Polaris Development Company Ltd. (PDCL), a purpose-built special entity created to advance Project Polaris — one of the government’s highest-priority flagship infrastructure initiatives — has opened applications for a highly qualified Chief Executive Officer (CEO) to lead delivery of the project’s core new hospital development.
Reporting directly to PDCL’s Board of Directors, the successful candidate will hold full executive accountability for every stage of the new hospital’s delivery, tasked with ensuring the entire project aligns strictly with pre-approved scope, budget timelines, technical specifications and binding financing agreements. As the top executive, the CEO will own ultimate responsibility for corporate governance, financial integrity, contractual performance and enterprise-wide risk management, while leading coordinated engagement with the national government, project lenders and all other key stakeholders.
The role’s core responsibilities span five key functional areas. First, in strategic and governance leadership, the CEO will roll out the Board’s approved strategy and delivery framework, ensure full adherence to financing covenants and legal statutory requirements, uphold robust governance structures, transparent reporting protocols and strong internal controls, and provide expert guidance to the Board on emerging risks and strategic directional decisions.
Second, for contractual and delivery oversight, the CEO will supervise all major project contracts, including agreements with design-build-maintain contractors, third-party consultants and key suppliers, hold contractors accountable for meeting technical specifications, cost targets and schedule milestones, oversee end-to-end contract administration, change control processes and timely risk escalation, and ensure all commissioning and operational readiness milestones are met on schedule.
Third, in terms of financial accountability, the role requires oversight of overall project financial performance, compliance with lender requirements and capital drawdown processes, ongoing monitoring of capital expenditure and emerging cost risks, and maintenance of full audit readiness and financial transparency across all operations.
Fourth, for risk and compliance, the CEO will maintain and refine a comprehensive enterprise risk management framework, lead enterprise-wide claims management and proactive dispute mitigation, and ensure unwavering compliance with national procurement regulations and global anti-corruption standards.
Finally, as the primary stakeholder engagement lead, the CEO will act as the main point of contact for the government, lending institutions and project partners, prepare regular Board reports covering financial performance and risk updates, and lead high-stakes strategic negotiations with key external parties.
To be considered for the role, candidates must demonstrate a proven track record of senior leadership in large-scale infrastructure or public-private partnership (PPP) projects, deep specialized expertise in project finance, contract management and corporate governance, advanced enterprise risk management capabilities, exceptional negotiation and C-suite communication skills, and uncompromising standards of integrity, sound judgment and decisive decision-making.
Preferred qualifications include a master’s degree in engineering, finance, business administration or a related field. Candidates must hold a minimum of 15 years of senior leadership experience, have a verifiable history of successfully delivering large-scale infrastructure projects valued at $100 million or more, and prior experience working with special purpose vehicles (SPVs), PPP structures or board-governed entities. Previous experience collaborating with international lenders or development finance institutions is considered a significant added advantage.
Interested eligible candidates are required to submit a complete application package, including a personalized cover letter and detailed curriculum vitae, to [email protected], with copies sent to [email protected] and [email protected]. All applications must use the subject line “PDCL Application — Chief Executive Officer” to be considered. The closing deadline for submission of applications is 31 May 2026. PDCL notes that while all applications are appreciated, only shortlisted candidates will be contacted for further stages of the recruitment process.