NWABUEZE LAURENCE OKONNE
Summary
An experienced treasury professional with over 15 years of stint in the financial sector across Sub-
Saharan Africa. Critical thinking, understanding systems, trading, and treasury management are some
of my strengths. Result oriented and proven delivery track record.
Overview
21
21
years of professional experience
1
1
year of post-secondary education
Work History
Head, Treasury Advisory
Oakwood Green Capital
Accra
12.2016 - Current
- Lead and advise clients on Treasury and related transactions; plan and develop pitches with the business development teams for transactions to ensure an optimal outcome
- Formulate strategies toward targeted revenues on Treasury management and structuring
- Co-ordinate due-diligence process on target firms to provide clarity for investors and owners
- Provide strategic direction for the Treasury department in identified financial institutions that engage Oakwood Green under a Technical management service agreement.
Treasury Consultant
First Atlantic Bank - Head Office
Accra, Greater Accra
10.2013 - 11.2016
- Formed treasury policies and frameworks which provided guidelines for treasury activities: these policies covered Treasury Management, trading, risk management, risk measurement and reporting, assets and liabilities management, as well as the Asset and Liabilities
- Committee (ALCO) reporting framework
- Positioned the Treasury Department to enhance its visibility and profitability by promoting sales and trading functions covering fixed income and currencies
- Coordinated with the sales team to develop viable bespoke products for clients, thereby increasing revenues
- Created strategies to acquire new clients; participated in large ticket transactions, which doubled the bank’s balance sheet size during the period
- Formed and maintained Correspondent banking relationships with Foreign Institutions, inter- dealer brokers and local Financial Institutions
- Provided general guidance to the Treasury Team and the Bank in the evolution of the
- Department towards a model Treasury.
Group Head, Treasury Sales
United Bank For Africa
Lagos
01.2013 - 09.2013
- Supervised the group treasury sales activities, which covered 18 subsidiaries across Africa; sales product coverage was Currencies and Fixed Income; developed specific solutions for clients which address their risk management, portfolio management and cash management requirements
- Made a weekly presentation on sales activities and offered guidance on activities and strategies of the sales desk; discussed with potential customers regarding their treasury and funding related requirements
- Advised customers on best portfolio management practices; onboarded new clients and increased the volume of transactions with existing clients.
Treasury Trader – Team Lead
United Bank For Africa
Lagos
01.2007 - 12.2012
- Fixed Income & Currencies Lagos,
- Managed the Fixed Income and Currencies team to achieve yearly revenue and profit goals and devised trading strategies with various groups across numerous asset classes
- Established comprehensive oversight on all trading portfolios and adequate supervision of all trading teams and activities; priced structured products and derivatives; initiated hedging and strategic trade ideas involving short-dated fixed income products
- Drafted and implemented a fixed income logbook to measure and report risk, revenues, and portfolio positions; provided frequent weekly updates to traders, managers, and customers on the prevailing market conditions (including future expectations)
- Provided relevant input to the Market Research team; identified opportunities and developed channels for the purchase and sale of securities; increased the capacity of the proprietary trading desk
- Organized training to improve the skills of traders; ensured all regulatory limits were maintained; constantly engaged with related units within the bank to enhance the process and minimised operations risk; participated in market development and growth in the industry as a committee member to various think-tank groups.
Liquidity Manager
United Bank For Africa
Lagos
01.2004 - 12.2006
- Managed the bank’s daily cash flow by accurately projecting the cash balances
- Supervised the daily trading of the bank’s balance sheet position for optimal returns
- Ensured optimal utilisation of the balance sheet assets and liabilities; executed foreign exchange trades to facilitate funding of the loan books across all currencies on the balance sheet; supervised and maintained the bank's various Nostro accounts
- Monitored macro and microeconomic activities and advised senior management of market developments, implications, and strategies in response to emerging market/economic events.
Processing Officer
United Bank For Africa
Lagos
01.2001 - 12.2003
- Carried out confirmation and settlement of Treasury front office transactions (Money market, currencies and fixed income trades)
- Carried out daily reconciliation and resolution of interbank money market and foreign exchange transactions
- Centralized processing of client investment requests; reconciled financial data and conducted data entry and proper accounting codes.
Education
Master - Mathematical Statistics And Financial Mathematics
Linnaeus University
Vaxjo 08.2021 - Current
Executive Master - Business Administration
Metropolitan School of Business and Management
September 2016
Bachelor of Science - Industrial Mathematics
University of Benin
December 1999
Skills
- WORK SKILLS
- Proficient in
- Microsoft Office Suite, Reuters, Blomberg, and TMS
Timeline
Master - Mathematical Statistics And Financial Mathematics
Linnaeus University
08.2021 - Current
Head, Treasury Advisory
Oakwood Green Capital
12.2016 - Current
Treasury Consultant
First Atlantic Bank - Head Office
10.2013 - 11.2016
Group Head, Treasury Sales
United Bank For Africa
01.2013 - 09.2013
Treasury Trader – Team Lead
United Bank For Africa
01.2007 - 12.2012
Liquidity Manager
United Bank For Africa
01.2004 - 12.2006
Processing Officer
United Bank For Africa
01.2001 - 12.2003
Executive Master - Business Administration
Metropolitan School of Business and Management
Bachelor of Science - Industrial Mathematics
University of Benin
Similar Profiles
Varghese MathewVarghese Mathew
HR & Admin Executive at Oakwood Green Landscape Works LLCHR & Admin Executive at Oakwood Green Landscape Works LLC
Lou HunterLou Hunter
Principal at Hunter Green CapitalPrincipal at Hunter Green Capital
Kyle JohnsonKyle Johnson
Mortgage Loan Originator at Green Haven Capital Inc.Mortgage Loan Originator at Green Haven Capital Inc.
Yoschini GovenderYoschini Govender
GROUP TREASURY SPECIALIST & ADVISORY/FRAUD INVESTIGATOR at ILLOVO SUGAR AFRICAGROUP TREASURY SPECIALIST & ADVISORY/FRAUD INVESTIGATOR at ILLOVO SUGAR AFRICA
SIBABRATA SUTARSIBABRATA SUTAR
Global Treasury Advisory Manager at EYGlobal Treasury Advisory Manager at EY