Golf
ORLANDO LYOMU
CEO
NAIROBI,NAIROBI
Summary
CEO & MD | Chief Operating Officer | Chief Financial Officer | Chief Accountant | Treasury Manager Experienced and visionary CEO with over 15 years of executive leadership experience in different industries. Demonstrated success in driving business growth and profitability through effective strategic planning, team building, and relationship management. Proven ability to lead cross-functional teams to achieve challenging business objectives. Skilled in developing and executing strategies that create value for all stakeholders. To seek and maintain full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills. Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals. Detail-oriented team player with strong organizational skills. Ability to handle multiple projects simultaneously with a high degree of accuracy.
Overview
20
20
years of professional experience
3
3
Languages
Work History
Group Chief Executive Officer / Managing Director
Standard Media Group
09.2017 - Current
- Provide overall leadership and strategic direction , overseeing all aspects of operations, including finance, sales, marketing, and product development
- Develop and execute business strategies that drive growth and profitability, resulting in growth of number of products and increasing revenue base
- Build and lead high-performing team, providing coaching and guidance to department heads to ensure alignment with company goals
- Cultivate and maintain relationships with key stakeholders, including investors, customers and partners
- Led efforts to identify and pursue new business opportunities. Established 5 new products within two years.
- Grew bottom line from loss to profit in the first year in charge.
Chief Operating Officer / Group Finance Director
Standard Media Group
01.2016 - 08.2017
- A senior strategic leadership position within the organization second to the CEO, with significant Board and Stakeholders interactions
- I was a key partner to the CEO on strategic and operational matters with additional responsibilities over financial matters, business planning activities as well as Shared Services (Human Resources, ICT, Procurement and Supply Chain Management and Administration functions)
- In addition to responsibilities of the GFD, I acted as a catalyst for change and business growth
- I provided solutions to everyday operational challenges, promoted efficient execution of business objectives and helped identify future opportunities.
Group Finance Director
Standard Media Group
03.2013 - 12.2015
- The position is responsible for leading and developing the strategic and operational aspects of the Group's Finance function, comprising of The Standard Newspaper, KTN, Radio Maisha, Outdoor Media Services and Publishers Distribution Services (PDS) brands
- The role has overall responsibility for the Group's Financial Management as well as sitting on the Board
- I played a leading role in shaping the strategic agenda towards realisation of the business objectives
- I managed financial performance, implemented and enhanced risk management initiatives and controls as well as improved overall performance of the organisation through strengthening of systems and processes
- Key Contributions:
- Championed automation of the business, moving from manual processes to a fully automated ERP environment
- This formed the foundation of a successful strategy execution based on ability to measure performance
- Introduced various risk management initiatives and strengthened internal controls leading to better procurement practices, better cost analysis and reduced opex
- I introduced a strong credit control function to manage an out of hand debt situation
- I was instrumental the implementation of SAP ERP and Media solutions, of which I played a key role in ensuring a successful project
- I introduced the Procurement function, realising savings in cost of purchasing goods and services of up to 40% over 3 years
- Refocused management effort towards evaluating the distribution system so as to address challenges encountered in delivering products into the market and revenue leakages
- Reorganized the Finance department structure, aligning functions and the teams to become more results oriented.
Chief Financial Officer
Gulf Energy Ltd
02.2009 - 02.2013
- In this role I managed and was responsible for operations in Kenya, Uganda, Tanzania and Rwanda offices, leading a team of more than 20 people, which includes 6 direct reports
- Scope of authority and responsibilities covered the following areas: Finance & Accounting, Strategy implementation
- Procurement, Treasury, Tax, Audits, Project Management and ICT
- I streamlined the procurement system, improved cost controls, introduced better financial reporting and analysis tools, enhanced risk management and strengthened internal controls and set up credit control system
- I improved tax planning, reduced tax penalties and enhanced company liquidity through better cash flow management initiatives
- I also put in place reporting tools that are highly summarized and very effective in communicating company performance using excel dashboards
- Key Contribution
- Negotiated bank facilities that provided much needed financing, helping the company seize new opportunities
- This led the company to realize growth in revenues and profitability by over 100% in 2 years
- Introduced various risk management initiatives and strengthened internal controls leading to better procurement practices, better cost analysis and reduced opex
- Improved Treasury function leading to better cash flow management and reduced risk of cash losses
- Introduced Strategy linked Budget Planning, helping focus budget objectives to measurable results
- Refocused investment strategy of the company to improve the quality of the Balance Sheet.
Chief Accountant
01.2007 - 01.2008
- Identified as part of the High Performance talent pool, I was promoted to manage the Accounting function and a team of 14, comprising Payables, Taxation, Costing, Financial Accounting and Reporting
- Acted as the principal deputy to the Finance Manager
- I managed to spearhead the team’s efforts in collecting of over Kes300 Million in Tax refund claims from the revenue body, improved accounting controls and enhanced the quality of accounting records and reports
Treasury Manager
01.2005 - 01.2007
- I was promoted to this demanding position within 5 years of employment, to manage the Company’s Treasury function, managing bank facilities totaling over Kes11 Billion (USD130Mn)
- I was responsible for establishing liquidity requirements of the company, advising Executive Management on funding options and optimizing related costs
- This position also required prudent management of foreign currency and liquidity risk and ability to maintain positive relations with banks.
Financial Accountant
01.2003 - 01.2004
- Was responsible for Joint Venture accounting, accounts payable, ensuring accuracy of financial accounts through direct responsibility over posting of overheads, investments, tax and product costing, while doubling up as part of SAP implementation team
- Managed to turn around section within 6 months, from lowly rated one to high performing unit
- Key Contributions:
- Led process of revamping whole Procure-to-Pay process, reducing delays, eliminating suppliers’ complaints and improving company image and reputation.
- Was able to drive effort to clean up ledgers and explain all accounts in detail, which made transition to SAP ERP system easier and faster.
Education
MBA -
Strathmore Business School / IESE Business School
Nairobi 01.2012 - 01.2014
Certified Public Accountant (Kenya) -
Kenya College of Accountancy
Nairobi 12.2003 - 01.2002
B. COMM Accounting -
University of Nairobi
Nairobi 11.1998 - 11.1998
High School Diploma -
K.C.P.E. – Moi High School
Nakuru 11.1992 - 11.1992
Skills
Executive team leadership
Affiliations
Member, Institute of Certified Public Accountants of Kenya
Additional Information
Member of Advisory Council, CFK Africa
Interests
Cooking
Travelling
Timeline
Group Chief Executive Officer / Managing Director
Standard Media Group
09.2017 - Current
Chief Operating Officer / Group Finance Director
Standard Media Group
01.2016 - 08.2017
Group Finance Director
Standard Media Group
03.2013 - 12.2015
MBA -
Strathmore Business School / IESE Business School
01.2012 - 01.2014
Chief Financial Officer
Gulf Energy Ltd
02.2009 - 02.2013
Chief Accountant
01.2007 - 01.2008
Treasury Manager
01.2005 - 01.2007
Certified Public Accountant (Kenya) -
Kenya College of Accountancy
12.2003 - 01.2002
Financial Accountant
01.2003 - 01.2004
B. COMM Accounting -
University of Nairobi
11.1998 - 11.1998
High School Diploma -
K.C.P.E. – Moi High School
11.1992 - 11.1992
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