FSD Africa

FSD Africa intends to appoint one or more Non-Executive Directors to its board. FSD Africa’s purpose is to make finance work for Africa’s future. It helps to strengthen the continent’s financial system so that it’s better able to support green economic development and address the challenges of climate change, poverty, population growth, and unsustainable debt.

Founded in 2012 with a mission to reduce poverty by strengthening Africa’s financial markets, FSD Africa employs a ‘market systems development’ approach, addressing the structural, underlying causes of poverty by enhancing the way financial market systems function. To date, it has successfully catalysed over £1.5 billion of green finance and other forms of long-term, patient capital, with an increasing strategic focus on climate finance and sustainable development initiatives.

FSD Africa is now entering a new, significant period of development. FSD Africa’s new strategy sets ambitious targets for both market-building (new products, new financial infrastructure, new intermediaries, better policy and regulation, etc) and capital mobilisation. FSD Africa aims to mobilise (or catalyse) £10bn in private capital by 2030 of which at least £8bn will be in local currency and £2bn will be for climate adaptation. To meet these significant growth ambitions, FSD Africa has begun to diversify its funding arrangements, albeit with the UK Foreign, Commonwealth and Development Office (FCDO) continuing to play an anchor role. An incoming NED can therefore expect to preside over not just an expansion of FSD Africa’s actions to “deepen” financial markets in Africa (making them more diversified, efficient, competitive, liquid, etc) but also over its transition towards becoming a multi-donor organisation.

Each appointed Non-Executive Director will bring distinctive qualities and perspectives to the board, to complement the existing skills of its current members. Across the new appointments, FSD Africa seeks high level leadership experience and expertise in areas central to its mission, including extensive leadership experience in African financial markets; climate finance, sustainable development and ESG; financial inclusion; financial services and products serving young people in Africa; sovereign debt advisory & government policy; and organisational development in the context of establishing new donor partnerships.

Saxton Bampfylde Ltd is acting as an employment agency advisor to FSD Africa on this appointment. For further information about the role, including details about how to apply, please visit www.saxbam.com/appointments using reference NAJAAE. Alternatively email Belinda.beck@saxbam.com. Applications should be received by 12:00 (GMT) on Wednesday 29^th October.