Nicholas Lugendo

Nicholas Lugendo Email and Phone Number

Chief Executive Officer @ Tokensphere Africa Limited
Nairobi County, Kenya
Nicholas Lugendo's Location
Nairobi County, Kenya, Kenya
About Nicholas Lugendo

Slogan: "Redefining Excellence Through Innovation and Strategic Foresight"๐ŸŒ Who I Am:Hello, I am Nicholas Lugendo Akumu, a visionary leader in Business Development and Strategic Management with vast experience in the Banking and Financial services sector. With over a 17 years of experience, I specialize in spearheading innovative strategies and building dynamic teams to transform organizations. My core competencies include developing strategic visions, driving business growth, and fostering high-performance teams.๐Ÿ”ฅ My Mission:I thrive in environments that challenge the status quo. Specializing in elevating businesses from conventional to extraordinary, I bring a blend of risk management, portfolio oversight, and compliance acumen. My signature approach? A mix of visionary thinking and relentless pursuit of excellence.๐Ÿ’ผ How I Deliver:My mantra is simple โ€“ understand, innovate, execute. From revolutionizing institutional banking at Faulu Microfinance Bank to pioneering transformative strategies at Acuity Consulting LLP, my career is a testament to turning ambitious visions into tangible successes.๐Ÿ› ๏ธ My Arsenal:Strategic and Tactical Leadership | Risk and Compliance Savvy | Business Development VirtuosoAcumen in Wealth Management and Trade Finance | Proficiency in IT Security and Anti-Money Laundering๐ŸŒŸ My Unique Edge:What sets me apart? A relentless drive to not just meet, but exceed expectations. I have orchestrated the escalation of business pipelines from modest beginnings to industry-leading heights and have turned potential setbacks into profitable ventures, consistently outperforming in high-stakes environments.๐ŸŽ–๏ธ Proudest Moments:Masterminding a business pipeline growth from USD 34M to USD 160M at Acuity Consulting LLP.Steering HFC Bank Limited's Sameer Business Park Branch from red to black, showcasing exceptional financial acumen.Pioneering cutting-edge financial solutions and strategies across my varied roles.๐Ÿค Join My Network:I am on the lookout to connect with pioneers and innovators who share a zeal for redefining business development, Strategic Management and Cross-Functional Team Leadership. Together, let's unlock new possibilities and set benchmarks in these sectors! lugendonick@gmail.com

Nicholas Lugendo's Current Company Details
Tokensphere Africa Limited

Tokensphere Africa Limited

View
Chief Executive Officer
Nairobi County, Kenya
Website:
tokensphere.xyz
Employees:
2
Nicholas Lugendo Work Experience Details
  • Tokensphere Africa Limited
    Chief Executive Officer
    Tokensphere Africa Limited
    Nairobi County, Kenya
  • Faulu Microfinance Bank
    Senior Manager, Institutional Banking & Partnerships
    Faulu Microfinance Bank Apr 2023 - Sep 2024
    Nairobi County, Kenya
    My expertise spans business development, client relationship management, and strategic market analysis, focusing on building strong client relationships, effective partner onboarding, and service excellence. Here's a summary of my key responsibilities and areas of proficiency:๐Ÿ”ต Strategic Business Development: Proficient in developing new business proposals and strategies.๐Ÿ”ต Effective Client Relationship Management: Skilled in nurturing and growing client relationships and identifying cross-selling opportunities.๐Ÿ”ต Comprehensive Partner Onboarding and Management: Expert in handling partner contracting, onboarding, and service integration.๐Ÿ”ต Consistent Client Engagement for Satisfaction: Dedicated to continuous client interaction for ensuring satisfaction and service excellence.๐Ÿ”ต Proactive Need Analysis and Response: Adept at anticipating and responding to evolving market and client needs.๐Ÿ”ต Customer Contact and Service Excellence: Focused on maintaining high standards of customer service and interaction.๐Ÿ”ต Market Awareness and Opportunity Identification: Informed and responsive to market developments, particularly in government and developmental sectors.
  • Acuity Consulting Llp
    Business Growth & Strategy Lead
    Acuity Consulting Llp Mar 2021 - Apr 2023
    Nairobi, Kenya
    At Acuity, I was responsible for Spearheading strategic business growth by developing new proposals, managing comprehensive partner onboarding, and consistently engaging with clients to ensure their satisfaction and service excellence.๐Ÿ”ต Cultivating strong client relationships, excelling in service delivery through proactive need analysis, effective communication, and maintaining high standards in all client interactions.
  • National Bank Of Kenya
    Corporate Relationship Manager, Corporate Division
    National Bank Of Kenya Mar 2020 - Mar 2021
    Nairobi, Kenya
    ๐Ÿ”ต Strategic Portfolio Champion: At National Bank of Kenya, I spearheaded asset management, growing our portfolio from Ksh 60M to a staggering Ksh 3.5Bn. My strategy reduced portfolio risk from 22% to 9% in six months, showcasing my ability to navigate and optimize financial landscapes.๐Ÿ”ต Innovator in Business Development: I pioneered a specialized proposition for the ICT sector, enhancing our trade finance solutions. My knack for forging strategic partnerships and understanding market nuances was pivotal in elevating our service offerings and client satisfaction.๐Ÿ”ต Leader in Trade Finance and Client Growth: I successfully developed a Ksh 800M trade finance pipeline, consistently exceeding account growth targets in a competitive banking sphere. My focus on client acquisition and relationship management was key to our expansion, bringing in an average of two new corporate accounts monthly.#FinanceLeadership #StrategicGrowth #InnovationInBanking
  • Hf Group
    Manager,Branch Business
    Hf Group Aug 2019 - Mar 2020
    Nairobi
    Revolutionized a branch's financial status, turning a KES 3.2M loss into a remarkable KES 17.6M profit in just one year. This feat highlights my proficiency in driving profitability and managing fiscal turnarounds.๐Ÿ”ต Risk Management and Operational Efficiency: Demonstrated exceptional risk containment, reducing branch Portfolio at Risk from 18% to 4%. Successfully aligned business operations to curtail operational expenses, achieving savings by closing at KES 25M against a KES 26.2M budget.๐Ÿ”ต Deposit Growth and Loan Optimization Strategist: Spearheaded the growth of branch deposits from KES 280M to KES 645M, showcasing my ability to effectively manage and escalate financial resources. Optimized loan yield from 15.3% to 18.7% and reduced the cost of funds, evidencing my expertise in enhancing financial performance.๐Ÿ”ต Client Acquisition and Project Leadership: Excelled in strategic new client onboarding, negotiating a deal leading to a KES 180M exposure. As a project lead at the Head Office, I directed 54 retail business initiatives, delivering successful outcomes within a challenging 6-month timeframe.
  • Hf Group
    Projects Manager,Retail Division
    Hf Group Oct 2018 - Aug 2019
    Nairobi
    ๐Ÿ”ต Defined Success Metrics: Collaborated with sponsors and stakeholders, established clear and achievable success criteria for each program and ensured alignment with broader organizational goals.๐Ÿ”ต Ensured Effective Communication: My role consistently involved clear and timely communication of program expectations and resource requirements, facilitating transparency and understanding among all team members and stakeholders.๐Ÿ”ต Managed Program Lifecycle: Was responsible for overseeing the complete lifecycle of various retail initiatives. This included meticulous planning, scope management, and addressing risks and issues, while implementing standardized reporting processes.๐Ÿ”ต Prioritized Stakeholder Engagement: Understood the importance of stakeholder involvement, actively engaged with them to prioritize project deliverables, and maintained stringent quality assurance standards across all project stages.
  • Kusintha Group
    Director Of Business Development
    Kusintha Group Jan 2018 - Oct 2018
    Nairobi
    โ€ข OvI had the opportunity to lead and significantly contribute to several impactful projects in the Fintech sector. These roles not only sharpened my skills in technology and finance but also allowed me to make notable strides in innovation, revenue generation, and customer growth. Here's a look back at some of the key milestones:๐Ÿ”ต Led Fintech Innovation: I spearheaded the successful launch of the "Mobiforex" App, a groundbreaking Fintech solution that revolutionized digital financial transactions. This project was a testament to my dedication to driving technological innovation in the finance sector.๐Ÿ”ต Forged Strategic Revenue Partnerships: I demonstrated my ability in creating valuable collaborations by establishing a profitable partnership with a leading Forex Bureau. This partnership, centered around a revenue-sharing model, successfully generated an impressive revenue of USD 210,000 within the first six months.๐Ÿ”ต Exceeded Customer Growth Targets: My strategies and initiatives in customer acquisition significantly surpassed our goals. In 2018, I managed to achieve remarkable customer growth, reaching 218 customers against a target of 146. This success highlights my expertise in not only meeting but vastly exceeding set targets in customer engagement and growth.
  • Bank Of Africa - Groupe Bank Of Africa
    Regional Manager,Eastern And Southern Kenya
    Bank Of Africa - Groupe Bank Of Africa Apr 2017 - Dec 2017
    Kenya
    My role encompassed a wide range of strategic tasks, each contributing to the overall success and cost-effectiveness of the operations. Hereโ€™s a detailed look at my key responsibilities and achievements:๐Ÿ”ต Strategic Branch Optimization: I led the strategic optimization of 15 branches spanning the regions of Mt. Kenya, Coast, and Nairobi. Through my efforts, we achieved a remarkable 15% reduction in business costs, demonstrating my capability to identify and implement effective cost-saving measures.๐Ÿ”ต Lease Negotiation Expertise: As a specialist in lease negotiation, I successfully negotiated rent terms with property owners for 4 branch locations. My expertise in negotiation and understanding of the real estate market enabled the company to realize significant cost savings, which was a crucial aspect of our financial strategy.๐Ÿ”ต Business Performance Analysis: I developed and implemented a comprehensive system for daily tracking of business performance across all supervised branches. This initiative allowed for a more nuanced and immediate understanding of operational efficiencies and areas needing improvement, thereby enhancing overall business performance.
  • Bank Of Africa - Groupe Bank Of Africa
    Branch Manager
    Bank Of Africa - Groupe Bank Of Africa 2015 - Apr 2017
    Nairobi,Kenya
    I achieved significant milestones that positively impacted the financial and operational performance of the organization. Here are some key highlights:๐Ÿ”ต Top Loan Disbursement: Led the Nairobi sub-region in loan disbursement for Bank of Africa(K) from July to November 2015, achieving the highest performance.๐Ÿ”ต Deposit Growth: Expanded the deposit book by over 200% in 2016, showcasing exceptional growth in customer deposits.๐Ÿ”ต Risk Management: Reduced portfolio at risk from 9% to below 1% within 2016, demonstrating effective risk reduction strategies.๐Ÿ”ต Liabilities Portfolio Growth: Increased the liabilities portfolio from Kshs. 585M to Kshs. 670M in 2018, evidencing strong portfolio management.๐Ÿ”ต Branch Turnaround: Transformed a loss-making branch to profitability by May 2015, managing assets of Kshs. 315M and leading a team of 16 in business and operations.
  • Abc Bank Group
    Relationship Manager,Sme Banking
    Abc Bank Group Apr 2014 - May 2015
    Nairobi,Kenya
    ๐Ÿ”ต Record Credit Facilitation: Secured a department record credit facility over USD 1.5 million, showcasing my negotiation skills.๐Ÿ”ต Asset Portfolio Oversight: Managed a diverse asset portfolio worth Kshs. 271.6 million, encompassing various financial products.๐Ÿ”ต Risk Reduction: Reduced portfolio at risk from 43% to 18% in six months, demonstrating effective risk management.
  • Kcb Bank Group
    Sme Relationship Manager
    Kcb Bank Group Nov 2008 - Apr 2014
    Nairobi,Kenya
    ๐Ÿ”ต SME Client Engagement Lead: Excelled in fostering strong relationships with small and medium-sized enterprises (SMEs).๐Ÿ”ต SME Financial Solutions Advisor: Offered customized financial advice and solutions to SME clients, boosting their business growth and financial stability in the Nairobi business community.

Nicholas Lugendo Education Details

Frequently Asked Questions about Nicholas Lugendo

What company does Nicholas Lugendo work for?

Nicholas Lugendo works for Tokensphere Africa Limited

What is Nicholas Lugendo's role at the current company?

Nicholas Lugendo's current role is Chief Executive Officer.

What schools did Nicholas Lugendo attend?

Nicholas Lugendo attended Jomo Kenyatta University Of Agriculture And Technology, Jomo Kenyatta University Of Agriculture And Technology.

Not the Nicholas Lugendo you were looking for?

Free Chrome Extension

Find emails, phones & company data instantly

Find verified emails from LinkedIn profiles
Get direct phone numbers & mobile contacts
Access company data & employee information
Works directly on LinkedIn - no copy/paste needed
Get Chrome Extension - Free

Aero Online

Your AI prospecting assistant

Download 750 million emails and 100 million phone numbers

Access emails and phone numbers of over 750 million business users. Instantly download verified profiles using 20+ filters, including location, job title, company, function, and industry.