Adekunle Frank ALARAPON
Anthony Village,Lagos State
Summary
Accomplished professional with expertise in product innovation, product development, and business development. Demonstrated proficiency in capacity development, scrum mastery, and gamification. Adept at financial analysis with a proven track record of driving successful projects. Career goal: to leverage skills in a dynamic environment to foster growth and innovation.
Overview
24
24
years of professional experience
Work History
Chief Digital Officer (AGM)
PARALLEX BANK LIMITED
07.2024 - 01.2025
- Responsible for growing the Digital business of the bank across issuance, acquiring; payments and agency banking services
- Grew monthly revenue from N35m to N120m (H1 vs H2 closing)
Divisional Head, Retail & SME Business
PARALLEX BANK LIMITED
07.2024 - 01.2025
- Responsible for managing all the 15 branches of the bank
- Grew balance sheet from N81B in June 2024 to N176B by December 2024
- Increased profitable branches from 2 to 9 within 6 months
- Developed 6 new product papers for SME and Retail products
- Increased monthly revenue from N32M to N740M in the retail and SME space
Head, Retail & SMEs Sales
WEMA BANK PLC (ALAT- THE DIGITAL BANK)
10.2023 - 06.2024
Head, Retail Segments & Transaction Banking
WEMA BANK PLC (ALAT- THE DIGITAL BANK)
02.2022 - 09.2023
- Responsible for the management of the following SBUs: Agency Banking & Financial Inclusion, Workplace & Value-chain Banking, Gender Proposition (Sara by Wema), Gaming & Entertainment Business, Youth Banking, Consumer Banking Unit
- Superintended over the Bank’s Transact & Win Promo (5for5 promo)
Ag. Head, Retail Products
WEMA BANK PLC (ALAT- THE DIGITAL BANK)
02.2020 - 01.2022
- Appointed acting Head of retail products for the bank in February 2020 with oversight on Personal lending and Retail liability products
- Developed the roadmap for product revamp and digitalization of liability and asset products for individual customers on ALAT and Bankpass as we embarked on quarterly refreshes of these apps towards meeting the customers’ needs and convenience
Head, Gaming & Entertainment
WEMA BANK PLC (ALAT- THE DIGITAL BANK)
10.2018 - 01.2020
- Developed the roadmap for growing the bank’s liability and asset portfolio in gaming (from N3 Billion to N10.2 billion within 12 months)
- On-boarded 17 new gaming companies to the bank within the period
- Increased month-on-month collections from N600M to N4.2B from gaming companies
- Fully integrated fifteen (15) gaming companies into the bank’s collection channels
- Active participation in the ALAT agile and scrum processes for the digitalization of retail products
Business Development Manager, Dopemu Branch
WEMA BANK PLC (ALAT- THE DIGITAL BANK)
01.2015 - 09.2018
- Moved Balance Sheet from N700M to N7.4B in 36 Months with consistent average monthly growth
- Introduced In-house Training Programs for Relationship Managers
- Improved Branch ambiance at minimal cost to Management
- Moved Branch from loss-making to PBT of N8.1M as of September 2016
- Improved Service rating from 48% to 92%
Cluster Manager, Alimosho Cluster, LM1
STANBIC IBTC BANK PLC
09.2012 - 03.2014
- Critical assessment of existing products to redesign and realign them for optimum profitability
- Development of new businesses and coordination of all the branches within the cluster
- Recruitment and training of DSAs and Relationship Bankers
- Periodic review of BM performance at all locations
- Balance Sheet size under management is N3.64B
- Staff strength was 86 with a customer base of over 17,000
- Last PBT was N49.6M
Branch Manager
STANBIC IBTC BANK PLC
Akowonjo, Nigeria
01.2012 - 12.2012
- Management of Branch Balance sheet, P & L and other assets
- Creation of New-to-business in Personal, SME and Commercial Banking spaces
- Daily/Weekly/Monthly reporting of Team performance
- Responsible for service delivery assurance at the branch
Branch Manager
UBA PLC
Oke-Arin, Nigeria
04.2009 - 02.2010
- Responsible for the management of the Branch
- Moved Balance Sheet from N320M to N600M in 10 months as a retail branch
Profit Center Manager, Local Corporate
UBA PLC
Marine View, Nigeria
08.2007 - 03.2009
- Responsible for the creation of new corporate accounts within the bank
- Creation of Risk Assets; Bonds and Guarantees
- Management of Branch Balance sheet under SME/Corporate banking
- Management of Term deposits for new and existing clients
Back-up to Unit Head NACS
OCEANIC INTERNATIONAL BANK PLC
04.2003 - 03.2005
- Interbank reconciliation (with FBN PLC)
- Maintaining absolute data management of outward and inward cheques
- Data transmission and recovery to and from NIBSS
- Preparation of SQL reports and uploads to FINACLE for outward returns
- Regular server maintenance, data backup and archiving
- Management of the bank’s reader sorters and other NACS equipment
- Relationships with CBN on behalf of the bank as regards automated clearing
Funds Transfer Officer
STANDARD TRUST BANK PLC
Head office, VI, Nigeria
12.2002 - 03.2003
Customer Service Officer
STANDARD TRUST BANK PLC
Head office, VI, Nigeria
09.2002 - 11.2002
Resident Control Officer, Kaduna 1
STANDARD TRUST BANK PLC
Kaduna
01.2002 - 08.2002
Central Clearing Unit (clearing Officer)
STANDARD TRUST BANK PLC
07.2001 - 12.2001
Education
Advanced Certification - Payment Technology
Strathmore Business School,
Nairobi, Kenya 09.2024 -
Certificate in Digital Finance -
Frankfurt Business School
MSc - Web Design & Development
Unicaf University
Chartered Institute of Management Accountants - Final Stage
UK
M.B.A - Finance
University of Calabar
PGD Certificate course - Infotech & Business Development
Crewlane Technologies Inc
Associate Member - undefined
Nigeria Institute of Management
B.Agric Tech - Agric Econs & Extension
Federal University of Technology
Senior Secondary School Certificate - undefined
St. Joseph College
Skills
- Product Innovation
- Product Development
- Business Development
- Capacity Development
- Scrum Mastery
- Gamification
- Financial Analysis
Affiliations
- Member, Automation committee on centralized clearing, Oceanic Bank PLC
- Member, Steering Committee on Settlement Banking (2002/2003)
- Member, ISACA - 2007
- Member, Fisheries Society of Nigeria (2009)
- Member, Society of Animal Production (2014)
- Member, CFA Society of Nigeria – 2016
Accomplishments
Distinction in Leadership and Strategy (CIBN, 2007)
Honorary Member, i-Gaming Academy, Excel, London
Scholarship Award, Unicaf University (Online) - 2021
REFEREES
- Mr Wole Ajimisinmi, Executive Director, Wema Bank PLC
- Mr Wole Akinleye, Deputy Managing Director, Wema Bank PLC
- Mr Wole Adeniyi, Chief Executive Officer, Stanbic IBTC Bank PLC
Languages
English
Yoruba
Hausa
Timeline
Advanced Certification - Payment Technology
Strathmore Business School,
09.2024 -
Chief Digital Officer (AGM)
PARALLEX BANK LIMITED
07.2024 - 01.2025
Divisional Head, Retail & SME Business
PARALLEX BANK LIMITED
07.2024 - 01.2025
Head, Retail & SMEs Sales
WEMA BANK PLC (ALAT- THE DIGITAL BANK)
10.2023 - 06.2024
Head, Retail Segments & Transaction Banking
WEMA BANK PLC (ALAT- THE DIGITAL BANK)
02.2022 - 09.2023
Ag. Head, Retail Products
WEMA BANK PLC (ALAT- THE DIGITAL BANK)
02.2020 - 01.2022
Head, Gaming & Entertainment
WEMA BANK PLC (ALAT- THE DIGITAL BANK)
10.2018 - 01.2020
Business Development Manager, Dopemu Branch
WEMA BANK PLC (ALAT- THE DIGITAL BANK)
01.2015 - 09.2018
Cluster Manager, Alimosho Cluster, LM1
STANBIC IBTC BANK PLC
09.2012 - 03.2014
Branch Manager
STANBIC IBTC BANK PLC
01.2012 - 12.2012
Branch Manager
UBA PLC
04.2009 - 02.2010
Profit Center Manager, Local Corporate
UBA PLC
08.2007 - 03.2009
Back-up to Unit Head NACS
OCEANIC INTERNATIONAL BANK PLC
04.2003 - 03.2005
Funds Transfer Officer
STANDARD TRUST BANK PLC
12.2002 - 03.2003
Customer Service Officer
STANDARD TRUST BANK PLC
09.2002 - 11.2002
Resident Control Officer, Kaduna 1
STANDARD TRUST BANK PLC
01.2002 - 08.2002
Central Clearing Unit (clearing Officer)
STANDARD TRUST BANK PLC
07.2001 - 12.2001
MSc - Web Design & Development
Unicaf University
Chartered Institute of Management Accountants - Final Stage
UK
M.B.A - Finance
University of Calabar
PGD Certificate course - Infotech & Business Development
Crewlane Technologies Inc
Associate Member - undefined
Nigeria Institute of Management
B.Agric Tech - Agric Econs & Extension
Federal University of Technology
Senior Secondary School Certificate - undefined
St. Joseph College
Certificate in Digital Finance -
Frankfurt Business School
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