Group Strategy Creation & Transformation Execution
Zambia
One of the largest banks in Zambia want to create 3-year road map to become a top transactional bank in Zambia.
This included business transformation, technology rationalization and creation of a digital banking platform which was previously not present.
In addition, the bank wanted to relook at its credit and operational risk practices
Approach & Key Challenges
Key Challenges
- Manual, paper-based processes
- Disparate IT Infra and Tech stack with local development
- Fragmented product proposition
Approach
- Arete conducted a detailed study, which included interviews, market scans, competitor mapping etc to understand opportunities that the target market presented
- For group strategy Arete conducted multiple sessions with leadership team and board to set
...............
- 3 Business Ambition and Case with Financials
- Detailed Implementation Road Map
- Target Operating Model for
...............
- Corporate Bank
- Commercial Bank
- Retail Bank
- Digital Bank
Impact
4x
Client Growth
USD 5Mn
Annual Cost Savings
Digital Bank
Setup &
Launch
35%
Revenue
Increase