Ikechukwu Ufudo

Experience

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  SAVANNAH BANK OF NIG. PLC

  Aug 2001 - Mar 2002

  Banking Operation Department
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  TRW STOCKBROKERS LTD

  Aug 2002 - Oct 2005

  Business Development Executive

  • Developed Business Relationships and managed client portfolios.• Provided financial advisory to private banking clients.• Prepared stock valuation reports for the company and for clients.• Accurately analysed and monitored stock performance.• In charge of updating proprietary portfolios on a daily basis.

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  Futureview Financial Services Ltd

  Oct 2005 - Sept 2007

  Business Development, Lagos

  • Actively participated as a member of the strategic management team.• Developed marketing plans for the company’s services.• Served as Marketing Team Lead and report to the Executive Director, Business Development.• Coordinated the front office and sales units’ activities in areas of customer relationship management, direct marketing, database marketing.• Established new business relationships.• Led the marketing team that grew the company’s retail clientele base from 1,500 to over 50,000 Stockbroking in 3 years. Show less

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  Futureview Financial Services Ltd

  Sept 2008 - Aug 2010

  Key Achievements:• Managed an average portfolio size of N700 million for PFAs, HNIs and corporate clients in the Abuja region. Asset maintained were mainly stocks of quoted companies in the Nigerian Stock Exchange.• Raised over N1.5Bn from PFAs, HNIs and corporate clients in the Abuja region for various public offers and private placements of shares in 2009/2010.Responsibilities:• Provided leadership and direction to the branch while developing and maintaining business relationships for the company.• Liaised with Securities and Exchange Commission, Abuja office on behalf of the FutureView.• Ensured timely delivery on all assignments and promoted effective communication with the corporate head office. • Coordinated all business activities within the branch and reported to the management as and when due.• Conducted staff performance appraisal in the Branch.• Optimized branch resources in line with corporate goals. Show less Key Achievements:• Team member of FutureView: Joint Issuing House of the Imo State N18.5billion Bond issue, series 1 in 2009. • Raised N2.5billion of the offer from PFAs and corporate institutions.Responsibilities:• Served as Head of Sales and Distribution, a unit under Corporate Finance Department.• Coordinated sales and marketing of various public offers and private placements.• Spearheaded the remittances and receipts for various capital raising issues handled by the company.• Developed and maintained business relationships with corporate clients.• Prepared Presentations for Capital Raising and Financial Advisory proposals for Corporate bodies and State Governments.• Packaged Expression of Interest (EOI) documentation with respect to applications in State Governments and the FCT bids.• Packaged bids (Financial and Technical proposals) with respect to the Privatization of State and Federal Governments properties and interests. • Team member, Bid team for company’s participation in NITEL Privatization exercise by BPE. Show less

  • Branch Manager, Abuja

    Aug 2009 - Aug 2010

  • Corporate Finance, Lagos

    Sept 2008 - Aug 2009
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  AFRIPAY LIMITED (A member of the UBA Group)

  Aug 2010 - Dec 2012

  Head, Retail Business Development

  Key Achievements:• Acquired and trained over 200 U-Mo Mobile money agents within 3months post product launch.• Achieved 56,000 active subscribers with U-Mo within 3months post product launch. • Hit total transaction value of N80M in turnover from transactions done through mobile money agent within the first 3 months of operation.Responsibilities:• Served as member of the management team of Afri-Pay (promoters of U-Mo mobile money service).• Key member of the product development team for U-Mo preparatory to the commercial launch of the U-Mobile money service in Nigeria.• Spearheaded the acquisition, distribution and growth of U-Mo mobile money agents throughout the country.• Coordinated the Training, Development and Deployment of Direct Sales Agent to aid product sales and marketing.• Developed various marketing campaigns and strategies targeted at different market segments to drive mobile money penetration and customer acquisition.• Proactively developed and managed alliances with associations, organizations and businesses to drive customer acquisition, usage and acceptance of Afri-Pay products.• Monitored and analysed market trends and competition while managing product innovation to enable Afri-Pay have the best product offerings.• Spearheaded brand development through multi-layered marketing activities throughout Nigeria.• Proactively reporting and providing guidance to the Board and the management on marketing performance, market trends and competitive developments for planning and timely reactions. Show less

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  UBA Group

  Jan 2013 - Jan 2023

  Head, Bank Sales Unit: Global Financial Institutions

  Key Achievements:• Originated and managed an average of US$200M Financial Institutions Risk Asset annually generating revenues for the Bank.• Served as Relationship Manager in UBA’s participations in all Trade finance risks with many African banks (from the buy-side) under MRPA. • Managed the Bank’s account in the participation in major syndicated facilities with other International Banks (LMA standard) for various Nigerian Banks with our total participation amount to the tune of US$85M in 2014-15.• Consistently achieved Zero NPL in loan portfolio.• Originated and processed inward Guarantees and SBLCs on behalf of various International Financial Institutions in excess of US$100M from 2015-2017.Responsibilities:• Provide Trade finance solutions to African banks (in 19 African countries) by leveraging on the Group’s balance sheet and trade processing capacities of UBA NY and UBA UK. • Conduct credit appraisal of Financial Institutions for the purposes of setting up Counterparty limits to be used across the Group (Africa, Nigeria, New York and London). This includes deriving credit rating for the banks and recommending counterparty limits distributed across our product lines (Treasury limits, Trade Finance and Bilateral facilities).• Manage correspondent banking relationship between UBA New York, UBA UK and local banks in Nigeria and other African countries.• Relationship manager for UBA’s collaboration with international FIs in syndicated facilities and Trade Risk participation transactions on behalf of local banks in Africa.• Originated Trade Finance Risks Assets Transactions from African banks that meet UBA’s risk acceptance criteria for fulfilment at UBA NY or UBA UK.• Responsible for signing-on and conducting KYC/AML/CFT checks on new and existing correspondent banking relationships between UBA and banks in Nigeria and other countries of Africa. Show less

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  LOANBOOK LIMITED

  Jan 2023 - now

  • Managing Director

    Jan 2023 - now

  • Managing Director

    Jan 2023 - now

  • Managing Director

    Jan 2023 - now