Position Title: Managing Director
Organization: National Microfinance Foundation (NMF)
Location: Sana’a, Yemen
Contract Type: Full-time (with a 6-month probationary period)
Number of Positions: 1
Date Posted: September 3, 2025
Closing Date: September 25, 2025

Why Join NMF?

This is a rare opportunity to lead one of Yemen’s most influential organizations dedicated to advancing financial inclusion and economic empowerment. As Managing Director, you will play a pivotal role in shaping NMF’s future and leading its transformation into a microfinance bank. If you are passionate about impact-driven leadership and have the expertise to guide NMF into its next phase, we welcome your application.

About NMF

Established in 2003, the National Microfinance Foundation (NMF) is Yemen’s leading non-governmental institution in financial inclusion. NMF works to improve the economic and social well-being of low- and limited-income communities by providing financial services and products otherwise inaccessible through traditional banking systems.
With 21 branches nationwide and one of the largest loan portfolios in Yemen, NMF is a key player in promoting inclusive finance for underserved populations. As it enters a new stage of growth, NMF seeks a visionary Managing Director to provide strategic direction, oversee operations, and lead its transformation into a leading national development institution.

Key Responsibilities

The Managing Director, reporting directly to the Board of Trustees  (BOT), will be responsible for overall leadership and organizational performance.

Strategic Leadership

• Lead the design and implementation of NMF’s strategic vision and multi-year work plans.
• Prepare annual business plans aligned with NMF’s vision and mission.
• Strengthen NMF’s reputation as a leading national development institution among donors, creditors, authorities, and stakeholders.
• Drive NMF’s institutional transition into a regulated microfinance services.
• Operational Management
• Oversee day-to-day operations across branches and departments, ensuring efficiency and resilience.
• Conduct regular field visits to monitor performance and identify growth opportunities.
• Review and enhance operational policies and procedures, providing recommendations to the BOT.
• Human Capital Development
• Recruit, mentor, and retain high-caliber management professionals.
• Build staff capacity through tailored training and development initiatives.
• Portfolio and Financial Oversight
• Monitor and analyze NMF’s loan portfolio, ensuring strong performance and risk management.
• Mobilize resources from donors, investors, and development partners to sustain growth.
• Supervise NMF’s financial performance and ensure achievement of planned targets.
• Agility and Innovation
• Apply adaptive management to navigate challenges and market shifts.
• Develop innovative financial products and services that comply with regulations and respond to evolving client needs.
• Stakeholder Engagement
• Foster strong relationships with shareholders, donors, creditors, and government authorities.
• Represent NMF at national and international forums, promoting financial inclusion.
• Maintain transparent and consistent communication with the BOD and stakeholders.

Qualifications and Competencies

Education

• Bachelor’s degree in Business Administration, Finance, Economics, Accounting, or a related field (Master’s preferred).

Experience

• At least 5 years in senior management roles within financial institutions, banks, or development organizations.
• Proven success in managing donor relations and partnerships with government and international agencies.
• Solid understanding of microfinance principles and the banking sector.

Skills and Attributes

• Strong leadership, strategic planning, and organizational abilities.
• Commitment to NMF’s values: fairness, transparency, and poverty alleviation.
• Analytical and problem-solving skills with a results-driven mindset.
• Excellent communication skills in Arabic and English (both written and spoken).
• Proficiency in IT systems and digital tools.
• Dynamic, innovative, and energetic personality.

Salary and Benefits

• Competitive salary based on experience and qualifications.
• Social security and health insurance coverage.
• Professional development and training opportunities (local and international).