Investment Director at Old Mutual Kenya

The Rols:

An opportunity has arisen for an Investment Director to join a dynamic newly created niche team working in the African Energy Transition landscape at AIIM.  You will play a key leadership role in the team, focusing on origination, execution and asset management of investments.

Key Responsibilities

• Partner with the Fund Head to build a scalable strategy to provide catalytic development capital across Africa
• Lead deals: originate, evaluate, structure, negotiate, execute and manage investments in early-stage development platform or scale up growth companies in the renewables, biofuels, hydrogen or electric vehicles space
• Work in accordance with the AIIM policies, procedures and relevant good practice
• Build and maintain strong relationships with all stakeholders, internal and external
• Operate as an industry leader in the climate space
• Build, lead and nurture an investment team in Nairobi
• Develop innovative and appropriate financial structures for complex transactions
• Provide risk analysis and review of financial statements and valuations
• Have oversight of bid documents and presentations
• Have oversight of the asset companies with regard to the setting of strategy, ESG considerations, project implementation and contractual compliance, and serve on Boards
• Identify technical risk areas across and within assets and develop optimised solutions
• Leverage cross-industry knowledge into projects to increase shareholder value
• Be a leader in the AIIM transaction process, including due diligence on potential acquisitions, motivation of investment recommendations and participation in investment committee meetings
• Ensure deal outcomes are in line with AIIM governance guiding principles through active participation and responsibility in decision making through deal execution processes
• Profile the AIIM business through representing AIIM funds in negotiations with counterparties on affairs pertaining to shareholder matters such as SHA provisions, SPV resourcing etc
• Be an active and value-adding member of the team
• Assuming major changes in policy or consumer behaviour

Required Skills and Experience:

• Relevant Tertiary Qualification
• 15+ years relevant experience in investments, ideally both:
  • financial investing experience, with leading investment firms or investing institutions, and
  • experience in the climate industry working in leadership roles in commercial development companies, preferably private equity-backed companies
• Demonstrable passion for early-stage business development in the climate space
• Substantial pan-Africa exposure and deep sustainability, energy efficiency, renewables or similar sector experience
• Substantial infrastructure sector exposure and/or experience in general growth capital for African businesses
• Strong knowledge and understanding of industry trends, key drivers of value creation, and financial, operational, strategic, and commercial variables
• Specific financial acumen with the capacity to demonstrate knowledge of and insight into financial principles and processes, and identify inconsistencies in data
• Ability to apply sound business judgment and an analytical, pragmatic and creative approach to problem solving
• Demonstrable execution/outcome/delivery skills
• Proven ability to prioritise between detailed day to day activity, including problem-solving, and longer-term activities and projects
• Proven ability to sustain high level of performance under pressure with tight deadlines
• Superior interpersonal and relationship building skills to build strong relationships with external and internal stakeholders across all levels
• Effective communication skills including strong written and verbal communication competency
• Good understanding of credit, legal and compliance issues as they apply across Africa
• French language skills would be a bonus

AIIM Culture Fit

• Entrepreneurial mindset
• Self-starter
• Intellectually curious
• Collaborative
• High energy
• Performance obsession