Week 2 01-05-25

MANAGEMENT MEETING
Duration: 8:30 am - 12:37 pm
Venue: Virtual Via Google Meet
Presided by: Faith Ozegbe

ATTENDEES

ABDULLAHI NAJIMUDEEN       - Lead, Internal Operations
ABDULLAAH ODUNMBAKU    -  Portfolio Risk Analyst
ADETAYO OLUKOGA                 -  Asset Creation
ANTHONIA OGBU                    - Lead, Underwriting
CHIEMERIE CHINEDU               - Marketing Communications
CHIMA AGU                              - Ag, Lead Client Experience Management
CHUKWUMA OKONJI               - Telesales
EMMANUEL ONAKOYA             - Lead, CRM
EZINNE UMORZURIKE              - Lead, Legal
GODFREY EGBUOKPORO          - Lead, Communications
FAITH OZEGBE                           -  Acting Secretary
ITIEKHAO IKPEMINOGENA        -  General Manager
LAWRENCE DUKONI                  - Internal Operations
LINDA OTTAH-IJEKEYE                -  Brokers Admin
MERCEDES IFON                         - Lead, HR Strategy
MERCY UMA                                - Profit Center Head, Port Harcourt
NWANNE IKEJI                            - Sales
OLUSEGUN AKEJU                      -  Lead Data Science Unit/Loan Portfolio Unit
OLUWADAMILARE OLAYINKA     - Lead, Transformation
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 UKOR                             - Brokers
SAMUEL AMOS                          - Information Technology Support
SOPHIA DAGI                             -  Deputy National Channel Manager
SUNDAY KALU                            - Brokers

Faith Ozegbe said the opening prayer 

ORDER OF PRESENTATION
Telesales, Asset Creation, Corporate Lease, Port Harcourt, Abuja Wealth Management, Credit Risk Management, Transformation, Legal, Information Technology, and Internal Operations.

ACTIVITY REPORT (30th December – 3rd January, 2025)

Tele-sales Team Report
The total amount consummated by the team for the week in review is 22.4M  with the core telesales and customer retention team consummating 20M (200% of the week’s target) at 1 count and 2.4M (13% of the week’s target) at 2 counts respectively.

 Asset Creation report
For the period in review, Transactions disbursed are 52M. The total consummated by all sales channels is 72M

Wealth Management Global Report
The week in review shows total netflow as -38.3M

Brokers Admin Team Report
The week in review shows liability generation is 18% (10M) of the budget. Risk Asset Transaction Disbursed for the week Nil, Fresh Fund (RTN) for the Week Nil, Reap Fund for the week Nil, Rollover for the week 380K, Liquidation for the week 1.6M. 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).

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 (38%). 

Credit Risk Management Report
The report shows Core underwriters approved 66 transactions and pushed back 6 transactions. The senior underwriters approved 54 transactions and pushed back 14. In the recovery space, the total recovery is 8.8M (22.99%) broken down as PDO is 3.7M (17.76% of the target). Extended interest recovery as 940K  (17.46% of the target), Provisioned Accounts recovery as 4.1M at 22 counts (67.9% 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.

Information & Technology Team Report
Captures ongoing and completed projects.

Internal Operations Team Report
Captures the activities for the period in review

RISK ASSET GENERATION REPORT

WEALTH MANAGEMENT REPORT

MEETING ADJOURNMENT
Ezinne Umorzurike seconded by Ozegbe Faith adjourned the meeting