Background / General Description
Established in 1944, the World Bank Group (WBG) is one of the world’s largest sources of funding and knowledge for development solutions. In fiscal year 2017, the WBG committed nearly $61.8 billion in loans, grants, equity investments, and guarantees to its members and private businesses. The Bank’s Board approved approximately $42.1 billion in financial assistance, comprising about $22.6 billion in IBRD lending and about $19.5 billion in IDA support.
The institution is governed by 189 member countries and delivers services out of 120 offices with more than 10,000 staff located globally. The WBG consists of five specialized institutions: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for the Settlement of Investment Disputes (ICSID). The World Bank is organized into six Regional Vice-Presidencies, several corporate functions, and thirteen Global Practices (GPs) organized under 3 Practice Groups (Sustainable Development, Economics, Finance and Institutions and Human Development) as well as five Global Themes, organized under a Vice Presidency, to bring best-in-class knowledge and solutions to clients.
The 13 Global Practices at the World Bank are: Agriculture; Education; Energy and Extractives; Environment and Natural Resources; Finance, Competitiveness and Innovation; Governance; Health, Nutrition and Population; Macroeconomics, Trade and Investment; Poverty and Equity; Social Protection and Labor; Social, Urban, Rural and Resilience; Transport and Digital Development; and Water. The 5 Global Themes are: Climate Change; Fragility, Conflict and Violence affected Countries; Gender; Knowledge Management; Infrastructure, Public-Private Partnerships & Guarantees Group. The Practice Groups and the Global Themes Vice Presidency (GGTVPU), in concert with the Regional Vice-Presidencies, design solutions that address clients’ most pressing developmental challenges to achieve the twin goals by 2030: (1) End extreme poverty by decreasing the percentage of people living on less than $1.90 a day to no more than 3%; and (2) Promote shared prosperity by fostering the income growth of the poorest 40% for every country.
The GGTVPU Vice Presidency was established July 1st, 2017, to position the Bank to better deliver on global development priorities that involve several GPs and in many cases, IBRD/IDA, IFC, and MIGA. Bringing these Global Themes Groups together under one umbrella also supports effective delivery of our policy commitments and targets under IDA18 and allows for closer links between these groups in areas such as innovative finance, the key element of which is the WBG-wide Maximizing Finance for Development (MFD) initiative, which involves leveraging the private sector and optimizing the use of scarce public resources in a way that is fiscally, environmentally, and socially sustainable,
The Global Themes Vice Presidency plays a critical role in the delivery of global development priorities and in supporting Global Practices in translating these into development impact in our member countries. The Global Themes Vice Presidency consists of five groups:
• Infrastructure, Public-Private Partnerships & Guarantees (IPG): The IPG Group supports Global Practices in the design, financial structuring and implementation of infrastructure investments and PPPs, and in putting in place regulatory and institutional structures that support PPP programs. IPG is also the focal point for MFD.
• Fragile, Conflict, and Violence affected Countries (FCV): The FCV Group aims to steer and drive the FCV agenda within the WBG, and to ensure consistency, complementarity, and synergies in approaches across the WBG.
• Gender: The Gender Group is a provider of tested solutions to close gender gaps, through supporting operational approaches to development challenges, improving the evidence base for results, engaging in knowledge generation, and scaling up partnerships.
• Knowledge Management: GOKMU takes the lead in ensuring operational knowledge flows across operations in support of the Bank’s development agenda.
• Climate Change: The Climate Change Group is dually mapped to the Sustainable Development VPU. It supports the implementation of the WBG’s climate change commitments and the Climate Change Action Plan, provides access to climate finance, and mainstreams disaster risk management and the scaling up of our work and lending on adaptation.
Through the coordinating efforts of the IPG Group, the WBG is rededicating itself to maximizing finance for development (MFD) by leveraging the private sector and optimizing the use of scarce public resources while continuing to promote good governance and ensure environmental and social sustainability. These private sector solutions and private sources of finance are best positioned to close the infrastructure services gap where several conditions are met, including strong country ownership, a robust interest from financing parties to invest capital with appropriate risk and reward, a process that is transparent and consultative and a pipeline of viable projects that provide value for money, and address affordability and equity concerns.
IPG provides support, in collaboration with the World Bank Global Practices, IFC and MIGA, through technical assistance, capacity building, project structuring and financial resources along the infrastructure investment cycle, inter alia:
• Upstream through policy advice, institutional capacity building, regulatory strengthening, and infrastructure prioritization and planning;
• Midstream through project identification, preparation and development of the most appropriate procurement mode whether it be public, private or a combination thereof including PPPs, while also ensuring that such infrastructure is provided in a sustainable and resilient manner; and
• Downstream by structuring alternative options to public finance and by deploying financial instruments of the WB, including WB Guarantees, to mobilize finance, while ensuring financial and technical sustainability of appropriate financial solutions
The IPG Group is made of the following units which collaborate closely together and which have been structured to align with the priorities of the institution, the needs of our clients and the array of technical skills required to bring commercial finance and private sector solutions into the infrastructure space. These units include:
• Financial Structuring & PPPs
• Infrastructure Analytics & Knowledge
• Global Infrastructure Programs (described below), which brings together the Global Infrastructure Facility (GIF), Public-Private Infrastructure Facility (PPIAF), and the Quality Infrastructure Investment Partnership (QII)
The Global Infrastructure Programs Unit has staffed based in Singapore at the World Bank’s Infrastructure and Urban Development Hub, as well as staff in Dakar, Nairobi, and Tokyo.
Global Infrastructure Facility (GIF)
The Global Infrastructure Facility (GIF) is a global platform built on a unique set of strategic partnerships between multilateral development banks (MDBs), client governments and the private sector to address infrastructure finance challenges in a coordinated manner. It is the world’s primary collaboration platform for the preparation and financial structuring of infrastructure projects in emerging markets and development economies (EMDEs). The GIF is designed to provide a new way to collaborate on preparing, structuring, and implementing complex projects that no single institution could handle on its own. The comprehensive project support provided by the GIF draws on the combined expertise of its technical and advisory partners. Funding partners provide financial contributions to the GIF. The GIF partnership is overseen by a Governing Council that supervises strategic programming and funds management as well as the development of operational policies and procedures. It also holds the GIF’s management accountable for delivering on objectives and principles. The Governing Council comprises representatives of funding and technical partners and representatives of emerging markets and developing economies, and is co-chaired by the World Bank Group and a Funding Partner. Housed within the World Bank Group, the GIF Management Unit (GIF MU) plays a central role in driving this partnership forward. The team comprises technical experts with significant private sector experience in structured finance, sector reform, and PPP transactions, and is recognized by both MDBs, client governments and the market for its pragmatic, market-focused contribution to infrastructure development. For more information about GIF please visit http://www.globalinfrafacility.org/.
Public-Private Infrastructure Advisory Facility (PPIAF)
Established in 1999, the Public-Private Infrastructure Advisory Facility (PPIAF) is a multi-donor technical assistance facility financed by multilateral and bilateral donors and housed inside the World Bank Group. PPIAF’s mission is to help eliminate poverty and increase shared prosperity in developing countries by facilitating private sector involvement in infrastructure. PPIAF catalyzes private involvement in infrastructure in emerging markets and developing countries through public-private partnerships as well as commercial financing of sub-national entities. PPIAF provides technical assistance grants to governments to build an enabling environment for PPPs and knowledge grants to create and disseminate public goods and tools in the field of private participation in infrastructure. PPIAF is hosted in IPG Group of the Global Themes Vice Presidency of the World Bank Group. For more information about PPIAF please visit www.ppiaf.org
Quality Infrastructure Investment Partnership (QII)
The World Bank and the Government of Japan (GoJ) have established the Quality Infrastructure Investment Partnership (QII) with the objective of raising awareness and scaling‐up attention to quality dimensions (economic efficiency; safety; environmental and social sustainability; local economic and social contribution; and resilience against natural disasters) of infrastructure in developing countries through financial support for project preparation and implementation, and through knowledge dissemination.
Note: If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 3 year term appointment.
Duties and Accountabilities
The Manager will collaborate across technical, geographic and institutional boundaries to help design and deliver development solutions to a diverse range of clients. The Manager is responsible for:
• Provide a coherent and strategic direction to the 3 global programs in concert with the objectives of the Maximizing Finance for Development (MFD) framework and the Sustainable Development Goals;
• Strengthen the impact of the trust fund facilities through a rededication to the objectives, including improved access, quality and affordability of basic infrastructure services, with sustainability criteria, including the strengthening of environmental, social and governance cross-cutting themes, such as gender-impact, climate co-benefits, and transparency and disclosure;
• Play a key role in bi-annual/annual donor meetings for each trust fund.
Donor Relations & Resource Management
• Design and implement a resource development and donor-relations strategy that supports the MFD framework, the IPG goals and the needs of the of the 3 Global Programs within IPG
• Maintain a positive and constructive relationship with all donors in coordination with trust fund heads;
• Identify potential areas of synergies across the programs;
• Seek efficiency and consistency in the management of the global programs by implementing a plan that integrates the support functions of the global programs, including monitoring & evaluation, communications, reporting, procurement, trustee relations & fiduciary management;
• Bring consistency and complementarity to the cross-cutting functions of the programs, including, inter alia, knowledge, capacity building and support to transaction design.
Managers are accountable for: 1) building high-performing teams with the right skill sets and talent; 2) managing team members performance; and 3) mentoring/ guiding team members on their career paths:
• Manage and lead the global programs heads, assuming relevant supervisory, product development, business development and execution, quality control and fiduciary responsibilities.
• Support IPG management in developing and implementing appropriate strategies for global staffing, deployment, talent and performance management
• Model exemplary WBG leadership values and managerial behaviors and reinforces these qualities in own team and staff.
• Drive and inspire technical excellence within the team and IPG Group by creating an environment of learning and innovation that attracts and develops the best talent reflective of the diversity of our clients.
• Build the profile and impact of the facilities with a strengthened communications strategy, and through outreach and dissemination
• Serve as an effective communicator to various audiences, including key stakeholders, clients, beneficiaries, general public, internal and external partners.
• Advanced university degree in Business, Finance, Economics, Engineering, or related discipline, plus 15 years of relevant experience (see below), or PhD plus 12 years of relevant experience.
• Recognized expertise in the development, design and/or implementation of infrastructure PPPs, in the upstream areas related to regulation, market and financial structure and/or downstream in transaction support.
• Proven experience in designing and implementing a successful organizational strategy that brings together disparate teams.
• Proven experience in resourceful development.
• Experience of working with various types of development partners.
• Experience in living and working in a developing country.
• Work experience with at least one or many of the Global Infrastructure Program donors.
• Outstanding interpersonal, diplomatic and partnership skills and proven ability to work in a collaborative environment with team members and across organizational boundaries.
• Excellent organizational skills and demonstrated ability to lead a wide range of tasks.
• Proven record of management and ability to effectively lead and manage teams and to manage programs with a strategic vision and strong operational focus.
• Record of encouraging a culture of innovation, shared learning, risk taking, and accountability.
• Must be a results-driven, strategic planner and implementer, adept at building consensus in order to move projects from concept to implementation.
• A strong, persuasive, and clear communicator, with excellent writing and oral skills.
• Good understanding of Bank policies, processes and procedures related to trust funds and financing operations.
• Good knowledge of the donor community and excellent networking capabilities.
• High ethical standards and deep sense of fairness.
• Fluency in English required and another language is a plus.
WBG Leadership Values & Managerial Behavior
• Leadership of Self: Role model the change and values for WBG; Demonstrate courage of convictions, ownership and self-mastery within the organization in accordance to our values.
• People Leadership: Lead and inspire staff to perform and deliver for better results; Help others achieve their fullest potential through coaching and mentorship.
• Collaborative Leadership: Be mutually accountable for entire WBG’s corporate targets and success; Work across WBG and with clients and partners to achieve better results.
• Client Solutions Leadership: Be the leading provider of development solutions for country clients; Provide leadership in both knowledge generation and knowledge sharing.
• Decisive Leadership: Take informed risks and make decisions in a transparent manner resulting in transformative impact for clients; Commit to decisions once they have been made.
• WBG 5 Managerial Competencies: Courage of your convictions; Leading Teams for impact; Influencing across boundaries; Fostering openness to new ideas; and Building talent for the future.
• WBG Core Competencies for all staff: Client orientation; Drive for results; Teamwork of collaboration and inclusion; Knowledge, learning and communication; and Business judgment and analytical decision-making.
• General Economic Knowledge and Analytical Skills – Possesses a track record of intellectual leadership and ability to integrate economic-specific knowledge and specific micro/sector fields of expertise; provides quality assurance and assesses technical soundness of work/reports.
• Knowledge and Experience in Development Arena – Influences the design and execution of major policy and/or research initiatives; conceives and promotes innovations in development policies, project design, organization and management to improve operational and sector work.
• Policy Dialogue Skills – Has a track record of conducting effective policy dialogue with country counterparts; communicates and defends difficult issues and positions to senior bank management and government officials.
• Integrative Skills – in-depth understanding of Bank resources in all areas of work in the network, and proven fungibility.
• Infrastructure Public-Private Partnerships – Advanced understanding of Public-Private Partnerships finance and transaction structures; can conduct complex analyses and develop financial and commercial structures.