Week 22 05-30-2023

MANAGEMENT MEETING
Duration: 8:30am - 09:45am
Venue: Virtual Via Google Meet
Presided by: Faith Ozegbe

ATTENDEES

ABDULLAHI NAJIMUDEEN       -  Head, Internal Operations
ADETAYO OLUKOGA                 -  Asset Creation
AFOLAKE SENKOYA                  -  Communications
ANIEKAN UDOH                       -  National Channel Manager
ANTHONIA OGBU                    - Lead, Underwriting
BLESSING YAHAYA                    -  Ag. Head, Treasury
EDNA EJIMAKOR                       - Branch Head, Port Harcourt
ELIZABETH ADENIJI                   - Head, Product Development
EMMANUEL ONAKOYA             - Head, CRM
EZINNE UMOZURIKE                 - Lead, Legal 
FIDELIS AZUBUIKE                     - Head, Software
FAITH OZEGBE                           - Acting Secretary
ISMAIL BALOGUN                      - Account
KEHINDE OYEBADE                     -  Ag. Head Business Operations
LINDA OTTAH-IJEKEYE                -  Brokers Admin
OLUSEGUN AKEJU                       -  Portfolio Risk Analyst
OLUWADAMILARE OLAYINKA     -  Transformation
OLUWAFISAYO OMOPARIOLA     - Sales Operations & Strategy
OLUWASEGUN BOLAWOLE         -  Head, Strategic Partnership
OLUWATONI LAWAL                    - Telesales
OMOWALE BELLO                        -  Cooperate Lease
PETER OJUKWU                           -  Ag, Head, Recovery & Collections
SAMUEL OTTAH                           -  Rep, Product Development
SOPHIA DAGI                               -  Head, Client Experience Management & Telesales
STANLEY MAFUVWE                    - Lead, Asset Remedial Management

OPENING PRAYER
Blessing Yahaya said the opening prayer 

ADOPTION OF MINUTES
Linda Ottah-Ijekeye seconded by Faith Ozegbe adopted the minutes of the last meeting.

ORDER OF PRESENTATION
Sales Operations, Asset Creation, Public Sector, Strategic Partnership, Co-operate Lease, Treasury, Credit Risk Management.

ACTIVITY REPORT (22nd – 26th May, 2023)

Sales Operations and Strategy Team Report
RISK ASSET
shows the sales activities for the week in review

Tele-sales Team Report
The total amount consummated by the team for the week in review is 1.4M (3% of the week’s target) at 2 counts with core tele sales and tele sales-cold call team consummating 0 (0% of the week’s target) at 0 counts and 1.4M (2% of the week’s target) at 2 counts respectively.

 Asset Creation report
For the period in review, Transactions disbursed are 0M. Others are at various transaction stages.

 Asset Creation Report (Public Sector)
For the period in review, Transactions disbursed are 920K. Others are at various transaction stages.

Strategic Partnership Team Report
For the period in review, the total sales achieved is 1.6M (14% 0f the budget). The report also captures the activities, visits, and pending partnerships in the public and private sectors.

Brokers Admin Team Report
The week in review shows liability generation is 30.2% (8.6M) of the budget. Risk Asset Transaction Disbursed for the week - Nil , Fresh Fund (RTN) for the Week 8M, Reap Fund for the week 610K, Rollover for the week Nil, Liquidation for the week 20M. The report also captured Pending RTN transactions.

Cooperate Lease Team Report
shows all transactions of the existing operating lease clients and their outstanding payments. The report also captures transactions in the pipeline (operating lease).

Wealth Management Team Report
The report captures the activities for the week.

Credit Risk Management Report
The report shows PDO recovery is 17.7M (39% of the target). Extended interest recovery as 1.6M at 23 counts (43% of the target), Provisioned Accounts recovery as 968k at 13 counts (24% of the target).

RISK ASSET GENERATION REPORT

TREASURY MANAGEMENT REPORT

MEETING ADJOURNMENT
Faith Ozegbe said the closing prayers