Chief Executive Officer at Electricity Generation Company (Malawi) Limited (EGENCO)

Applications are invited from suitably qualified persons of Malawi origin to fill the following Executive Management Vacant position tenable in the Electricity Generation Company (Malawi) Limited (EGENCO) at Head Office in Blantyre.

THE ORGANIZATION

Electricity Generation Company (Malawi) Limited (EGENCO) is a limited liability company incorporated under the Companies Act (Cap.46:03) of the Laws of Malawi on 7th September 2016.

The company is wholly owned by the Government of Malawi and was established with the mandate of generating electricity in Malawi. The Company started its operations on 1 January 2017.

To fulfill its mandate effectively and efficiently, the company now invites suitably qualified experienced dynamic individuals to fill the following challenging and exciting positions as follows:

CHIEF EXECUTIVE OFFICER (GRADE EG1) on a fixed term contract.

PURPOSE OF THE JOB

The position exits to ensure the provision of strategic and visionary leadership and full operational responsibility in the development, implementation and evaluation of strategic business plans as approved by the Board.

PERSON SPECIFICATIONS

• A holder of a minimum of a bachelor’s degree in either Engineering, Finance, Business Administration, Management, Economics or equivalent and with a relevant Master’s degree in either Engineering, Finance, Business Administration, Management, Economics or equivalent obtained from a National Council of Higher Education (NCHE) recognized reputable learning institution
• Should have wide knowledge of the energy sector in Malawi with a proven track record of managing strategic institutions.
• Should have ten (10) years post-graduation experience of which 5 years should be worked at senior executive management level in a reputable organization.
• Should be mature with demonstrable ability to work as a team leader,
• Be decisive, self-motivated, assertive with excellent communication and interpersonal skills,
• Should have strong analytical, problem solving and decision-making skills,
• Should be a team player, results oriented having extensive management skills with capability to network with other institutions and supporting partners for the harmonious development of the energy sector in Malawi.
• Should have capabilities to mobilize resources for implementation of energy projects.
• Have good Leadership and Team building skills.
• Proficiency in MS office
• Applicants with experience in the electricity generation industry and with higher postgraduate qualifications in engineering will have an added advantage.

JOB SPECIFICATIONS

Reporting to the EGENCO Board the job holder will among other responsibilities, be responsible for:

1. Providing strategic leadership to the Electricity Generation Company (Malawi) Limited (EGENCO) geared at the attainment and furtherance of the vision, mission, and core mandate of the company.
2. Spearheading strategic planning, policy formulation, review and implementation targeted at the company and responsive to the needs of the electricity sub sector of the energy sector in Malawi in particular, and the Southern and the Eastern Africa Power Pools in general.
3. Guiding and coordinating all business activities and operations for improved power generation, dispatch, and trading in the country.
4. Guiding all Divisions of EGENCO in the preparation of strategic and business plans and aligning them with strategic Government Policies and EGENCO’s vision and mission.
5. Ensuring that various organs of EGENCO are operating harmoniously and in conformity with the overall operational plans and performance targets agreed upon with the shareholders and as stipulated in the energy laws and regulations in the electricity sub sector of the energy sector in Malawi.
6. Monitoring the implementation of EGENCO’s strategic and operational plans, and reporting to the Board of Directors on the performance and progress of the company.
7. Developing an appropriate vision for the company in line with shareholder expectations.
8. Leading in mobilization of resources for implementation of projects aimed at increasing electricity generation capacity in Malawi.
9. Leading the development and implementation of appropriate policies, systems, and procedures to enhance governance and controls.
10. Providing prudent financial management and investment undertakings by ensuring that sound policies and practices are adopted for optimal utilization and returns.
11. Spearheading all fundraising projects to address the capital requirements of the business including oversight of all treasury management activities.
12. Overseeing the medium and long-term plans, operations and maintenance for all power stations.
13. Reviewing and approving consolidated budgets for further Board’s review.
14. Developing and establishing the business expansion initiatives for the Company.
15. Implementing Board’s decisions effectively and effectively and keep the Board informed of all strategic aspects of the business of the Company.
16. Developing an appropriate organizational structure and business operating model to execute
    EGENCO strategy.
17. Undertaking continuous monitoring and evaluation of operational progress for each division of EGENCO through the establishment of effective Human Resource Management processes to achieve EGENCO’s set targets.
18. Identifying organizational structure changes and staff skills gaps and establishing required change management processes.
19. Leading the development and maintenance of an appropriate organizational culture.
20. Initiating and implementing appropriate systems and processes for good governance
21. Ensuring that EGENCO operates a proper and efficient accounting system in conformity with generally acceptable financial accounting standards which include timely preparation of the budget plans in line with relevant legal instruments.
22. Ensuring high standards of work ethics, professionalism and discipline among staff members at all grades in the company.
23. Ensuring that staff in the company are recognized and rewarded for exceptional performance.
24. Carrying out any other duties as assigned by the Board.

Method of Application:

Application letters with comprehensive CV and three names and addresses of traceable referees and photocopies of relevant certificates and National Identity, should be sent to the following address or hand delivered not later than 15 July 2024 addressed to:-

The Comptroller of Statutory Corporations
PO Box 30061
Capital City Lilongwe 3
Capitol Hill

EGENCO IS AN EQUAL OPPORTUNITY EMPLOYER

The Applications must be clearly marked with the position one is applying for. For example; ‘Application for the Position of Chief Executive Officer for Electricity Generation Company (Malawi) Limited.”

Only shortlisted applicants will be acknowledged and invited for interviews at short notice.