Portfolio Director

Brief about EIHThe Ethiopian Investment Holdings (EIH) was established on December 29th, 2021, through the Council of Ministers Regulation No 487/2021. The objectives of EIH include serving as the strategic investment arm of the Government of Ethiopia (GoE) and contributing to sustainable economic development, through the management of its funds and assets, and achieving optimal use of the assets, in accordance with the international best practice and rules to maximize the value for the benefit of current and future generations of Ethiopians. EIH has acquired 27 state-owned enterprises (SOEs) following the decision of its Board of Directors. In line with its mandate, EIH will implement best-practice corporate governance and performance management techniques to ensure the long-term value creation of its subsidiary companies, and in doing so, enable them to attract investment that will help address strategic needs of the Ethiopian economy.?Primary purpose of the roleThe Portfolio director will act as an immediate point of contact for subsidiary companies representing EIH and lead all subsidiary and sector specific portfolio planning, support, engagement, technical advice and appraisal of performances by utilizing the talent pool of EIH and incorporating best in class corporate governance standard or structures and corporate management principles.?Major Duties and responsibilitiesThe role holder is responsible and provides technical advice for EIH team to produce the below deliverables:?Evaluation of performance of assigned subsidiary companies in line with KPIs set by EIH as well as industry specific KPIs. Periodic in-depth analysis of the performance of selected subsidiaries according to industry good practices of corporate governance (board, internal audit, risk management, transparency and disclosure) and professional management (core business and strategy, HR, technology, operations, marketing, etc)Input to the development of tools, template and standards for specific performance drivers of functions (such as risk management, talent, investment policy, etc) of subsidiary companies in collaboration with EIH team. Provide technical guidance to assigned portfolio companies in implementing such tools and standards.Input for the development of a set of priorities for the subsidiaries to improve their performance and transform to match international peers; provide technical guidance to support subsidiary companies implement performance enhancing measures; and help mobilize resources.??Work with selected portfolio companies to provide technical advice for the development of bankable investment opportunities and engage international investors in line with their performance aspirations.?Provide technical support to EIH in areas related to the assigned role.?Participate in or approve strategic plan of the subsidiaries?Ensure proper governance through nominating and filling of board and its composition?Confirm and revisit the ownership goals or portfolio