
Livison Buzuzi
Verified Expert in Management Consulting
Management Consulting Expert
Pretoria, South Africa
Toptal member since August 19, 2022
Livison is a management consultant who launched his firm after more than 30 years in the financial services sector. During his career, he has worked on setting up and improving processes for various-sized companies and playing an integral role in their success. He helped a bank win the Euromoney Award for customer centricity two years in a row by rolling out a CRM bank-wide program. Livison enjoys freelancing because it enables him to assist and work with talented entrepreneurs and investors.
Career Highlights
Education Highlights
Certification Highlights
Case Studies
Expertise
- Business Process Improvement (BPI)
- Cost Management
- Customer Service
- Inquiries & Complaints
- Marketing
- Operational Efficiency Improvement
- Operations
- Productivity Improvement
Work Experience
Managing Director
Euzo
- Devised an IT company's customer complaint resolution system, reducing its backlog by 50% in two months and achieving a customer satisfaction index of 90%.
- Created and adapted an SME funding model for the largest bank in West Africa, designed to introduce three new revenue lines and increase its profits by $40 million per year.
- Made a project management template for an IT company that reduced its turnaround for certain products by one week and increased its profits by 15% through enhanced costs.
- Built a business plan framework for an online bank with a focus on West Africa, highlighting the bank's goals concerning technology and people and how it would achieve them.
COO
Barakabora Capital
- Designed an SME funding model based on retail and corporate banking experiences. The model enabled the company to fund SMEs through ring-fenced offtake agreements devised by large corporations.
- Created and implemented the operations, credit, and human resource manuals, in addition to the company's business plan for this startup operation.
- Introduced a new product in the form of individual loans to employees of selected companies based on direct repayments from employee salaries. The employees' involvement significantly reduced the risk of default.
- Headed a new stringent loan disbursement procedure, requiring that all security verifications were met before the disbursement of loan proceeds, eliminating the risk concerning previously unverified payments.
- Managed employee recruitment procedures, disciplinary procedures, and training needs.
Finance Manager
Triumph Venture Capital
- Reconstructed the capital account for the ten years of the venture capital fund. Facilitating the fund's closure was essential since it had reached its wind-up date.
- Oversaw the issue and distribution of share certificates to the fund's shareholders based on the outcome of the capital account reconstruction. This resulted in some shareholders paying up what was outstanding from previous years.
- Supervised the fund's wind-up and the relevant documents' lodging with the master of the high court, including convening and recording minutes of the fund trustee meetings.
- Headed the fund accounts' closure, digitalizing records, and storing with a records storage company.
Senior Banking Consultant
Tata Consultancy Services
- Defined the Standard Bank's retail division strategy to reduce its funding cost through low-cost deposit mobilization focused on medium and large businesses.
- Built the inclusive banking model for the Standard Bank to increase its footprint in densely populated communities with SMEs and individuals with growing businesses not using bank services.
- Designed a model and created a marketing campaign for providing mortgages to young clients at the start of their careers to grow the bank's low-cost deposits.
- Created a new card product for township communities to entice businesses to reduce the use of cash and, in doing so, the risk of robbery. This indirectly contributed to increasing low-cost funds for the Standard Bank.
Managing Director
Livison Consulting
- Implemented a new product profitability analysis for a waste management company, reducing collected non-profitable material and significantly increasing the profitable material collected.
- Introduced a new product sales target for the waste management company, leading to daily targets for each material produced, new supplier contracts signed to meet targets, and negotiating new sales prices based on production.
- Rolled out new processes for the collected material to increase productivity and efficiencies on the shop floors, eliminating the material's double handling and improving the product's quality.
- Achieved profitability after only six weeks of implementing the abovementioned changes, breaking the cycle of the company posting losses for almost ten years.
Global Operations Executive
Barclays Bank UK PLC
- Oversaw the improvement in operations processes involving stationery procurement and telecommunications, which saved £600,000 in six countries over six months.
- Reduced Absa South Africa's time for foreign exchange transfer processing turnaround from two days to less than a day.
- Improved the time it takes for the account opening process in Kenya from one day to one hour, which became the global standard for all Barclays branches in 2008, before digital banking.
- Sped up the credit application process turnaround in Mauritius from taking three days to one day, resulting in the bank improving its market position from sixth to second place.
Executive Director, Retail
FBC Holdings
- Improved retail's profit contribution from 10% to 30% and reduced the cost-to-income ratio from 42% to 30% by training the team in customer centricity and improving processes that enhanced efficiency.
- Introduced a deposit mobilization drive which helped the bank increase its market share and book value, drastically improving its ranking from 11 to five out of 14 banks.
- Oversaw the creation of three new branches in two years. The branches were commissioned within budget and on time.
- Trained and guided the branch managers in business development, customer engagement, mentoring, cost management, and revenue generation, leading to the division exceeding the board's target by five times.
- Initiated an SME funding model for new business owners, leading to them establishing businesses as off-takers for services and goods and dramatically reducing the number of bad debts.
- Chaired the works council committee and prevented a strike on two different occasions through diplomacy, resulting in winning over the workers' committee team and the bank employees embracing the new retail strategy.
- Was Chairman of the committee for a new internet banking product that traveled to India to carry out due diligence on the short-listed Vendors after presentations. Managed the rollout of the new IT product and training of employees.
- Headed the panel that recruited senior personnel for the retail division and handled disciplinary issues and training of employees in the retail division.
Divisional Director, Retail
NMB Bank
- Oversaw the recovery of a $24 million debt from a mining company that was threatening the company's share value, instantly improving their share value by close to 200%.
- Rolled out a bank-wide CRM program as the practical application of my MBA dissertation, leading to the bank winning the Euromoney Award for customer-centricity two years in a row, in 2002 and 2003.
- Created a team of branch members who served niche customers with great success, leading to the bank being the fourth most profitable out of 14 banks at the time.
- Built efficient corporate banking teams that dominated the market in terms of quality and profit, with success confirmed by an independent due diligence finding during a failed merger exercise.
- Headed a team that visited India and selected a new core banking system that proved highly adaptable and helped the bank create the country's first online banking product.
- Contributed to the CRM rollout by improving processes in various operations, resulting in the bank being the first to provide a printed letter of credit requests within a day, which became the bank's market selling point.
- Chaired the committee that carried out the selection of a new banking core system from five presentations. Oversaw the transition from one system to the next through the parallel operation of both systems over three months.
Education
Postgraduate Diploma in Advanced Project Management
Varsity College - Sandton, South Africa
Master’s Degree in Business Administration (MBA)
University of KwaZulu-Natal - Durban, South Africa
Certifications
Project Management Professional (PMP)
Varsity College
Skills
Finance
Cost Management, Cash Management
Industry Expertise
Financial Services
Output Software
Microsoft Word
Other
Operations, Customer Service, Operational Efficiency Improvement, Productivity Improvement, Business Process Improvement (BPI), Customer Analysis, Business Strategy, Change Management, Business Process Analysis, Business Analysis, Process Mapping, Inquiries & Complaints, Marketing, Card Payments, Operational Flow, Process Design, Budget Management, Project Management, Project Design & Management, Use Case Analysis, Foreign Exchange, Senior Executive Recruiting, Cash Flow Management, Resource Management, Customer Support, Customer Success, New Products, Diversity, Equity, & Inclusion (DEI), Mortgages, Reports, Financials, Business Development, Financial Analysis, Strategy, IT Project Management, Financial Inclusion
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