Summary
Date Posted: Friday, December 16, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Kenya Deposit Insurance Corporation (KDIC) is a statutory institution established under the Kenya Deposit Insurance Act, 2012 (KDI Act, 2012). The Corporation is mandated to provide a deposit insurance scheme for customers of member institutions, to provide incentives for sound risk management and generally promote the stability of the financial system and prompt resolution. Further, KDIC protects depositors against the loss of all their deposits or bank balance in the unlikely event of a bank failure.
KDIC seeks to recruit qualified, competent, result-oriented individual to fill the following vacant position:

DESIGNATION : CHIEF EXECUTIVE OFFICER
JOB GRADE: KDIC 1
REF.NO. |KDIC/CEO/001/2022

Job purpose
The Chief Executive Officer will be responsible for providing strategic leadership in the management of the day-to-day business operations and administration of the Corporation and the execution and communication of the KDIC Board's strategies, decisions, and policies. This is aimed towards realization of its mandate of promoting the stability of the financial system by providing a deposit insurance scheme for customers of Member Institutions (Banks), providing incentives for sound risk management and prompt resolution of troubled banks.

Functions
The functions of the Chief Executive Officer are: -
• The CEO is the Accounting Officer of the Corporation and implements the decisions of the Board and Government policies in a result-oriented and timely manner.
• Overseeing the day-to-day management of the Corporation.
• Initiate and ensure implementation of corporate policies, strategies, and programmes.
• Develop and recommend to the Board long term strategy, work plans, annual operating budgets and establishing proper internal monitoring and control systems.
• Ensuring prudent investment management and accounting of the Deposit Insurance Fund.
• All other functions as advised in the KDI Act, 2012. Refer to the detailed advertisement on the website for more information.

Recognized Qualifications
The following are recognized qualifications for appointment to this position: -
• A Bachelor's degree in the field of either banking, law, finance, accounting, economics, commerce, or insurance qualification from a recognized institution.
• A Master's degree in in the field of either banking, law, finance, accounting, economics, commerce, or insurance qualification from a recognized institution.
• Have at least fifteen (15) years cumulative relevant work experience, ten (10) of which should have been at Senior Management level in a reputable institution.
• Knowledge in policy formulation and procedures of government.
• A Leadership Course lasting not less than four (4) weeks (cumulative) from a recognized institution;
• Professional qualifications and membership of a professional body, in good standing, where applicable.
• Proficiency in computer applications.

Terms and conditions of service
The Chief Executive Officer shall hold office for a term of three years but shall be eligible for re-appointment for one further term.
Detailed application requirements for the position can be accessed from both the KDIC and AMSOL websites: https://kdic.go.ke/careers  or https://www.amsol.co.ke/jobs 

Work Hours: 8

Experience in Months: 180 

Job application procedure

Apply for the position by downloading and filling the bio-data form, attaching a detailed Curriculum Vitae (CV), copies of relevant academic, professional certificates, national identity card or passport and emailing the same to kdic@amsol.co.ke . All applicants MUST download and complete Bio Data Form (in Microsoft Excel) and attach the completed Excel file. Any HANDWRITTEN or SCANNED Bio Data form not submitted as an Excel file will be rejected.

All applications should be received on or before 5:00 pm (East African Time) on Friday 13th January, 2023
Note 1: Only shortlisted candidates will be contacted for interviews.
Note 2: Successful candidates will be required to present the following documents:
• Certificate of good conduct from the Directorate of Criminal Investigations (DCI)
• Tax Compliance Certificate from Kenya Revenue Authority (KRA)
• Clearance Certificate from Higher Education Loans Board (HELB)
• Clearance from Ethics and Anti-Corruption Commission (EACC)
• Clearance Certificate from an Approved Credit Reference Bureau (CRB) in Kenya

The KDIC is an equal opportunity employer, and persons with disabilities are strongly encouraged to apply.
THE KENYA DEPOSIT INSURANCE CORPORATION DOES NOT CHARGE A FEE AT ANY STAGE OF THE RECRUITMENT PROCESS.


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