Daniel Jere Bacc, Mba (Lond., Uk), Fcma, Cgma, Ca(M) Email & Phone Number

 To set the group finance strategy and objectives of the Finance function and the Bank To provide financial leadership and decision support to the CEO and EXCO including evaluation of potential alliances acquisitions and/or mergers and investments. To maintain the integrity of the group’s financial information To manage and review shareholder and other stakeholder reporting.  To implement financial policies; and procedures; and controls and ensure compliance to international financial reporting standards (IFRS, IAS). To manage the budgeting and planning process. To conserve organization’s resources To ensure Tax compliance To monitor capital, liquidity and Balance sheet management To monitor the performance of subsidiary and associate companies of the Bank to ensure they are aligned to the overall Group financial objectives. To manage key relationships with the following stakeholders:o Regulatory institutions dealing with the Bank such as the Central Bank; Competition and Fair Trading Commission; Public Private Partnership Commission, etc.o Tax Revenue Authorityo External Auditorso Internal Auditorso Group relationships - subsidiaries and parent companyo Insurance providers and key suppliers To provide a leading role in coaching and developing the Finance team

Nbm Towers, 7 Henderson St., Blantyre, Malawi

National Bank of Malawi plc is the largest bank by assets and profitability in Malawi. It offers a range of financial services including wholesale and retail banking, fund management, stockbroking and pension administration services.I am involved in strategy formulation and implementation as a member of EXCO, where my contribution helped the Bank attain average revenue growth of 9% pa whilst reducing operating costs by 11% pa in the period 2011 - 2016. I lead a team of 10 professional staff in providing assurance services to the Board Audit Committee, management and other stakeholders on the adequacy and effectiveness of risk management, internal controls and governance processes. In 2012, I overhauled the Internal Audit function from staffing and methodology which improved productivity by 400% and brought cost savings of US$40k pa. This lead to a successful external quality assurance review by EY in 2016.Successfully implemented the core banking system, T24 in 2016 , the Basel II Capital Adequacy and Risk Management Accord in 2013 as a key member of the respective project steering committees and championed the implementation of the Enterprise Risk Assessor audit software - a Methodware product in 2013. In addition, I led a project that successfully developed and implemented an automated Issue Tracking system to facilitate monitoring and follow up on resolution of audit action plans in 2014. I certify the adequacy and effectiveness of the Bank's ICAAP, Capital and Balance Sheet management to the Reserve Bank of Malawi (RBM) as regulator.Improved the quality of stakeholder relations and the image of Internal Audit function as a valued business partner through effective management of diverse portfolio relationships with the Audit committee, executive management, RBM and law enforcement agencies, e.g., the Police, amongst others.

Blantyre, Southern Region, Malawi, Malawi

Kidney Crescent Road, Blantyre, Malawi

Standard Bank Plc is Malawi's second largest bank by assets and profitability and a member of the Standard Bank Group, Africa's largest bank by assets. It is listed on the MSE, and offers financial services, both corporate and investment banking as well as personal and business banking.I led a team of 5 professional staff in providing assurance services to the Audit Committee, management and other stakeholders on the adequacy and effectiveness of controls, risk management and governance processes.  Developed country annual audit plans in line with the Group Internal Audit requirements and ensuring timely execution of audit assignments. Improved relations between Internal Audit and country management and other stakeholders, e.g., the Audit Committee, regulators, law enforcement agencies and matrix partners, which enhanced its image at Group Internal Audit level. Gained valuable international experience through cross border audits and related assurance assignments within the Standard Bank Group in multi-cultural settings, e.g., Zambia, Tanzania, Kenya, Uganda, Mozambique, Mauritius and South Africa. Developed audit procedures for HR and refined branch audit procedures that were adopted by Standard Bank Africa Audit across all country operations in Africa.

Chibisa House, 19 Glyn Jones Road, Po Box 501, Blantyre

NICO Holdings Ltd is a listed diversified financial services group with headquartered in Malawi, but with operations in Zambia, Tanzania, Uganda and Mozambique. Its core business is insurance - both life and non-life, but also has interests in banking, investment management and IT. Successfully set up a centralized Internal Audit function for the then newly restructured NICO Holdings Ltd Group in 2002 as Group Head of Internal Audit. Later, I was appointed Group Head of Risk & Compliance Services. Earned the respect of all stakeholders by spearheading the provision of assurance services to the Group’s Audit Committees across the group’s operations. Gained useful international exposure through performing technical audits in diverse cultural settings in the Group’s non-life insurance operations in Malawi, Zambia, Uganda and Tanzania and overseeing the audit function of the Group’s listed banking subsidiary, NBS Bank plc.Reviewed audit work performed in the group’s life insurance operations including pension funds, asset management, IT operations and other strategic investments in Malawi.Enhanced the profile of the Internal Audit function and established effective business relationships with a diverse stakeholder portfolio including the Audit committee, senior management, external auditors, etc., which helped reduce audit costs by US$45k within a year of my joining.

Scott Road, Ginnery Corner, Blantyre

Blantyre Printing & Publishing is the largest and oldest privately owned printing and media group in Malawi with interests in printing, publishing, print media (printers of the oldest daily and weekend newspapers). I was responsible for, inter alia, the Group's:Financial reporting – managed to clear a 2-year backlog and bring the group’s management accounts to current status within 8 months; Managing the group's tax affairs – resolved outstanding tax issues with the Revenue authorities and negotiated waiver of hefty penalties and fines;Leading and coordinating the budgeting process across the group;Coordinating the timing and preparation for the annual statutory audit; Assisting in managing the treasury function for the group, e.g., monitoring the group’s daily cash position and negotiating with banks on financing terms.

Kanengo, Lilongwe

This was a large multi-million Kwacha family-owned construction firm which handled large construction projects for the public sector, donor funded projects and the private sector in Malawi. I was responsible for:Managing the company's treasury function and cash flow. I renegotiated with banks and creditors existing financing and debt obligations that enabled the company survive a terrible lean period in 2001;Financial reporting and managing the statutory audit process. I managed to clear a 3-year backlog to bring the financial records todate within 7 months;Managing the company's tax affairs that helped it save US$0.56m.

Indebank House, Kaohsiung Road, Blantyre

Deloitte is the leading professional assurance and business advisory services firm in Malawi and is a member firm of Deloitte Touche Tohmatsu International. Performed audit and related services, e.g., tax, to a diverse client portfolio across all sectors of the Malawi economy. In consulting, I was a financial management specialist and worked on various projects in multi-disciplinary professional teams, e.g.:- BPR and restructuring assignments;- Strategic options study of an intravenous fluid manufacturing client; Prior to joining Deloitte, previous experience includes a brief stint in consulting with Imani Development Limited as a Financial Consultant (August 1996 to May 1997).

Masm House, Lower Sclater Road, Blantyre, Malawi.

Performed audit and accountancy assignments with limited responsibilities on medium to large clients.

Executive Mba 2017, Business Administration And General Management

Ca(M), Accounting And Audit, Full Member

Chartered Global Management Accountant (Cgma), Management Accounting

Fellow, Fcma, Management Accounting

Bacc, Accounting

Activities and Societies: Founding member and Public Relations Director, Society of Accountancy Students (SOCAS), played for the college.