Sibiya Z.

Experience

• 

  LankaBangla Asset Management Company

  Jan 2017 - Apr 2017

  Intern

  Preparation of data base on-Different sectors of Bangladesh, i:e: Bank and NBFIs, Power Sector,Textile.-sector wise stock price movement

• 

  Green Delta Insurance Company Limited

  Oct 2018 - May 2022

  Green Delta Insurance is one of the leading general insurance company, with a reputation of prompt claims settlements, product variety, digital insurance access across Bangladesh.Core Responsibilities:• Managed Treasury Operations, Cash Management, and Liquidity Planning.• Oversaw Expense Accounts, including claims settlements, foreign remittances, reinsurance payments, vendor payments, and petty cash.• Addressed internal and external audit queries and implemented audit recommendations.• Organized annual budget approval meetings and quarterly budget review sessions, focusing on tracking budget variance, expenditure plans, and profit targets.• Managed an Investment Portfolio of BDT 1,400 million, including Fixed Deposits, Share Portfolio, Government Securities, and Zero-Coupon Bonds.• Oversaw credit lines totaling BDT 2,500 million with three commercial banks, monitoring quarterly and yearly finance costs.• Led a team of three to execute related responsibilities.Achievements:• Promoted to Assistant Manager.• Developed detailed monthly Cash Flow Projections and revenue projections, conducting various scenario analyses (base, good, best) considering the impact of COVID-19, and presented findings to the Management team. Recommended cautious expenditure management based on scenario analysis.• Contributed to strategic planning and execution for cost savings, achieving approximately BDT 6 million in annual savings, and designed various approval matrices and corporate SLAs. Show less Core Responsibilities:• Worked on Cash Management, and Liquidity Planning.• Worked with investments and borrowings, executed credit line drawdowns, and confirmed interest payments.• Collaborated with the Budget team for Annual Budget Preparation and Variance Analysis.• Served as the primary contact for Banking Relationships and handled various Regulatory Reporting.• Worked with the Finance & Accounts team on Management Reporting.Achievements:• Promoted to Senior Executive Officer within 6 months.• Implemented automation in banking, onboarding the S2B authorization and Onsite Cheque Printing (OCP) solution from Standard Chartered Bank (SCB), reducing transactional bank accounts from 590 to 53.• Designed and implemented a corporate signature matrix for 43 branches and the Head Office.• Successfully settled 1,050 client claims using bKash, a mobile financial service in Bangladesh.• Successfully onboarded Cash Management Services with BRAC Bank Limited. Show less Core responsibilities:• Restructured investments, compiled investment-related data, organized documentation, and ensured accurate calculations, including managing a Fixed Deposits portfolio worth BDT 1,000 million.• Collaborated with the MIS team on data management and management reporting.• Developed a comprehensive 5-year financial projection for Green Delta Insurance.Achievements:• First hire on the treasury team, contributing to its foundation.• Restructured the investment portfolio, identified and corrected errors in the existing investment software to accurately reflect the true value of investments.• Successfully managed a credit line of BDT 300 million from a private commercial bank. Show less

  • Assistant Manager, Treasury & Fund Management

    Jan 2021 - May 2022

  • Senior Executive Officer, Treasury & Fund Management

    Apr 2019 - Jan 2021

  • Executive Officer, Treasury & Fund Management

    Oct 2018 - Mar 2019
• 

  ASA International

  May 2022 - now

  ASA International Group plc (ASAI: LN) is one of the world's largest international microfinance institutions, listed in London Stock Exchange, working with a strong commitment to financial inclusion and socioeconomic progress. The company provides small, socially responsible loans to low-income, financially underserved entrepreneurs, predominantly women, across South Asia, South East Asia, West and East Africa.The Manager role reports to the Head of Treasury & to the Group CFO, interacts with other senior team leads along with all 13 subsidiaries in different regions and is responsible for Liquidity Management, FX Hedging, Investment Analysis, Debt Financing and other ad hoc basis reporting related to Treasury Operations.Core Responsibilities:• Manages cash plans, liquidity, and funding for holding companies and entities, ensuring accurate cash flow projections and monthly reporting for all entities.• Supports the team with lender communications, maintains a healthy funding pipeline, sources networks, manages credit lines, and assists with due diligence, including quarterly reporting to various lenders.• Collaborates with hedge partners on FX management, executing deals using forwards, swaps, and back-to-back facilities.• Prepares management reports and materials for the Executive Committee (ExCo), ALCO, and Board.• Leads Treasury Management System (TMS) implementation and updates the treasury manual.• Acts as a liaison between entity teams in Asia and Africa and the group treasury team in the Netherlands. Show less

  • Junior Assistant Director

    Nov 2024 - now

  • Manager - Treasury & Investments

    May 2022 - Nov 2024