Who we are
Islamic Development Bank (IDB) is a Multilateral Development Bank established in 1973 with the purpose of fostering economic development and social progress of its member countries and Muslim communities in non-member countries in accordance with the principles of Islamic Finance. The IDB remains amongst the most highly-rated MDBs and the highest in the Muslim World. The ‘AAA’ rating enhances the Bank’s financial capacity to fulfil its development mandate and play a leading role in the development of the Islamic Finance Industry.
Role Purpose
- To provide strategic direction, motivational leadership and operational oversight for the Treasury Department. Determine the strategy for the Treasury Department, set and deliver ambitious objectives that enable IDB achieve its goals, and direct the related operational decisions/responsibilities.
- To set objectives to mobilize necessary resources, preserve capital / liquidity and optimize returns in accordance with Shari’ah principles, and as per IDB applicable policies and regulations.
Key accountabilities and activities:
- Lead the formulation, development and implementation of the Treasury Department strategy in support of IDB’s goals and in response to emerging trends or client/customer needs.
- Develop, implement and monitor the Treasury Department’s business plans, KPIs, budgets and objectives.
- Identify opportunities and champion initiatives that enable the Treasury Department to increase its impact or to deliver innovative and differentiated services, encouraging Department members to fully contribute.
- Ensure the Treasury Department works effectively, proactively and with urgency across IDB Group and externally to ensure the delivery of joint services/results that meet IDB’s interests.
Academic and Relevant Experience Requirements:
This role reports to the Vice President Finance and CFO and require a minimum of 15 years of proven leadership and relevant experience; an advanced degree in a related field of study or a relevant bachelor degree with considerable experience in similar role in public/private/multilateral sectors is also required. Fluency in English is required.
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