PETER AJAYI
HEAD OF BANK OPERATIONS
ABUJA
Summary
Pragmatic professional with solid experience in leadership roles. Adept at implementing strategic business plans, driving growth and improving operations. Skilled in financial management and stakeholder relations. Collaborative and dedicated to building and leading talented and motivated individuals.
Overview
23
23
years of professional experience
8
8
years of post-secondary education
Work History
CHIEF OPERATING OFFICER
FIRST MUTUAL MICROFINANCE BANK LIMITED - ABUJA
1 2016 - Current
- Successful acquisition of new software, implementation and integration with NIBSS
- Achievement of cost reduction and productivity through total quality Management of human and material resources (People Management and Document Management System)
- Business Development( Loan & deposit), Products Development, Initiation of Strategic Direction and Business Communications, Program Champion ( Bottom of Pyramid - Bank of Industry)
- Monumental turnaround of zero quality retail risk asset position to performing and properly secured and improved Profitability
- Monumental reduction in portfolio at risk & Review of Risk Management Policy Manual and Credit Appraisal Memorandum
- Provision of excellent customer services & satisfactory stakeholder’s relationship CBN, NDIC, BOI, FIRS, Correspondence Banks, Board, vendors etc.
- Formulated strategic plans aligning with overall company vision; setting achievable short and long-term goals to drive growth and profitability.
- Ensured regulatory compliance by developing policies in line with industry best practices to mitigate risks associated with legal or ethical violations.
- Identified and pursued business development opportunities to grow organization and increase revenue.
- Negotiated favorable vendor contracts for cost-effective procurement solutions that supported business growth objectives.
- Promoted a positive corporate culture by implementing employee engagement programs that recognized achievement and fostered collaboration among teams.
- Mentored team members by sharing knowledge, offering guidance, and providing constructive feedback; fostering a culture of continuous learning and development within the organization.
- Championed continuous improvement initiatives, fostering a culture of innovation within the organization.
- Implemented robust risk management strategies, safeguarding company assets and minimizing potential liabilities.
- Maintained P&L and shouldered corporate fiscal responsibility.
- Oversaw day-to-day operations across multiple departments, ensuring timely delivery of projects and streamlined workflows.
- Guided teams through periods of significant change by providing clear communication and decisive leadership during transitions.
- Developed comprehensive financial plans to support long-term business objectives, reducing operational expenses while maximizing profitability.
- Led cross-functional teams to exceed performance targets, establishing collaborative environment that leveraged each team's strengths.
- Created succession plans to provide continuity of operations during leadership transitions.
- Represented organization at industry conferences and events.
HEAD, CREDIT & MARKETING
FIRST CITY MONUMENT BANK
08.2009 - 08.2013
- Established & Managed Major Public & Private sector business relationship
- Successful Market segmentation and customer profiling.
- Worked well in a team setting, providing support and guidance.
- Assisted with day-to-day operations, working efficiently and productively with all team members.
- Participated in team projects, demonstrating an ability to work collaboratively and effectively.
CREDIT & MARKETING OFFICER
ECOBANK LIMITED
11.2007 - 08.2009
- Achievement of sound risk asset culture in the three Branches of my deployment.
HEAD, CREDIT & MARKETING
MANNYBANK PLC (NOW FIDELITY BANK PLC)
08.2001 - 10.2007
- Successful customer services cash management within MannyBank Northern region and CBN to achieve sound liquidity position throughout the 2005 CBN induced consolidation
- Established & Managed Major Public & Private sector business relationship.
Education
No Degree - Project Management
Dataville Research
Abuja Nigeria 04.2001 - 04.2024
Bachelor of Science - Political Science
Ahmadu Bello University
Zaria, Kaduna State, Nigeria 04.2001 - 04.1997
No Degree - Senior Secondary Certificate of Education
Offa Grammar School
Offa Kwara State 04.2001 - 04.1990
Skills
Executive Leadership & Decision Making
Affiliations
- Associate Member, AMNIM (Nigerian Institute of Management Chartered), 74463
- Micro Finance Certification Program, MCIB (Chartered Institute of Bankers of Nigeria), M91432
- Fellowship, FICA ICA/FE/1127/0021//PR/112 (Fellow, National Institute of Credit Administration)
- Fellowship, FIMC FIMC.ABJ5411.21 (Fellow, Institute of Management Consultants)
- Fellowship, FIDR (Institute for Development Research)
- Certification, Management Specialist, (London Graduate School), CMS
- Certified Management Consultant, CMC (The Institute of Management Consultants – Nigeria)
- Consultant, Guide point Global Advisors Düsseldorf, on Microfinance
Residentialaddress
BLOCK 36 FLAT 4, KANO STREET FORMAL FEDERAL GOVERNMENT SPECIAL GUEST HOUSE, AREA 1 GARKI, ABUJA
Phonenumbers
- +2347066495050
- +2348069611036
Personal Information
- Place of Birth: Offa, Kwara State
- Place of Birth: Kogi
- Date of Birth: 04/08/73
- Gender: Male
- Nationality: Nigeria
- Marital Status: Married
Emailaddresses
- PETERAJAYI_2001@YAHOO.COM
- PETERAJAYI7@GMAIL.COM
Languages
English, Yoruba, Hausa, Ebira
References
- Mr Daniel Ogunrinde, Head – Corporate Services, First Mutual Microfinance Bank, 29 Parakou Crescent Wuse 2 Abuja, 08069509159, adogunrinde@firstmutualmfbnigeria.com
- Alhaji Babangida Umar
Training
- Orientation and induction course, MannyBank Plc Lagos, 08/2001
- Basic credit and marketing course, MannyBank Plc Kano, 08/2002
- Service excellence course for the front office staff, MannyBank, 11/2003
- Training on International Operations, Fidelity Bank, Kano, 04/2006
- Assistant Officer’s induction course, Oceanic Bank Int. Lagos, 03/2006
- Customer champion training, Oceanic Bank Kano, 05/2008
- E-Payment and Cashless Policy Initiatives, FinBank Kano, 03/2012
- Fast Track and Detail Analysis Credit, FCMB Abuja, 05/2012
- Focus on AML for Nigeria, FCMB/Phillips Consulting (online), 04/2013
- AXE Credit Portal Training, FCMB Abuja, 05/2013
- Modern Marketing Techniques, Dil Consulting Abuja, 08/2016
- Funds Management & AML Training, Ronachart Training Inst.ABJ, 07/2018
- NIBSS Presentation and Products Manual - NAMBS FCT Training, Jul. 2020
Timeline
HEAD, CREDIT & MARKETING
FIRST CITY MONUMENT BANK
08.2009 - 08.2013
CREDIT & MARKETING OFFICER
ECOBANK LIMITED
11.2007 - 08.2009
HEAD, CREDIT & MARKETING
MANNYBANK PLC (NOW FIDELITY BANK PLC)
08.2001 - 10.2007
No Degree - Project Management
Dataville Research
04.2001 - 04.2024
Bachelor of Science - Political Science
Ahmadu Bello University
04.2001 - 04.1997
No Degree - Senior Secondary Certificate of Education
Offa Grammar School
04.2001 - 04.1990
CHIEF OPERATING OFFICER
FIRST MUTUAL MICROFINANCE BANK LIMITED - ABUJA
1 2016 - Current
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