Group Chief Executive OfficerMalawi Development Corporation Holdings Limited

Job Advertisement

The Malawi Development Corporation Holdings Limited (MDCHL) is seeking applications from qualified and experienced Malawian professionals for a key leadership role.

Position: Group Chief Executive Officer

Grade: MD1

Reports To: Board of Directors

Directorate: Office of the Group CEO

Location: Lilongwe

Contract Duration: Thirty-six (36) months, with potential for renewal based on performance.

Direct Reports: Director of Investment and Development, Director of Compliance and Risk Management, Director of Planning and Resource Mobilization, Director of Corporate Services, Legal Services Manager, and Internal Audit Manager.

Background and Context

The Malawi Development Corporation Holdings Limited (MDCHL) was established by the Government of Malawi to drive investments in critical economic sectors, aiming to foster industrialization and promote sustainable economic growth. MDCHL fulfills its mandate by securing financing, supporting investment ventures, and offering advisory and technical assistance to its subsidiaries, thereby contributing to the socio-economic well-being of Malawians.

To ensure effective and efficient execution of its mandate, MDCHL requires a skilled and experienced Group Chief Executive Officer. This pivotal position is based at MDCHL’s Head Office in Lilongwe.

An attractive remuneration package, commensurate with qualifications and experience, will be offered to the candidate who demonstrates a clear understanding of MDCHL's aspirations and the MW2063 agenda.

Job Summary

The Group Chief Executive Officer will be accountable for the comprehensive management and strategic direction of the Company's daily operations.

Key Roles and Responsibilities

1. Leadership and Management

• Provide strategic leadership across the Company’s portfolio businesses and sectoral developments to achieve exceptional organizational performance in line with its mandate and objectives.


• Keep the Board of Directors informed of strategic initiatives, financial performance, and corporate risks.


• Advise the Board on any impediments to performance and propose measures to enhance the Company's effectiveness in achieving its mandate.


• Ensure the implementation of a robust Performance Management System (PMS) and promote high standards of discipline among staff.


• Cultivate a cohesive and competent management team, ensuring adequate training for key responsibilities and the application of sound management practices.


• Identify necessary structural changes and staff skill enhancements, establishing appropriate management systems and processes to foster staff motivation.


• Establish and review governance structures and efficient business processes for the Company and its subsidiaries.


• Chair meetings and provide strategic guidance to MDCHL’s subsidiary companies.


• Ensure strict adherence to all legal requirements, statutory obligations, policies, rules, and regulations.


• Prepare and present comprehensive reports to the Board and shareholders as required.


• Provide secretarial services to the Board.

2. Strategic Planning

• Develop, plan, and implement the Company’s strategic plan to achieve key result areas.


• Oversee the development and execution of effective Strategic Business Plans, policies, operating guidelines, and objectives for subsidiary companies.

3. Operations Management

• Ensure all MDCHL business operations comply with the current legal and regulatory framework.


• Provide overall leadership and ensure the smooth and efficient functioning of the Company.


• Liaise with shareholders, potential investors, and other key stakeholders on matters pertaining to investments and developments in strategic economic sectors.

4. Company Visibility

• Develop and implement a comprehensive strategic communication plan to enhance the Company’s profile, reputation, and brand.


• Ensure the Company maintains a strong public presence across appropriate platforms.

5. Financial Control and Management Systems

• Foster an environment that promotes effective management and control of the Company’s financial resources.


• Ensure the timely preparation of capital and operating budgets for Board submission.


• Lead resource mobilization efforts for the Company.

6. Networking and Strategic Partnerships

• Initiate and maintain connections and partnerships with relevant local and international institutions.


• Collaborate with local and international partners on potential joint initiatives.


• Represent the Company at national and international technical and professional meetings and conferences.


• Engage local and international partners to raise awareness of the Company’s roles across all business portfolios.

7. Quality Assurance and Continuous Improvement

• Safeguard and enhance corporate investment standards in alignment with regional and international protocols.


• Champion a results-driven, innovative, and business-oriented Company culture.


• Promote a culture of continuous improvement within the Company.


• Lead the Company’s capacity building, talent development, and succession planning to ensure a high-performing team.


• Champion corporate governance, risk management, and internal control processes.

Job Specifications and Performance Factors

1. Qualifications and Experience

• A Master’s and Bachelor’s Degree from accredited institutions in Business Administration, Business Management, Finance, Law, or Economics.


• A post-graduate qualification in Leadership and Management is essential.


• A minimum of fifteen (15) years of post-graduate professional experience is required.


• Of this, at least ten (10) years must be in a Senior Executive or Corporate Management capacity, with a demonstrable history of successfully closing significant investment deals.

2. Required Competencies and Attributes

• Proven leadership and management capabilities.


• Customer focus, goal orientation, action-driven, innovative, self-starter, and team player.


• Strong networking skills for effective stakeholder engagement.


• High level of integrity, maturity, and the ability to meet deadlines.


• Decisive, assertive, and adept at problem-solving.


• Proficiency in developing and implementing institutional strategic plans.


• Ability to engage effectively with public and private sector entities, civil society organizations, senior government officials, and development partners.


• Demonstrated skills in team building, negotiation, and conflict resolution.


• Capability to attract, motivate, and retain highly skilled and talented staff.


• Extensive experience in developing, implementing, and monitoring budgets, ensuring financial discipline.

Mode of Application

Interested candidates who meet the specified qualifications and experience should submit one copy of their application letter. The application must include copies of relevant certificates, a copy of a national identity card, and a detailed Curriculum Vitae (CV) including contact phone numbers and the names of three traceable referees.

Applications should be addressed to:

The Board Chairperson
Malawi Development Corporation Holdings Limited
MERA Complex 3rd floor
Private Bag B421
Lilongwe

Alternatively, applications can be sent via email to: recruitmentmdchl@finance.gov.mw

The deadline for receiving applications is 15th September, 2026.

Only shortlisted applicants will be contacted for interviews.