Abiola Aloba
Expert Analyst versed in cost management,
marketing, and branding. Delivered cumulative
savings of N14billion in 6 years. Big picture focus
Banking
with excellence in communicating goals and vision
to succeed. Networker, and consensus builder.
Contact
Work History
Address
2020 -
Yaba, Lagos, 10001
Current
Team Lead, Strategic Cost Mgt & Value
Realization
Phone
Sterling Bank Plc, Marina, Lagos
-
• N71.08billion-N64.3billion (2019 vs 2020) OPEX
decline.
E-mail
• N60.2billion-N45.6billion (2019 vs 2020) Interest
-
Expense reduction.
LinkedIn
• N7billion FY 2020 savings.
https://www.linkedin.com/in
• Drove Staff cost reductions by 1%.
/abiolaaloba/
• Lowered controllable cost by 23%.
• Launched iFuel application providing real time
Skills
diesel prices www.ifuel.altpower.ng.
• Developed & Designed y Alt Drive vehicle
Negotiation skills
finance product with N0.5billion in sales HY 2021
www.altdrive.ng.
Excellent communication
• Guaranteed N0.5billion savings on diesel &
generators (HY-).
People management
• Green Power Project: HQ Zero carbon
emissions.
• Established open and professional relationships
Emotional intelligence
with team members to achieve quick
resolutions for various issues.
Strategic analysis
Knowledgeable in cost
management
2015 - 2020
Head Strategic Cost Management
Sterling Bank Plc, Lagos, Lagos
• Supported CIR drop from 73% to 72.2% FY 2015.
• Reached N2.5billion savings FY 2015.
• Verified N7billion verified savings in 5 years.
• Succeeded in 4-year cumulative savings of
N1.2billion on Insurance premiums.
• Crashed premiums from 700m to 412m without
cover compromise.
• Sank Fleet outsourcing from N400m per annum
to N100m per annum by switching to ride
hailing.
• Parleyed purchase of 30 cars at N540million to
91 cars for N450million.
• Resolved problems, improved operations, and
provided exceptional service.
• Demonstrated respect, friendliness, and
willingness to help wherever needed.
2013 - 2015
Head Brand Management &
Communications
Sterling Bank Plc, Lagos, Lagos
• Granted N10milion in loans via Social Lender
• Launched 5000 units of Nigeria's first ever bank
branded mobile phone in Nigeria capable of
executing all major Banking transactions while
retaining phone functionality.
• Opened 5000 accounts.
• N50million in deposits using Sterling branded
features phones.
• Raised Brand perception and visibility by 20%.
• Sold 10000 PETTS Educational tablets
• Coordinated Social Media Awards Africa
delivering 500million impressions
www.instagram.com/smaafrica/?hl=en
• Generated N300million free media value via
partnerships.
• Increased savings by N300million by
implementing cost-saving initiatives that
addressed long-standing problems.
2012 - 2013
Project Management Consultant
3WAY COMMUNICATIONS, Ikeja, Lagos
• Supervised Mobile and Web based Marketing
Platform: Kapsa www.kapsa.com.ng (Now
www.Awashopper.com).
• Spearheaded growth of platform from 200
merchants to 2500 merchants.
• Digital marketing and strategy development.
• Launched Blaast for MTN Nigeria:
www.mtn.blaast.com.
• Managed and oversaw junior project
consultants and delegated tasks for timely
execution.
• Organized and participated in digital marketing
workshops to foster shared project approach
and track progress.
• Identified, targeted, & delivered opportunities
to make valuable contributions to strategic
business objectives.
• Fostered relationships with vendors to foster
positive working relationships.
• Developed and initiated projects, managed
costs, and monitored performance.
• Identified, targeted and delivered opportunities
to make valuable contributions to strategic
business objectives.
• Orchestrated projects within strict timeframes
and budget constraints by solving complex
problems and working closely with senior
leaders.
• Drove team success through shared vision and
recognition of quality performance.
Education-
BSc Chemistry: Chemistry
University of Lagos - Akoka, Lagos.
• 2nd Class Lower Division
• Coordinator Theatre 15 University of Lagos
www.altdrive.ng
A vehicle finance product designed to offer
flexible payment terms, lowest industry equity
contribution and markups for used and brand-new
vehicles
