The North East District Council (NEDC), through its Investment Company, invites suitably qualified, experienced, and reputable professionals to submit Expressions of Interest (EOI) for appointment as Independent Non-Executive Directors on the Board of the North East District Council Investment Company.
Nedc Investment Holdings (Pty) Ltd is the investment and commercial arm of the North East District Council established to drive sustainable economic development, unlock value from Council assets, attract investment, facilitate strategic partnerships, and promote socio-economic transformation within the District and beyond.
In line with principles of sound corporate governance and the need to strengthen the Board’s strategic and technical capabilities, Nedc Investment Holdings (Pty) Ltd seeks to appoint two (2) Independent Non-Executive Directors possessing specialized expertise and proven leadership experience.
Job Summary
- Type: contract
- Location: Gaborone
- Category: Executive & Management
- Closing Date: 2026-07-24
Key Responsibilities
- Provide strategic direction and oversight to the Company.
- Promote sound corporate governance and accountability.
- Review and approve investment opportunities and business proposals.
- Monitor financial performance and organizational sustainability.
- Support resource mobilization and investment attraction initiatives.
- Participate in Board Committees and special assignments.
- Safeguard the interests of the shareholder and stakeholders.
- Contribute to policy development and risk management.
Requirements
- Be citizens or permanent residents of Botswana
- Be a local expert (North East District) with domain-specific expertise
- Possess a minimum of a Bachelor’s Degree in a relevant field. A Master’s Degree or professional qualification will be an added advantage.
- Have at least ten (10) years of relevant professional experience, with a minimum of five (5) years in senior management, executive leadership, board, or advisory roles.
- Demonstrate knowledge and understanding of corporate governance principles.
- Have no criminal record involving fraud, corruption, financial misconduct, or dishonesty.
- Be able to dedicate sufficient time to Board and Committee responsibilities.
- Be independent and free from conflicts of interest that may compromise their duties as Directors.
- For Position 1 (Investment, Finance and Corporate Strategy Expert): Demonstrable expertise and extensive experience in one or more of the following areas: Corporate Finance and Investment Management, Financial Analysis and Project Appraisal, Infrastructure Financing and Public-Private Partnerships (PPPs), Asset Management and Portfolio Development, Commercialization and Business Development, Banking, Capital Markets and Development Finance, Corporate Strategy and Enterprise Growth, Risk Management and Corporate Governance.
- For Position 2 (Property Development, Infrastructure and Economic Development Expert): Demonstrable expertise and extensive experience in one or more of the following areas: Property Development and Real Estate Investment, Urban and Regional Planning, Infrastructure Development and Project Management, Industrial and Commercial Estate Development, Renewable Energy and Sustainable Development, Agribusiness and Rural Economic Development, Land Use Planning and Spatial Development, Engineering, Construction and Built Environment.
How to Apply
Phone: 2489242
Address: The Council Secretary, North East District Council, Private Bag 004, Masunga
REF Code: NEDC 3/6/1 III (47)
Frequently Asked Questions
What are the typical qualifications and experience expected for an Independent Non-Executive Director role in Botswana?
For an INED role, a strong background in finance, law, governance, or a relevant industry is essential, often with a postgraduate qualification. Significant experience at an executive or board level, demonstrating strategic insight and independent judgment, is highly valued. Expertise in corporate governance principles, particularly those relevant to Botswana's regulatory environment, is also crucial.
What are the common day-to-day responsibilities for an Independent Non-Executive Director in Botswana?
INEDs primarily provide independent oversight, strategic guidance, and constructive challenge to the executive management and board. Their responsibilities typically involve attending board meetings, participating in committees, and ensuring good corporate governance practices are upheld. They do not engage in day-to-day operations but rather focus on long-term strategy, risk management, and the protection of stakeholder interests.
How does the local work culture in Botswana influence the expectations for an Independent Non-Executive Director?
In Botswana, the corporate culture values professionalism, respect, and a collaborative yet assertive approach in board discussions. INEDs are expected to bring an independent perspective while understanding and respecting local business nuances and ethical considerations. A strong commitment to national development goals and adherence to good governance frameworks, often guided by the King IV Report or similar principles, is highly regarded.
What are the realistic career progression opportunities for an Independent Non-Executive Director in Botswana?
Career progression for an INED typically involves serving on multiple boards, potentially taking on lead independent director roles or chairing specific board committees. It is a path of deepening expertise and broadening influence across various sectors. Networking within the business community and continuous professional development in governance best practices are key for growth in this sphere.
As a contract Independent Non-Executive Director, what typical benefits like leave or medical aid can I expect in Botswana?
As a contract INED, the remuneration is usually in the form of fees, often on a retainer basis or per meeting attended. Unlike permanent employees, standard benefits such as annual leave, medical aid contributions, or pension schemes are generally not included. Candidates should clarify specific terms of engagement, including any reimbursement for expenses, during the negotiation phase.
What key attributes do employers in Botswana look for when hiring an Independent Non-Executive Director?
Employers seek candidates with impeccable integrity, proven strategic acumen, and strong analytical skills. A track record of independent thought, effective communication, and the ability to challenge constructively are highly valued. Demonstrated understanding of the company's industry, financial literacy, and a commitment to robust corporate governance are also critical.