Summary
Overview
Work History
Education
Skills Acquired
Professional Development
Membership
Volunteer Activities And Recognitions
Personal Information
Hobbies and Interests
Timeline
Generic
Justus Murenga Wanjala

Justus Murenga Wanjala

Nairobi

Summary

  • Utilize technology data to drive business growth both locally and internationally.
  • To contribute to the advancement of organization’s full potential of generating both short term and future profitability.
  • To bring my skills and experience in driving stakeholder value with innovation and energy.
  • To interface with both internal and external customers, and work with teams and use ICT software applications to enhance work flow systems, automations, customer experience, operational efficiency and team engagement.
  • To work with cross-cultural, internal and external teams to implement and oversee product sales strategies/innovation, business projects and operational changes aimed at stretching the limits.
  • To set and exceed expectations in Financial budgets, customer experience, operational controls and Human Capital leadership.
  • Adept at new market establishment, market penetration and station start up in Kenya, Uganda and Rwanda.
  • Over 20 years’ progressive leadership experience in Consumer & SME Lending, technology innovation with Fintech, Bank Operations and Corporate Relationship Management with blue chip, and dynamic financial services organizations.
  • Demonstrated successful traction in targeted market development and sales growth.
  • Solid leadership skills; able to build and guide top-performing teams across sales, operations, lending and marketing. Highly developed planning and organizational skills.
  • Excellent communication skills, familiar with multi-cultural environments and with an appreciation of cultural and gender diversity issues.


Accomplished in the following areas:

  • Established through consultancy services, a successful SME lending institution in Kenya with total balance sheet size of USD 4M within a year.
  • Successful deployment of technology systems i.e Core Banking System, Credit Scoring engine, Automated client and loan origination platforms, Data Analytics at GTBank and Okoa Finance companies.
  • Retail banking with focus on consumer and SME lending driven by latest technological innovation. Developed retail arm of GTBank in Kenya, Uganda and Rwanda with focus to mobilizing affordable cheap retail deposits and enhance Non funded Income.
  • Planning, design, coordination and leading of teams, product development, sales and customer relationship management activities encompassing cross-cutting issues.
  • Excellent Networking, pro-active partnership framework identification, partnership development and human capacity development.
  • Expert knowledge of business acquisition and marketing systems, the challenges and opportunities facing the systems and an understanding of customer and market specific issues in the today’s competitive world.

Overview

22
22
years of professional experience

Work History

Business Consultant, Director

Loanspur Limited
09.2019 - Current
  • Developed complete business plans and operational strategies for new and existing business.
  • Performed as consultant for startup business in areas of marketing, logistics, and training to various behavioral healthcare service professionals.
  • Established and maintained relationships with key stakeholders for growth opportunities and successful partnerships.
  • Led restructuring of organization internal processes, resulting in improved performance.
  • Let project teams in establishing new software stacks for Financial institutions.
  • Advised on best practices for human resources management, improving staff morale and productivity.
  • Built strong relationships with clients by consistently delivering actionable insights.

Group Chief Executive Officer

Okoa Finance Limited
09.2014 - 01.2019
  • Reporting to the Board of Directors, I am tasked with the responsibility of driving growth of the Non-Banking institution in changing lives and livelihoods of target MSME clients profitably.
  • Through technology, I have been able to mobilize resources to launch Mobile based Account origination platform, Loan scoring and origination system & Mobile Money Bulk processing systems.
  • I have mobilized over 120,000 active clients within 3 years.
  • Grown SME loans portfolio from zero to USD 4M with an average PAR of 3.1%.
  • Led team of 100 staff in growing the lending institution.
  • Operational efficiency through technology has reduced our operational costs by over 60%.
  • Expanded physical branch network and introduced more virtual branches to enhance customer experience.

Head of Retail Banking

Guaranty Trust Bank Ltd
03.2012 - 08.2014
  • Reporting to Managing Director- EA, responsible for growth of retail & Liability business in the Bank in Kenya, Uganda & Rwanda.
  • Formulates and lead the Bank’s countrywide EA strategy for Electronic banking business, transactional business, including the building of a strong liabilities team.
  • Member of AlCo in EA.
  • Develops new customer retail products, and capitalise on existing deposit products and services, and the bank’s present and future network of branches and other delivery outlets.
  • Focus on building the Banks transactional banking business through the acquisition and development of quality transactional services aimed at increasing NFI.
  • Develops and implement appropriate action plans to increase market share, lower cost of funds, and achieve transactional revenue to the desired level.
  • Network across the broader stakeholder group (Nigeria, Uganda and Rwanda in addition to Kenya) to leverage and identify business opportunities.
  • Develop a portfolio of high net worth clients, with the objective of catering to their investment requirements through a range of financial investment products and strategies.

Senior Relationship Manager (Electronic Banking)

Co-operative Bank (k) Ltd
09.2010 - 03.2012
  • Reporting to Chief Manager – Electronic Banking, responsible for 13 RMs generations of commissions (NFI) through SBUs by offering cash management product portfolio to Corporate Clients.
  • Delivered net commission income from Bulk payments, Direct Debit & Mobile collections of Ksh 51M within one year as an individual and Ksh 600M with the team.
  • Led a team of Relationship Managers in the country to achieve exceptional performance in promoting Electronic Banking products & Building Liabilities.
  • Continuously engaged, led, trained and motivated branch teams in focusing on the NFI stream.
  • Generated Leads from other SBUs to support my team in generating increased business acquisition.
  • Made e-banking product presentations and demonstrations both to internal & external corporate customers.
  • In conjunction with IT, ensured clients are adequately trained after the installation of the e-banking software.
  • Managed client relationships that encouraged cross selling other Bank products and solved any IT technical issues that arose.
  • Continuously analyzed clients’ needs for development/introduction of more e-banking solutions to ensure that the Bank has a competitive edge against its competitors.
  • Continuously monitored competitor activities to ensure that we maintain & expand our share of the market at the same time, countering their actions appropriately.

Senior Relationship Manager- Corporate

Equity Bank (k) Ltd
09.2009 - 09.2010
  • Reporting to the Director- Marketing & Product Development, responsible for Mobilizing deposits through deployment of E Banking channels.

Business Development Manager

African Banking Corporation Limited
03.2007 - 02.2009
  • Reporting to the Head-Retail Banking, responsible for leading bank staff in maintaining steady growth of Liability and Assets as well as adherence to operational policies and procedures.

Regional Sales Manager- Nairobi Region

Kenya Commercial Bank Ltd (KCB)
01.2006 - 01.2007
  • Reporting to the Country Head of Retail Sales, responsible for two hubs (12 branches), Moi Avenue branch and Stand Alone Hubs (North Eastern Branches).

Customer Advisor (CA)- Operations

Barclays Bank of Kenya Ltd
01.2003 - 01.2006
  • Reporting to the Retail Manager- Muthaiga Branch to support retail clients as Teller.

Education

Bachelor of Science - Computer Science

Jomo Kenyatta University of Agriculture & Technology
05.2025

Associate Diploma - Banking

AKIB
12.2017

MBA - Strategic Management

Africa Nazareen University
12.2018

Postgraduate Diploma - Marketing

Kenya Institute of Management
12.2008

Bsc degree - Actuarial Mathematics

University of Nairobi
12.2002

Skills Acquired

  • Fintech business development
  • Corporate Customer Relationship Management
  • Software Skills – Advanced Excel, HTML, PHP, Python, SQL
  • Product Development and Risk
  • Finance Reporting and Analysis

Professional Development

  • Financial Modelling Advanced Excel
  • CEO Africa Summit – Networking forum
  • Strategy for Africa Banking – Nigeria
  • Card Business Training - Rwanda
  • Business Intelligence Workshop
  • ICDL & User Support Professional - IAT
  • Mobile Banking Technology Course
  • Talent Management – Co-operative College
  • Agency banking training at Co-operative and Equity Bank.
  • Alternative Channels Management training at Equity Bank
  • Corporate Credit appraisal and management training
  • Product development Seminar
  • Performance Management Training – Balanced Score Card
  • Barclays Bank (K) Ltd: Cashiering Modules

Membership

  • Executive Director, Secretary to the Board of Directors, EXCO & ALCO chair Okoa Finance
  • ALCO & EXCO member in GTBank
  • Member Muthaiga Golf Club
  • Associateship of Kenya Institute of Bankers - AKIB
  • Associate Member of Kenya Institute of Management
  • Rotary Club member

Volunteer Activities And Recognitions

  • Best product innovations award for the SME sector in Kenya
  • Highest performance bonus earner in GTBank - EA
  • Rated best E-banking RM in both Cooperative Bank & Equity Bank’s Corporate & Institutional Banking Sector.
  • Rated excellent in the 2008 Performance Management Scorecard
  • Rated ‘Excellent’ in 2006 annual management review against agreed targets by achieving over 400% above target in KCB
  • Year 2005 Bronze winner of most magic moment compliments in Barclays Mt. Kenya Hub
  • Year 2005 Silver winner of most motivated and self-driven in Barclays Mt. Kenya Hub
  • Rated ‘TOP’ in annual performance review in 2005 in Barclays Bank (k) ltd
  • Recognized as customer service champion in all branches worked
  • Director University Students Aids Control Association

Personal Information

  • Age: 46
  • Gender: Male
  • Nationality: Kenyan
  • Marital Status: Married

Hobbies and Interests

  • Motivating young learners
  • ICT innovation
  • Women development issues
  • Sports

Timeline

Business Consultant, Director

Loanspur Limited
09.2019 - Current

Group Chief Executive Officer

Okoa Finance Limited
09.2014 - 01.2019

Head of Retail Banking

Guaranty Trust Bank Ltd
03.2012 - 08.2014

Senior Relationship Manager (Electronic Banking)

Co-operative Bank (k) Ltd
09.2010 - 03.2012

Senior Relationship Manager- Corporate

Equity Bank (k) Ltd
09.2009 - 09.2010

Business Development Manager

African Banking Corporation Limited
03.2007 - 02.2009

Regional Sales Manager- Nairobi Region

Kenya Commercial Bank Ltd (KCB)
01.2006 - 01.2007

Customer Advisor (CA)- Operations

Barclays Bank of Kenya Ltd
01.2003 - 01.2006

Bachelor of Science - Computer Science

Jomo Kenyatta University of Agriculture & Technology

Associate Diploma - Banking

AKIB

MBA - Strategic Management

Africa Nazareen University

Postgraduate Diploma - Marketing

Kenya Institute of Management

Bsc degree - Actuarial Mathematics

University of Nairobi
Justus Murenga Wanjala