Week 36 09-02-2024

MANAGEMENT MEETING
Duration: 8:30 am - 11:13 am
Venue: Virtual Via Google Meet
Presided by: Faith Ozegbe

ATTENDEES

ADEDOYIN ADEYEMI                -  Recovery
ADETAYO OLUKOGA                 -  Asset Creation
AJA IJI                                       - Branch Head Abuja
AMOTO SERIKI                          - Internal Operations 
ANTHONIA OGBU                    - Lead, Underwriting
CHIMA AGU                              - Ag, Lead Client Experience Management
CHUCKS OKOROAFOR             - Product Manager
EMMANUEL ONAKOYA             - Lead, CRM
GODFREY EGBUOKPORO          - Lead, Communications
FAITH OZEGBE                           -  Acting Secretary
ISIMEMEN EBHOMIEN              -  Accounts
ITIEKHAO IKPEMINOGENA        -  General Manager
JOHN ESAN                               - Product Manager
LINDA OTTAH-IJEKEYE                -  Brokers Admin
LOLO YOUNG-HARRY                 - Sales
NWANNE IKEJI                            - Sales
OLUSEGUN AKEJU                      -  Lead Data Science Unit/Loan Portfolio Unit
OLUWADAMILARE OLAYINKA     - lead, Transformation
OLUWAFEMI SIYANBOLA            - Sales
OLUWATOBI GBADAMOSI           - Product Manager
OLUWATONI LAWAL                    - Lead, Telesales
OLUWOLE EWEJOBI                     -  Head, Information Technology
OMOWALE BELLO                        -  Cooperate Lease
OMOWASINUOLA IJASANMI       - Product Manager
OWOICHO AGADA                       - Human Resources 
PETER OJUKWU                           - Asset Remedial Management
RALPH BRAYILLA                         - Head, Business Operations
SAMUEL OTTAH                            - Product Manager 
SOPHIA DAGI                               -  Deputy National Channel Manager
STANLEY MAFUVWE                    - Lead, Asset Remedial Management

Owoicho Agada said the opening prayer 

MINUTE ADOPTION
Sophia Dagi seconded by Faith Ozegbe

ORDER OF PRESENTATION
Account, Client Experience, Telesales, Asset Creation, Corporate Lease, Port Harcourt, Wealth Management, Credit Risk Management, Product Development, Business Operations, Transformation, Legal, Information Technology and Internal Operations.

ACTIVITY REPORT (26th – 30th August, 2024)

Communication Team Report

Tele-sales Team Report
The total amount consummated by the team for the week in review is 24.3M  with the core telesales and customer retention team consummating 15.9M (160% of the week’s target) at 2 counts and 8.3M (44% of the week’s target) at 6 counts respectively.

 Asset Creation report
For the period in review, Transactions disbursed are 83.5M.  Total channels contribution is 117.8M

Wealth Management Global Report
The week in review shows total netfolw as 1.2M

Brokers Admin Team Report
The week in review shows liability generation is 43% (24.9M) of the budget. Risk Asset Transaction Disbursed for the week 3M, Fresh Fund (RTN) for the Week 4.9M, Reap Fund for the week 320K, Rollover for the week 20M, Liquidation for the week 11.4M. 

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).

Port-Harcourt Branch Report
shows the activities for the period in review.

Abuja Branch Report
shows the activities for the period in review.

Wealth Management Team Report
For the week in review Executive summary shows the Liquidity Requirement status as BAD (33%). 

Credit Risk Management Report
The report shows Core underwriters approved 128 transactions and pushed back 14 transactions. The senior underwriters approved 147 transactions and pushed back 35. In the recovery space, the total recovery is  broken down as PDO is 23.6M (63.34% of the target). Extended interest recovery as 2.5M  (46.99% of the target), Provisioned Accounts recovery as 5.2M at 54 counts (85.7% of the target).

Transformation Team Report
Captures ongoing and completed projects.

Legal Team Report
The report captures the litigation and other tasks for the week in review

Human Resource Team Report
The report shows the activities carried out by the HR Admin, Learning and Development, People and Culture, and HRBP. It also shows completed and ongoing projects for the next month. A total of 162 staffs were hired.

RISK ASSET GENERATION REPORT

TREASURY MANAGEMENT REPORT

MEETING ADJOURNMENT
Sophia seconded by Faith Ozegbe adjourned the meeting