SANAD Fund for MSME | Board Opportunity (1 role)

Commitment

• +/- 20 days per year
• +/- 5 in-person meetings (in Luxembourg/European capitals, and periodic diligence meetings in portfolio region) plus ad hoc meetings and discussions as needed, preparation, follow-up, ad hoc tasks
• Willingness to make a long-term commitment to the Fund
• Dedicate sufficient time to stay up-to-date with relevant market and regulatory developments
• Remuneration in line with market standards for comparable roles

SANAD encourages applications from candidates of all nationalities, genders, ages, and backgrounds. To best complement the current Board members, male candidates and those with experience in the target regions (MENA, SSA) are particularly encouraged to apply.

About SANAD 

SANAD, a Luxembourg SICAV-SIF, is a blended-finance investment vehicle initiated by KfW, the German development bank. The fund provides medium- and long-term debt and equity financing to financial institutions in the Middle East and North Africa aiming to help strengthen the MSME-sector and financial market in the region.

SANAD’s investments are complemented by a Technical Assistance Facility designed to enhance impact and strengthen portfolio clients.

About the Board role

To further strengthen the Board, the SANAD Board is seeking to appoint an independent Non-Executive Director (iNED) to assist:

• enhance the range of skills, expertise, experience and knowledge on the Board
• supporting the Fund’s long-term missions via strategic leadership;
• contribute to serving the interests of stakeholders, bringing independent judgment to Board deliberations such as issues of strategy, competitive positioning, performance, risk assessment and oversight
• ensure constructive challenge, oversight and guidance to the AIFM and other service providers
• help oversee financial controls, risk management, and governance frameworks to ensure operational resilience
• oversee the effectiveness of the Company’s governance framework and compliance with relevant regulatory requirements;

Core expertise required

• Leadership experience via Board and/or senior management roles
• Strategic and commercial acumen
• Understanding of investment management and fund structures, including Luxembourg regulatory frameworks for Funds
• Understanding of risk management
• Investment committee, portfolio-and risk management exposure in a venture capital, private equity or similar environment, in order to assist with strategy, oversight and related risk parameters;
• Ability to identify appropriate performance metrics, and monitor AIFM performance
• English language fluency
• Additional expertise and soft skills valued
• Digital & cybersecurity literacy and a commitment to continuous learning and development.
• Strong values, standards, integrity, independence;
• ESG and impact investing expertise or exposure;
• Excellent communication, stakeholder-engagement;
• Global perspectives with prior exposure to international markets, sectors and cultures, ideally also in the target regions
• Collaborative mindset, ability to work effectively in diverse teams

How to express interest

It is not expected that the successful candidate will necessarily meet all of the experience and requirements set out in the role profile.

If you are interested to be considered for this role, please send your application to sanadboard2026@proton.me. 
All enquiries will be handled in confidence.

Your application should include:

• A CV outlining your professional career and leadership responsibilities and experience
• A short statement of motivation explaining your interest in the role (maximum 1 page)
   

Deadline for Applications: 28 February 2026