Professional Chief Business Officer with over 18 years of experience successfully devising and executing strategic business plans. Sustainable growth-minded budget coordinator with collaborative approach to determining specific, detailed quarterly and annual revenue and expenditure targets. Sensible personnel manager, implementing employee-focused wellness programs and generating industry-leading worker satisfaction ratings.
Overview
11
11
years of professional experience
Work History
Chief Business Officer
Ed Partners Africa LTD
01.2022
Implement and execute a go-to-market strategy that resulted in a 9% increase in revenue for the company within the first quarter
Lead a cross-functional team to launch a new financial product that exceed sales goals by 25% in the first year
Successfully negotiated partnerships with two major services providers, resulting in a 37% increase in market reach for the company
Implemented data-driven pricing strategies that have led to a 3% increase in profit margins within four months
Developed and executed a customer retention program that has decreased customer churn by 7% and increased customer satisfaction ratings by 12%
Overseeing five departments that is business development, bancassurance, collections, marketing and branding and social impact
Adjusted company plan based on customer satisfaction surveys and sales reports to achieve stronger market position
Communicated business performance, forecasts and strategies to investors and shareholders.
Head of Operations
Middle East Bank Ltd
Nairobi , Kenya
01.2019 - 01.2022
Led the discovery, development and execution of high-priority business initiatives, financial products, and services in priority markets, resulting in a 37% increase in revenue
Reduced overhead costs by 19% by optimizing staffing levels and renegotiating vendor contracts
Implemented a training program that improved employee productivity by 15%, resulting in a more knowledgeable and effective workforce
Prepared annual budgets with controls to prevent overages
Forecasted trends and recommended improvements based on financial risk analyses
Improved overall financial reporting by streamlining control processes and reporting structures.
Branch Manager
Middle East Bank Ltd
01.2016 - 01.2019
Implemented project management best practices, policies, tools and partnerships resulting in a 17% improvement in project delivery timelines and a 23% reduction in project costs
Assessed employee performance and developed improvement plans
Developed and implemented a new customer service training program, resulting in a 33% improvement in employee productivity and a 21% increase in NPS in a year
Achieved a 90% loan recovery rate through effective credit risk management and loan monitoring practices, resulting in a reduction in the branch's non-performing loans by 15% in eighteen months
Implemented new Visa Debit and Prepaid cards, resulting in a 25% increase in customer usage of debit cards and a 20% increase in prepaid card adoption within the first year.
Business Development Manager
Imperial Bank (Uganda) Ltd
Kampala , Uganda
01.2011 - 01.2015
Developed and executed a marketing strategy that led to a 43% increase in customer acquisition
Implemented a customer retention program that resulted in a 22% reduction in customer churn and a 15% increase in customer satisfaction scores CSAT
Established key partnerships with local businesses and community organizations, resulting in a 15% increase in NPS and a 25% increase in branch visibility within the community
Identified and pursued valuable business opportunities to generate new company revenue and improve bottom line profit
Generated new business with marketing initiatives and strategic plans
Established relationships with key decision-makers within customer's organization to promote growth and retention
Liaised with sales, marketing, and management teams to develop solutions and accomplish shared objectives
STRENGTHS
Leadership
Proven ability to inspire and lead cross-functional teams
Innovation
A history of implementing new technologies.
Education
Master of Business Administration - undefined
Kenya Methodist University
2023
Bachelor of Business Administration - undefined
Kenya Methodist University
2017
Skills
Innovation
Strategic Planning
Corporate Governance
Project Management
Business Development and
Planning
Program Administration
Succession Planning
Marketing Strategy
Team Building Expertise
Relationship Building and
Management
Referee
Upon Request
Languages
English, Kiswahili
Native language
Timeline
Chief Business Officer
Ed Partners Africa LTD
01.2022
Head of Operations
Middle East Bank Ltd
01.2019 - 01.2022
Branch Manager
Middle East Bank Ltd
01.2016 - 01.2019
Business Development Manager
Imperial Bank (Uganda) Ltd
01.2011 - 01.2015
Master of Business Administration - undefined
Kenya Methodist University
Bachelor of Business Administration - undefined
Kenya Methodist University
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SYLVESTER MWANGANGISYLVESTER MWANGANGI
Chief Business Officer at Ed Partners Africa LimitedChief Business Officer at Ed Partners Africa Limited