Project Overview
OVERVIEW
The Board and Management of the Dominica AID Bank have committed to improving its capacity to meet its customers’ needs, and contributing to the implementation of the national development agenda. The Bank has given priority to aligning the bank’s structure to its strategic goals, including filling critical competency gaps; staff training and development; upgrading its IT infrastructure (including its Loans Administration System); and strengthening its operating policies and procedures.
The project supports the AID Bank’s wider institutional strengthening agenda and finances the services of a consultant and interim General Manager to lead:
• A review of the organisational structure, including a determination of adequate staff levels.
• Development and implementation of a strategic plan informed by Dominica’s development priorities.
• Development and implementation of performance benchmarks/key performance indicators with the aim of bringing the Bank’s performance in line with industry norms.
• Staff development.
• Identifying possible sources of funds; and negotiating funding for on-lending and strengthening the Bank.
• A review of the Bank’s lending and risk management policies and procedures and preparation of related manuals.
• Recruitment the successor General Manager.
