Brief about EIH:

The Ethiopian Investment Holdings (EIH) is Ethiopia’s first sovereign wealth fund which was established on January 31st, 2021, through the regulation The Definition of Objective Functions and Organization the Ethiopian Investment Holdings Council of Ministers Regulation No 487/2014

Its objectives are to (1) serve as a strategic investment arm of the government of Ethiopia, (2) contribute to sustainable economic development through professional management of its funds and assets achieving the optimal use thereof in accordance with international best practice and corporate governance principles, and to maximize the value for the benefit of current and future generations and to (3) provide a strategic vehicle to attract foreign investment by, among others, establishing a co-investment platform, consolidating assets for further monetization, unlocking values from current unutilized assets and thereby bring the highest. EIH manages 31 public commercial companies, with which it will exercise the ownership function of the GoE.

EIH is about to launch Subsidiary Transformation Program (STP) through which it will exercise active ownership. STP will include (a) horizontal initiatives through which it will instil best practices principles of the pillars of management and governance (b) vertical initiatives for company-specific transformation plans © central initiatives whereby EIH will revise core business or structure of subsidiaries.

Basic functions and scope of the job

• The HR initiative owner will be a member of STP’s Transformation Management Office (TMO)

• She/he will work closely with head of TMO, portfolio team and international expert to implement the talent initiative of the STP.

Duties and Responsibilities

• Provide feedback and input to EIH’s own talent management system to ensure alignment with STP talent initiative.

• Manage assessment of talent / HR functions of subsidiary companies by circulating surveys, analyzing results and identifying and prioritizing gaps.

• Help organize periodic (monthly or quarterly) talent circles with HR heads of subsidiaries to share findings, provide training and tools.

• Be a champion and ensure all subsidiaries' HR Heads initiates and implement performance management system, individual business KPIs and development goals.

• Facilitate and provide input for the drafting of STP talent guideline.

•  Ensure subsidiaries put succession planning in place, have a database of future leaders. Initiate young leadership program across all functions and business units.

• Review and provide feedback for internal talent policies, HR functional structures, processes, and capabilities of subsidiaries as they work to comply with EIH talent guideline.

• Gather data, analyse and issue progress report to TMO and EIH management to evaluate progress and results of the STP talent initiative; identify gaps and recommend measures to.

•  Perform other duties as assigned by immediate supervisor.

Reports to: Chief Transformation Advisor / Officer

Job Requirements

Qualification Required

• Master’s degree in a Business Administration, Finance, or related field, ideally with specialization in HR or organizational health 

• International certification in Talent elated fields is highly desirable. 

• At least ten (10) years of experience with progressively higher responsibility in the talent / HR function of multinational business entity, including 5 years as a senior HR / talent executive

Competency requirements 

• Expertise in the design, roll out and results tracking of talent transformation or restructuring program in a large business entity 

• Experience managing at least three components of HR function, especially performance management, succession planning, competency framework 

• Strong familiarity with the operations of banking / financial services, transport / logistics, construction, or any of EIH’s industry clusters 

• Have positive can do attitude, passionate and change management leader, working under pressure. 

• Excellent communication skills, written and verbal, in English and Amharic 

• Excellent skills in generating analytical and technical documents in a business context. 

• Excellent listening and engaging skills including the ability to read organizational and team dynamics with the objective of creating a culture of excellence in line with the organization’s mission.

Language requirements

• Fluency in English and Amharic is required. Knowledge of additional local languages is desirable 

How to Apply

Interested applicants who fulfil the above requirements and want to join our dynamic and professional team should submit their updated CV and motivation letter (why they apply for the position) through email: talent@eih.et within seven working days from the date of this vacancy announcement. Please indicate the position you are applying for on the subject line.