Demilade Ajibade

Experience

• 

  Fosad Consulting, LLC

  Feb 2014 - Aug 2018

  Administrative/Finance Officer

  • Provided general administrative support to the National Controller and over 80 sales agents daily.• Compiled and reconciled the Agency’s nationwide production report monthly.• Procured stationery, toners, printers, cabinet and other office working tools.• Assisted in resolving ICT related issues and troubleshooting of ICT devices.• Processed sales agents’ allowance and commission payment.• Prepared business proposal for presentation to clients and prospects.• Established and maintained relationships with customers while addressing their issues. Show less

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  Cornerstone Insurance Plc

  Sept 2018 - Oct 2022

  Product Manager | Retail Products (Agency & Bancassurance)

  • Achieved financial objectives by preparing annual budget; production forecast; scheduling expenditures; analyzing variances; initiating corrective actions for Agency and Bancassurance team.• Quarterly reviewed Retail insurance products and ensured the products meet customers' expectations as well as business goals. • Successfully revised training program for new sales agents and increased their retention rate from 23% to 71%.• Review sales agent’s performance standards periodically and set KPIs to improve result.• Launched product campaigns and sales promos that improved customer acquisition.• Collaborated with partners bank’s Bancassurance Heads to ensure smooth running of Bancassurance operations across bank branches nationwide.• Maintained the database of all Financial planners and Bancassurance agents.• Provided general administrative support to over 800 Agency and Bancassurance team. Show less

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  Union Bank of Nigeria

  Nov 2022 - now

  Head, Bancassurance| Retail Product Manager

  • Proactively developing product strategy that aligns with the business goals with an evidential growth in deposit and revenue.• Successfully launching products and initiatives to attract new bank customers.• Overseeing new product design and development to meet current market realities.• Effectively conducting periodic review of current products’ profitability and revamping features of struggling products. • Coordinating periodic branch, frontline and staff training to improve productivity.• Organizing internal and external campaigns, promos and market storms to grow deposits & new to bank customer acquisition.• Effectively managing a collaboration with the top insurance providers in Nigeria with the aim of improving customers retention and profitably boosting the bank’s revenue.• Facilitating the smooth operations of bancassurance partners across bank branches nationwide and periodic review of procedures, partnerships, and agreement for optimization. Show less