FADECO MF SA Seeks New Directeur Général Amidst Expansion

FONDS D’APPUI AU DEVELOPPEMENT COMMUNAUTAIRE « FADECO MF S.A. »
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FADECO MF S.A. A third-category microfinance institution headquartered in Bujumbura, Burundi, has initiated a search for a new Directeur Général. The institution, located at Boulevard de l’OUA N° 55 in Zone Ngagara, Commune Ntahangwa, is seeking to fill the leadership role as part of its ongoing expansion efforts. The call for applications is open to both internal candidates within FADECO MF S.A. And external professionals. This inclusive approach aims to attract the most qualified individuals to lead the institution into its next phase of growth and service delivery. The recruitment drive shows FADECO MF S.A.'s commitment to strengthening its operational capacity and strategic direction in the Burundian financial landscape.

About FADECO MF SA

FADECO MF S.A. Received its operating license from the Banque de la République du Burundi (BRB) on October 3, 2017. Since its inception, the institution has been dedicated to providing essential financial services to its clientele. The institution specializes in providing a range of financial services to its clientele. These services include savings accounts, credit facilities, and other related financial products designed to support economic activity. By offering these core services, FADECO MF S.A. Plays a key role in enabling individuals and small businesses to access financial resources, thereby contributing to broader economic development within Burundi. Its mission extends to fostering financial inclusion, particularly for underserved populations, by making banking services more accessible and relevant to their needs.

Beyond its core financial offerings, FADECO MF S.A. Also engages in institutional development initiatives. These projects are funded through partnerships with various technical and financial benefactors, contributing to the organization's growth and capacity building within the microfinance sector. These collaborations are vital for enhancing the institution's capabilities, allowing it to implement innovative programs and expand its reach. The institution's operations are integral to its mission of fostering financial inclusion and economic empowerment in Burundi. Through these combined efforts, FADECO MF S.A. Aims to create sustainable financial solutions that address the specific challenges faced by its clients and the communities it serves. The strategic location of its headquarters in Bujumbura, the capital city, further positions it to serve a diverse client base across the country.

The Directeur Général Role

The recruitment process at FADECO MF S.A. Is specifically for the position of Directeur Général (DG) of FADECO Microfinance SA. This individual will be responsible for the overall operational and strategic management of the institution, aligning with its mission to provide financial services and support development initiatives in Burundi. The Directeur Général will be tasked with overseeing all aspects of the institution's operations, from strategic planning and financial performance to risk management and regulatory compliance. This leadership role is critical for ensuring FADECO MF S.A. Continues to meet its objectives and expand its positive impact. The selection of the new Directeur Général is contingent upon formal approval by the Banque de la République du Burundi (BRB), which oversees financial institutions in the country. This regulatory step ensures compliance with national banking and microfinance regulations, affirming the candidate's suitability for such a key role in the financial sector.

The Directeur Général operates under the direct authority of the Board of Directors of FADECO MF SA. This hierarchical structure places the DG as the executive lead, implementing the strategies and policies set forth by the Board, while managing the daily operations of the microfinance institution. The Board provides oversight and guidance, ensuring the DG's activities align with the institution's long-term objectives and regulatory requirements. This reporting structure ensures accountability and strategic alignment, with the Directeur Général serving as the primary interface between the strategic vision of the Board and the operational realities of the institution.

The mandate for the Directeur Général is set for a period of four years. This fixed-term contract provides a defined period for leadership and strategy implementation within the institution. This four-year term allows for the development and execution of long-term plans, providing stability and continuity in leadership. At the conclusion of this initial term, the mandate is eligible for renewal. Any subsequent renewal of the Directeur Général's term must receive approval from the General Assembly of FADECO Microfinance SA. This process involves a review of performance and strategic alignment, with the ultimate decision resting with the institution's highest governing body. The fixed-term contract for four years is also renewable based on the individual's performance, emphasizing accountability and results in the leadership role. This performance-based renewal mechanism ensures that the Directeur Général consistently strives for excellence and delivers tangible results for FADECO MF S.A.

Qualifications and Experience

Candidates for the Directeur Général position at FADECO MF S.A. Must possess a university degree of Bac+5, equivalent to a Master's, in fields such as economics, management, finance, accounting, or business administration, according to the institution's requirements. This academic background ensures a strong theoretical foundation in key areas relevant to financial institution management. A complementary diploma specifically in microfinance or financial institution management is considered an advantage for applicants, indicating specialized knowledge and a deeper understanding of the sector's unique challenges and opportunities.

FADECO MF S.A. Mandates that prospective candidates demonstrate a minimum of five years of professional experience within the microfinance sector. This requirement ensures that the incoming Directeur Général possesses practical, hands-on experience in the specific operational environment of microfinance. Prior experience in a senior management role, such as a Director General or Deputy Director General, or an equivalent position, is also listed as an asset for the role, signifying proven leadership capabilities and strategic decision-making experience. The institution requires proven experience in managing development projects and securing financing from technical and financial partners, donors, or other financial institutions. This demonstrates the candidate's ability to drive growth and sustainability through external collaborations and resource mobilization, which is key for FADECO MF S.A.'s institutional development initiatives.

A strong understanding of Burundian regulations governing microfinance institutions and the prudential standards established by the Banque de la République du Burundi (BRB) is essential for the incoming Directeur Général. This knowledge is critical for ensuring full compliance and sound operational practices within the regulatory framework. The role demands proficiency in the financial, accounting, and budgetary management practices specific to microfinance institutions, enabling effective oversight of the institution's financial health. Additionally, candidates must possess sound knowledge of credit risk management tools and regulations pertaining to anti-money laundering, which are vital for maintaining financial integrity and stability. Expertise in management information systems (MIS) and standard office software is also a prerequisite for the position, noting the importance of technological proficiency in modern financial operations. FADECO MF S.A. Specifies that fluency in both French and Kirundi is required, while knowledge of English is considered beneficial, reflecting the linguistic requirements for effective communication within Burundi and with international partners.

Application and Selection Process

Applications for the Directeur Général position must be submitted by July 31, 2026, at 17:00 local time. Prospective candidates can submit their applications electronically to [email protected] or directly at the FADECO MF S.A. Headquarters located on Boulevard de l’OUA N° 55 in Zone Ngagara, Commune Ntahangwa, Bujumbura. This dual submission option provides flexibility for applicants. The selection process for the role involves several stages, including a pre-selection phase, where applications are reviewed against the stated criteria. This is followed by a written or skills test, designed to assess technical competencies and problem-solving abilities, and an oral interview, which evaluates leadership potential, communication skills, and strategic vision. Following these stages, final approval by the Banque de la République du Burundi (BRB) is required before the Board of Directors makes its appointment. This multi-layered process ensures a thorough evaluation of all candidates to select the most suitable individual for this critical leadership role. The successful candidate will be based in Bujumbura, with the possibility of travel within Burundi as part of their responsibilities, reflecting the institution's operational scope across the country.