John Zigah Email & Phone Number

Greater Accra Region, Ghana

Greater Accra, Ghana

Accra, Ghana

•Help in the establishment of the Treasury function of the Bank. Advise the Chief consultant on the processes, systems, people, policies, for the smooth take off and functioning of the Bank.•Develop and implement the Treasury Management Policies and strategies including, treasury sales, and foreign exchange and money market dealings.•Buy and sell securities and money market instruments within the guidelines established by the Bank’s Treasury / Investment Policy as well as coordinate the… Show more •Help in the establishment of the Treasury function of the Bank. Advise the Chief consultant on the processes, systems, people, policies, for the smooth take off and functioning of the Bank.•Develop and implement the Treasury Management Policies and strategies including, treasury sales, and foreign exchange and money market dealings.•Buy and sell securities and money market instruments within the guidelines established by the Bank’s Treasury / Investment Policy as well as coordinate the day to day cash flow requirements of the Bank.•Organize and perform trade related foreign exchange execution and manage all international treasury functions.•Manage the key treasury risks for the bank including foreign exchange risk, interest rate risk, counterparty risk, and funding / liquidity risk.•Develop and manager departmental budget for Treasury Department.•Carry out such other duties and responsibilities as are consistent with the role. Show less

Accra Ghana

• Developed and executed strategies for investment of surplus funds- growing investment portfolio from GHS 225million to GHS 398million, managed a liability portfolio size of GHS 1.3billion maintain cost of funds is within limits.• Developed foreign exchange products by growing the swap book by USD 30 million • Doubled the bank’s trading income by 175% from GHS 24.3million in 2013 to GHS 67million in 2014.• Helped fund and managed a balance sheet size of GHS1.5billion, evaluating… Show more • Developed and executed strategies for investment of surplus funds- growing investment portfolio from GHS 225million to GHS 398million, managed a liability portfolio size of GHS 1.3billion maintain cost of funds is within limits.• Developed foreign exchange products by growing the swap book by USD 30 million • Doubled the bank’s trading income by 175% from GHS 24.3million in 2013 to GHS 67million in 2014.• Helped fund and managed a balance sheet size of GHS1.5billion, evaluating the risks by monitoring and stress testing the balance sheet under different scenarios.• Helped managed risk on the Bank’s Balance sheet: liquidity risk, foreign exchange risk and interest rate risk within limits.• Helped negotiate USD30 million refinancing line and EUR 15 million loans from correspondent banks and multi-lateral agencies. Show less

Accra Ghana

• Helped the Treasurer negotiate USD50 million syndicated loans to fund the balance sheet..• Ensured the bank met its liquidity needs on a daily basis. I assisted in the development and implementation of local/foreign currency liquidity action plan to efficiently manage the liquidity of the bank. Ensured the bank met its reserve requirements on a weekly basis, and maintained fortnightly cash forecast of funding needs.• Monitored counterparty bank limits and ensured that all trades are… Show more • Helped the Treasurer negotiate USD50 million syndicated loans to fund the balance sheet..• Ensured the bank met its liquidity needs on a daily basis. I assisted in the development and implementation of local/foreign currency liquidity action plan to efficiently manage the liquidity of the bank. Ensured the bank met its reserve requirements on a weekly basis, and maintained fortnightly cash forecast of funding needs.• Monitored counterparty bank limits and ensured that all trades are within sanctioned limits.• Managed efficiently Nostro accounts balances which resulted in an increase in revenue from interbank placements.• Ensure effective and efficient management of the cash needs of the Bank by tracking the cash utilization and excess cash holdings of the branches. Ensure all excess are evacuated, processed and lodged at BOG. Show less

Accra, Ghana

• As ALM manager, I deputized for the Treasurer and acted in his absence. These occasions provided me with the opportunities to engage international and local counter parties, led the treasury team in negotiations and execution of deals. • Collaborated with business units, to Model various balance sheet planning strategies and different scenarios of net interest income, liquidity, and capital. • Monitor short-term and long-term funding requirements for the Bank in collaboration with… Show more • As ALM manager, I deputized for the Treasurer and acted in his absence. These occasions provided me with the opportunities to engage international and local counter parties, led the treasury team in negotiations and execution of deals. • Collaborated with business units, to Model various balance sheet planning strategies and different scenarios of net interest income, liquidity, and capital. • Monitor short-term and long-term funding requirements for the Bank in collaboration with the Liquidity management and Fixed Income trading unit while ensuring that the Bank complied with the established targets and regulatory requirements.• Develop monthly funding plans to minimize cost of funds with an appropriate interest rate risk structure for the Bank. Periodically initiate reviews of ADB’s Contingency Funding Plan to address all imminent needs in the event of a liquidity stress.• Support the Head of Treasury in promoting Treasury business and provide reports for executive committee and ALCO. Show less

Accra

I helped the Director of Risk manage a three unit department consisting of Credit risk, Market risk, and Operational risk. I helped oversee the Bank’s total risk asset of US$150 million and total trading book of US$ 18 million. Review Credit Applications and make recommendations to the approving authority. Evaluate Small-Medium Enterprises lending schemes and make recommendation for adoption and follow up with the scheme managers by providing ongoing assessment and evaluation of the… Show more I helped the Director of Risk manage a three unit department consisting of Credit risk, Market risk, and Operational risk. I helped oversee the Bank’s total risk asset of US$150 million and total trading book of US$ 18 million. Review Credit Applications and make recommendations to the approving authority. Evaluate Small-Medium Enterprises lending schemes and make recommendation for adoption and follow up with the scheme managers by providing ongoing assessment and evaluation of the scheme to senior management. Identify & bring to attention overlooked and inadequately addressed risks in the Credit appraisal processes and assess the credit portfolio at risk on on-going basis.• Enforce corporate level risk management policies and procedures in accordance with industry best practices. Provide periodic reports regarding credit, market and operational risks to the risk committee of the Board of Directors. Show less

Accra Ghana

Responsibilities centered on leading a team of four in handling all treasury operations functions and reported directly to the Finance Manager.  Ensured that all deals (local & foreign) are processed, verified and promptly settled with the correct accounting entries passed. Made sure all positions (foreign & local) were balanced with any outstanding followed up. Controlled all dealing limits to ensure that both counter party and dealer limits are not breached and exceeded limits… Show more Responsibilities centered on leading a team of four in handling all treasury operations functions and reported directly to the Finance Manager.  Ensured that all deals (local & foreign) are processed, verified and promptly settled with the correct accounting entries passed. Made sure all positions (foreign & local) were balanced with any outstanding followed up. Controlled all dealing limits to ensure that both counter party and dealer limits are not breached and exceeded limits followed up with dealers and cascaded to executives as appropriate. Effectively managed all clearing accounts at the central bank and ensured all movements in the accounts were accounted for. Ensured that all Nostro accounts and settlement accounts were reconciled and all outstanding items followed up promptly Effectively monitored the bank’s investment portfolio. Tendering for treasury bills and bonds and ensured that back office entries were properly passed using citi dealer. Show less

Accra Ghana

• As a finance officer I was in charge of a set of roles that involved local and group financial reporting. I ensured that all monthly Bank of Ghana statutory returns are prepared and submitted on time to the Central Bank (Banking Supervision Department (BSD). Also ensured that monthly financial reports are submitted on time to Group office in Johannesburg.• Played a pivotal role in annual Budget preparations and budget processes and the Budget review.• Controlled all suspense… Show more • As a finance officer I was in charge of a set of roles that involved local and group financial reporting. I ensured that all monthly Bank of Ghana statutory returns are prepared and submitted on time to the Central Bank (Banking Supervision Department (BSD). Also ensured that monthly financial reports are submitted on time to Group office in Johannesburg.• Played a pivotal role in annual Budget preparations and budget processes and the Budget review.• Controlled all suspense accounts and ensured they were reconciled on weekly basis and all outstanding items followed up.• Ensured that all monthly statutory deductions (PAYE, SSNIT) and payments were duly submitted to the relevant authorities. Show less

Master Of Business Administration (Mba), Finance And Financial Management Services

Key interest in M&A and Business Strategy

Bachelor Of Business Administration (Bba), Finance And Banking, 2Nd Class Upper

Activities and Societies: Member of Friends of the Earth, Wildlife soceity Special Interest in Financial management and Banking strategy