Manager Asset Management

Directorate:
Economic Diversification Investments

JOB PURPOSE:

To lead and manage asset management responsibilities across a selected portfolio of investments under the National Development Fund. Reporting to the Director of Asset Management, the role is accountable for supporting the delivery of financial, operational, and strategic performance across assigned assets. The Senior/Manager plays a key role in driving performance monitoring, engaging with portfolio companies, supporting governance processes, and coordinating interventions and value creation initiatives.

The role also contributes to turnaround planning, project execution oversight, and divestment readiness.

• Lead the implementation of the AM mandate across assigned assets, focusing on performance, governance, and capital efficiency.
• Apply asset management tools, frameworks, and best practices to monitor and improve portfolio outcomes.
• Manage shareholder matters and support execution of governance responsibilities.
• Coordinate with internal teams to identify process improvements and contribute to AM capability-building.
• Provide active support to boards.
• Lead the review and approval of OIA Companies business plans, budgets, KPIs, capital requirements, and strategic initiatives.
• Ensure budget efficiency and optimization, with reference to benchmarks.
• Ensure KPI setting is ambitious, long-term oriented, and encourages high performance.
• Design and oversee a robust performance management framework, including financial and operational KPI tracking, risk management, and scorecards.
• Lead periodic reviews of portfolio company performance, based on the OIA required frequency.
• Proactively identify underperformance and implement structured escalation and intervention protocols.
• Ensure rigorous oversight of asset performance, capital spending discipline, and early identification of distressed situations.
• Ensure early warning systems and dashboards are in place to flag deviations and corrective actions.
• Ensure data integrity and timely input to Investment MIS and related teams for tracking, benchmarking, and reporting.
• Drive implementation of value creation plans and ensure sector and company-level targets are in place, monitored, and adapted based on performance insights and market dynamics.
• Identify priority assets requiring value creation initiatives or turnaround.
• Lead turnaround strategies and restructuring plans to recover value or reposition underperforming assets.
• Ensure progress, discipline, and delivery momentum across the pipeline of capital projects post-FID.
• Coordinate with internal teams, portfolio companies, and external stakeholders to track execution, identify bottlenecks, and escalate where needed.
• Establish project monitoring frameworks and drive accountability for timely, cost-effective, and quality-aligned implementation.
• Champion a delivery mindset to ensure projects remain aligned with intended impact and returns.
• Support planning and execution of divestment strategies for relevant assets.
• Coordinate market readiness inputs and liaise with advisors and internal teams.
• Participate in transaction preparation, due diligence, and follow-through.
• Maintain awareness of sectors developments and emerging trends through regular engagement with industry stakeholders, policy-makers, and regulators.
• Proactively engage with experts and internal research teams to ensure benchmarks and data-driven decisions.
• Maintain strong and proactive engagement with portfolio companies as key drivers of operational performance.
• Collaborate to co-develop value creation plans, monitor execution, and unlock growth opportunities.
• Ensure clear orchestration between OIA expectations and execution capacity through structured oversight and accountability.
• Align execution capacity with AM expectations through structured interaction.
• Participate in external engagements with regulators, policy-makers, and shareholders as required.
• Support structured stakeholder engagement planning and documentation.
• Lead AM-related matters with OIA Board, IC, and sub-committees, including preparing high-quality materials.
• Ensure follow-through on decisions, and timely execution of…