Olalekan Oluwakayode Akomolafe

ASSISTANT LECTURER
August 16, 1971

About Candidate

Driven Business Development Manager with 25 years of experience in organizational leadership. Well-educated in lead generation and relationship development with key clients and stakeholders. Recognized for guiding teams to success through coaching, sales technique training and revenue target achievement.

i have over six years teaching experience at  Michael Okpara University of Agriculture. Umudike , Imo State University and ICAN professional   classes.

Education

B

B.sc Finance

`1996
University Of ILORIN

B.sc

M

M.sc Finance

2018
Michael Okpara University Of Agriculture, Umudike

M.sc

M

MBA Financial Management

2004
Federal University of Technology,Owerri

Work & Experience

B

Business Development Mananger

February 2, 2020 - July 27, 2024
First Bank Of Nigeria

Business Development Manager, Business and Personal Banking, Warri, Delta, Nigeria. • Developed and significantly grew assigned territory Deposits by 50% and loans and advances by 234% after three years of leading the team. • Determined business development opportunities and implemented effective strategy for client acquisition. This led to additional N1billion LAD creation from First Traders, $2m on Import Finance Facility transactions. • Secured new opportunities from existing customers to maximize and enhance growth at each account. This led to Invoice Discounting facility disbursement of N5b within 2 years of supervising the team • Optimizing each branch deposits that led to additional revenue of over N200m for the team • Established strong client relationships to drive business development. • Coached, developed, and motivated team to achieve revenue goals. • Enhanced sales volume through skilled support to both new and inactive customers. • Consistently achieved Net Revenue goals by 100% using consultative and value-driven approach. • Maximized sales by efficiently managing fourteen (14) Business Managers

B

Business Development Manager

January 2, 2016 - July 27, 2024
First Bank of Nigeria Limited

• Developed and significantly grew assigned territory Deposits by 100% and LAD by 150% after four years of leading the team. • Secured new opportunities from existing customers to maximize and enhance growth at each account. This led to Import Finance facility of over N500m facility and disbursement new Cement Distribution facility of over N500m within 2 years of supervising the team • Established strong client relationships to drive business development. • Coached, developed, and motivated team to achieve revenue goals. • Enhanced sales volume through skilled support to both new and inactive customers. • Consistently achieved Net Revenue goals by 100% using consultative and value-driven approach. • Maximized sales by efficiently managing Six (6) Business Managers

B

Business Manager

July 27, 2024 - July 27, 2024
First Bank of Nigeria

• The Branch Loan and advances from N300m to N1.3b within one year of appointment as Business Manager • The branch deposits increase by N2b within 18months of appointment as Business Manager • The branch won the best team for issuance of highest VISA credit cards in Quarter 3, 2014. • Built strong rapport with new and existing clients to better serve financial needs and promote branch loyalty. • Aggressive market development that led winning LAD transactions from FUTO staff in Imo state, NDDC staff in Uyo and Nigeria Immigration Services staff in Delta state • Designed sales and service strategies to improve revenue and retention. • Boosted customer base, acquiring new customers, and identifying needs to deliver relevant products. • Created and maintained branch solvency by controlling assets and proper credit extension. • Managed and inspired team members to perform to full potential, driving branch profitability. • Created sales action plans to consistently meet employee retention, profit, customer experience and lending goals. • Conducted weekly consultative sales meetings with prospects and clients to drive deposit growth.

B

Branch Manager

January 2, 2007 - July 27, 2024
Access Bank Plc

• Increase branch deposits from N500m to N2b within one year after appointment as Busines Manager. • Grow the Loans advances from N200m to N2b within one year of appointment as Business Manager. • Aggressive business developments that turn around the branch loss position after 18months of operations to profit after three months of my appointment as Business Manager.. • Increased efficiency and drove branch revenue by optimizing daily operations. • Designed sales and service strategies to improve revenue and retention. • Boosted customer base, acquiring new customers, and identifying needs to deliver relevant products consistent excellent branch performance that led to my Promotion from Assistant Manager to Deputy Manager after 2 years I joined the bank. • Best Business Manager Awards on deposits and LAD on quarterly basis. . • Built strong relationship with key stakeholders and community which led to Michael Okpara University Umudike accepted the bank’s proposal to build Campus branch with University ln free of charge. • Established budgets and strategic business plans for daily operations

Skills

Accountancy
100%
Finance
100%
Capital Market
100%
Leadership
100%