CDC is the UK’s development finance institution and impact investor. The world’s first DFI, for over 70 years, we have invested in the most challenging markets of Africa and Asia, with the aim of supporting economic development. With the Foreign, Commonwealth and Development Office (FCDO) as its sole shareholder, CDC has net assets of £6.4 billion and a portfolio of £4.7 billion, managed by its talented team of 480 professionals across London and nine international offices.
CDC helps solve the biggest global development challenges by investing patient, flexible capital to support private sector growth and innovation. It takes an entrepreneurial approach to investment, thinking innovatively about ways to deploy capital, attract and mobilise other investors, and drive transformational impact. All its returns are reinvested into more businesses to generate impact. It invests for clean and inclusive growth, underpinned by our ambitious climate change strategy – committed to achieving net zero emissions across our portfolio, by 2050.
CDC is now looking to appoint a new Non-Executive Director and Chair of our Development Impact committee, with the experience and the calibre to enhance the current Board. They will bring their expertise to champion development impact and sustainability, exercising oversight on how CDC defines and meet its objectives and creates transformational impact in markets and economies. Working closely with the Chief Impact Officer they will ensure that the Development Impact committee has oversight of material development impact, environmental and social risks, and opportunities and that CDC is equipped with the right systems, processes and resources to deliver its impact objectives.
Candidates will bring extensive knowledge and experience of development impact in either development finance institutions, impact investing, banking, or other financial services along with knowledge and understanding of climate change and sustainability, gender lens investing and the monitoring, measurement, and supervision of these areas. An understanding of global best practice in ESG and responsible investing more broadly in emerging markets is also a requirement. Candidates should preferably be UK based and/or very regularly be in London.
CDC places immense value on diversity within its organisation and encourages applications from the broadest range of backgrounds. The Chair of the Development Impact committee is a certified individual under the SMCR regime, and their position requires annual Board and Shareholder approval. This is a public appointment which will be made by the company’s shareholder, FCDO, in accordance with the requirements of the Governance Code on Public Appointments which is regulated by the Office of the Commissioner for Public Appointments.
Saxton Bampfylde Ltd is acting as an employment agency advisor to FCDO on this appointment. For further information about the role, including details about how to apply, please visit www.saxbam.com/appointments using reference XAOADA. Alternatively, telephone +44 (0)20 7227 0880 (during office hours). Applications should be received by noon on Monday 29th March.