Date: 30 August 2019
Background to MedAccess
MedAccess is the first of its kind: a UK-based social finance company with the pioneering mission to make global healthcare markets work for everyone.
MedAccess offers volume guarantees that reduce commercial risk for manufacturers in developing-world markets and thereby enable them to lower their pricing and invest more aggressively in rolling out important new products. In this way, vaccines, medicines, diagnostic tests and medical devices can reach patients far sooner than existing market forces would allow.
MedAccess is the world’s first sustainable financing vehicle built to deliver volume guarantees with speed, scale and professionalism. MedAccess was founded with initial capital of $200 million and a mandate to deliver vastly improved health outcomes for patients in the poorest corners of the globe while preserving and reusing capital to maximise impact. Fuelled by not-for-profit capital rather than aid, we are uniquely able to apply business and investment methods to achieve humanitarian objectives.
At MedAccess we believe that patients in the poorest corners of the globe deserve health outcomes no worse than patients in the wealthiest countries. To achieve this vision, markets must serve all patients equitably, offering rapid and sustainable access to the best possible technologies. Yet in today’s world, real and perceived risks in bringing critical new healthcare technologies to places like Africa and South Asia consistently produce chicken-and-egg dynamics that hinder access to critical products.
MedAccess is a not-for-profit UK company governed by an independent board. MedAccess’ parent company, CDC Group, is the world’s oldest development finance institution (DFI), with 70 years of experience investing in businesses in Africa and Asia. It is wholly owned by the UK Government’s Department for International Development (DFID) and plays a key role in DFID’s private sector strategy to alleviate poverty.
For further information on MedAccess, please see our website: www.medaccess.org
The Development Impact Executive is an exciting role with a recently formed social finance company. As MedAccess grows rapidly in the coming years, the Development Impact Executive will ensure the organization has development impact in line with its strategic objectives and values.
The role involves significant responsibility, encompassing the ability to influence the impact of MedAccess’s various transactions as well as how MedAccess measures and presents the development impact that it has. The role will require a versatile candidate with a broad professional skill base and good judgement. The purpose of role is to help MedAccess measure and monitor its impact both at the transactional and portfolio level.
Provide intellectual leadership in shaping MedAccess’ approach to assessing the socio-economic impacts of its work
Candidate Skill and Background
Please provide a cover letter with your application
Role opened: 01/08/2019
Role closes: 30/08/2019