Develop and maintain reasonable business targets covering deposits, risk assets creation and profitability
Ensure market strategy implementation and development of new products/services in line with corporate strategy
Risk asset portfolio of N253M in first year of operation
Closed the year with a positive position of N4M
MFB broke even in 5 months of operation.
1,700 customers in first year of operation
Drive all business activities by being responsible for the operations, service delivery and other business initiatives of the MFB.
Uphold high standards of risk management associated with the business and ensure sound financial reporting to regulatory authorities.
Provide direction for business, set performance contracts and monitor overall team performance against business plan targets.
1.Moved the mfb from a profit position of N4M IN 2011 to an equally positive position of N7M
2. Increased customer base from 1,700 to 3,200
3. A balance sheet size of N183M
4.Risk asset portfolio of N450M in 2011
5. Liability generation of over N180M as at Dec 31st 2011.