CONSULTANCY SERVICES FOR THE DEVELOPMENT OF A THREE‑YEAR STRATEGIC PLAN FOR THE GHANA STOCK EXCHANGE (GSE)
Conduct consultancy to develop a strategic plan for the Ghana Stock Exchange.
Overview
Conduct consultancy to develop a strategic plan for the Ghana Stock Exchange.
You have:
- Minimum 10 years of relevant professional experience in capital markets, stock exchange governance, demutualization processes, financial sector reforms, corporate law, or related advisory assignments is required.
- Proven experience in developing corporate or institutional strategies within financial sector institutions is required.
- Experience working with securities regulators, stock exchanges, ministries of finance, or other public-sector financial authorities in Africa or comparable emerging markets is desirable.
- Expertise in stakeholder engagement, facilitation, change management, and performance measurement is desirable.
- Experience in conducting market diagnostics, strategic planning, or organizational transformation in emerging markets is required.
- Experience working with international organizations, development partners, or regional economic bodies is desirable.
- Fluency in English is required.
- Fluency in French is desirable.
Contract
This is a Consultancy contract. More about Consultancy contracts.
Result of Service
The final output of services are the followings: - Inception Report: Presenting the consultant’s detailed understanding of the assignment, proposed methodology, preliminary findings, and comprehensive workplan with timelines. The report will include a Summary review of previous strategic plans, stakeholder consultation insights, and recommended strategic directions and actions (Deliverable 1). - Draft Strategic Plan: Including the strategic framework, priority programs, measurable targets, resource requirements, and a Monitoring & Evaluation Framework (Deliverable 2). - Final Strategic Plan: A fully refined three-year strategy incorporating stakeholder feedback, implementation plan, annual activity schedules, and monitoring framework (Deliverable 3).
Work Location
Addis Ababa
Expected duration
5 Months
Duties and Responsibilities
Under the supervision of the Chief, Finance and Domestic Resource Mobilization Section, of the Macroeconomic, Finance, Governance and Planning Division, ECA, the Consultant will be responsible for the following: i. Inception Phase • Prepare an Inception Report outlining the consultant’s understanding of the assignment, objectives, scope, deliverables, proposed methodology, stakeholder engagement plan, risk considerations, governance structure, and implementation timelines. • Deliver a presentation of the Inception Report to GSE Management and ECA for validation. ii. Strategic Review and Diagnostic • Review previous GSE strategic plans and assess implementation progress. • Review of all relevant existing literature in relation to the activities of the GSE. • Conduct SWOT, PEST and other relevant analyses to define the GSE’s situational context. • Benchmark GSE operations against similar exchanges globally and regionally. • Review system acquisition approaches and recommend more cost-effective methods. • Review GSE’s branding and visibility efforts and recommend improved strategies. • Review GSE’s advocacy activities and recommend improvements based on the best international practices. iii. Stakeholder Engagement • Design and execute a stakeholder engagement plan. • Facilitate comprehensive consultations with the SEC, Ministry of Finance, market operators, internal stakeholders (Board, Management, Staff); and selected external stakeholders. • Facilitate a strategic planning workshop for staff, the Board, and key stakeholders to build on the Strategic Plan. iv. Strategy Formulation • Guide GSE to clearly define its Vision, Mission, Strategic Areas, and Objectives. • Define priority focus areas for the 2027–2030 period. • Develop strategies for: - Digital assets and digital transformation - Growing listings - New markets and product development - Viability and strategic role of the GSE Academy/Acceleration Concept - Revenue generation, including data driven and ancillary activities - Sustainability, financial strategies, and human capital development • Assess and provide recommendations on the functional organizational and leadership structure required to deliver the new strategy. • Conduct stakeholder and risk analyses and propose management approaches aligned with global best practices and operating environment. v. Strategic Plan Development • Prepare the draft Strategic Plan incorporating strategic priorities; program areas; measurable targets and KPIs; timelines and resource allocation. • Ensure alignment with Ghana’s economic context; African market integration trends; global best practices in exchange operations. vi. Implementation and Monitoring Framework • Develop a comprehensive Implementation Plan outlining yearly activity. • Develop a monitoring and reporting framework for effective tracking of strategic initiatives.
Qualifications/special skills
- Minimum 10 years of relevant professional experience in capital markets, stock exchange governance, demutualization processes, financial sector reforms, corporate law, or related advisory assignments is required. -Proven experience in developing corporate or institutional strategies within the financial sector institutions is required. - Experience working with securities regulators, stock exchanges, ministries of finance, or other public-sector financial authorities in Africa or comparable emerging markets is desirable. - Expertise in stakeholder engagement, facilitation, change management, and performance measurement is desirable. - Experience in conducting market diagnostics, strategic planning, or organizational transformation in emerging markets is required. - Experience working with international organizations, development partners, or regional economic bodies is desirable.
Languages
English and French are the working languages of the United Nations Secretariat. For the post advertised, fluency in English is required.
Additional Information
Women and persons with disabilities are encouraged to apply. As per the UN Convention on the Rights of Persons with Disabilities, do you identify as a person with a disability? If Yes, please specify if you need any reasonable accommodation to support your participation in the recruitment and selection process?
No Fee
THE UNITED NATIONS DOES NOT CHARGE A FEE AT ANY STAGE OF THE RECRUITMENT PROCESS (APPLICATION, INTERVIEW MEETING, PROCESSING, OR TRAINING). THE UNITED NATIONS DOES NOT CONCERN ITSELF WITH INFORMATION ON APPLICANTS’ BANK ACCOUNTS.
Potential interview questions
| What methodologies would you employ to assess the Ghana Stock Exchange's current strategic plan? | This question helps evaluate your analytical approach and experience in strategic assessments. | Discuss specific methods like SWOT or PEST analysis, emphasizing your experience. |
| Can you provide examples of successful stakeholder engagement strategies you have implemented? | The interviewer is assessing your experience in engaging various stakeholders effectively. | Pro members can see the explanation. |
| How do you prioritize strategic initiatives when developing a strategic plan? | Pro members can see the explanation. | Pro members can see the explanation. |
| Describe a time you faced challenges in strategic planning and how you overcame them. | Pro members can see the explanation. | Pro members can see the explanation. |
| What experience do you have with financial sector reforms, and how can it benefit the GSE? | Pro members can see the explanation. | Pro members can see the explanation. |
| In your view, what key elements should be included in a monitoring and evaluation framework? | Pro members can see the explanation. | Pro members can see the explanation. |
| Explain how you would ensure stakeholder feedback is integrated into the strategic plan. | Pro members can see the explanation. | Pro members can see the explanation. |
| What trends do you see shaping the future of capital markets in emerging markets? | Pro members can see the explanation. | Pro members can see the explanation. |