Chief Executive Officer – Malawi Housing Corporation

Job Description

Background
The Malawi Housing Corporation (MHC) is a statutory body established under the Malawi Housing Corporation Act of 2016 (Cap. 32:02) of the Laws of Malawi. It seeks to appoint a visionary, results-oriented, and transformative Chief Executive Officer (CEO) to lead the Corporation through a period of revitalization and strategic growth.

MHC has faced significant challenges, including operational inefficiencies, financial constraints, and limited reinvestment capacity due to a high proportion of revenue being consumed by salaries and overhead costs. Despite these hurdles, the Corporation is poised for transformation. Through innovative approaches and strong governmental support, MHC is undertaking “Project 250”, an ambitious initiative to construct 250,000 affordable homes with associated amenities over the next decade.

The incoming CEO will play a pivotal role in steering the Corporation toward fulfilling its statutory mandate, aligning with Malawi’s 2063 Agenda, and enhancing its position as a leading provider of affordable and decent housing.

The Company
MHC’s mission is to construct and maintain housing and commercial infrastructure, develop plots, and ensure affordable housing for Malawi’s population. Operating as a commercial entity since 2016, the Corporation balances profitability with its social mandate.

Vision: To be Malawi’s leading provider of affordable, decent housing and related services.

Mission: To provide and facilitate affordable housing and infrastructure through sustainable construction, plot development, property management, and maintenance while operating as a profit-driven entity.

The Role of Chief Executive Officer
The CEO will report to the Board of Directors and provide strategic leadership, operational oversight, and sound governance to ensure MHC achieves its objectives. The successful candidate will align the Corporation’s goals with national development priorities, drive operational efficiency, and foster a culture of accountability and innovation.

Key Responsibilities:

1. Lead MHC operations in compliance with applicable legislation, regulations, and Board resolutions.
2. Provide visionary leadership to implement strategic projects, including joint ventures and Project 250.
3. Oversee daily operations, ensuring fiscal discipline, seamless departmental coordination, and policy compliance.
4. Develop and implement policies, work plans, and resource strategies to enhance operational efficiency and shareholder value.
5. Advise the Board on strategies to achieve the Corporation’s statutory mandate and long-term goals.
6. Act as a liaison between the Board, employees, stakeholders, and the Government of Malawi.
7. Drive a positive transformation of MHC’s public image and act as its primary spokesperson.
8. Optimize MHC’s assets and promote a risk-managed, safe working environment.
9. Oversee budget development, monitoring, and resource allocation for operational and capital projects.
10. Collaborate with the Workers Union and lead negotiations effectively.

Qualifications and Experience

1. A Master’s degree in Real Estate, Project Management, Quantity Surveying, Engineering, Business Administration, Public Administration, Social Science, or a related field from a recognized institution.
2. A Bachelor’s degree in Real Estate, Project Management, Quantity Surveying, Engineering, Business Administration, Public Administration, Social Science, or a related field from a recognized institution.
3. At least 10 years of senior management experience, with a proven track record in corporate transformation, large-scale housing projects, or related sectors.
4. Demonstrated ability to align strategic plans with organizational goals
5. Strong financial acumen and administrative expertise, including budgetary management.
6. Experience in leading a unionized workforce and fostering collaborative environments
7. Excellent communication, interpersonal, and stakeholder engagement skills.

Desired Competencies:

• Proven success in managing large-scale commercial projects with a social focus.
• Strong leadership and decision-making skills in challenging environments.
• A balance of profitability-driven and socially-responsible management approaches.

Application Process
Interested candidates should submit:

1. A detailed application letter.
2. A comprehensive Curriculum Vitae (CV) with three traceable referees.
3. Copies of relevant qualifications.

Submit applications in a sealed envelope clearly marked “Application for Chief Executive Officer for Malawi Housing Corporation” to:

The Comptroller of Statutory Corporations
Department of Statutory Corporations
P.O. Box 30061
LILONGWE 3.

Closing Date: 27th December, 2024.