MTI Consulting
Displaying items by tag: Banking
The research and intelligence team of MTI, in the last quarter has completed two assignments in the African Continent.
Last month, MTI carried out a study of the market for retail banking in Algeria, with particular focus on Time Deposits, Auto Financing, Cards and Infrastructure Funding. This study was on behalf of one the world’s leading banks.
Previously, MTI had completed an assignment on the market for hair care for one of India’s leading personal care companies with a growing international footprint “Although we had previous done work on Egypt, these two assignments have provided us the opportunity to work on two diverse and exciting markets.
MTI Consulting CEO Hilmy Cader said, “We have also formed a strategic alliance in Tunisia, which was signed just before the Arab Spring, which we now hope to resurrect. Our Partner in Tunisia has already completed an intensive two week orientation program in Sri Lanka.”
Having successfully completed the re-structuring and turnaround of its operations, Seylan Bank will be starting work on a 4 year strategic plan aimed at regaining and surpassing the strong market position the bank enjoyed pre 2008. After a competitive selection process, Seylan Bank has selected MTI Consulting to work with the Seylan Team to research and develop a 4 Year Strategic Plan, with greater focus on the Banks Products, Channels and Operating Processes.
“In developing this strategic plan, we hope to get a wide cross section of the Seylan Team actively involved to chart the future direction of the bank. We are pleased to work with MTI Consulting who have impressive credentials in Financial Services and Strategic Planning, both in Sri Lanka and regionally” said Kapila Ariyaratne, CEO/GM of Seylan Bank
Photo: At the signing ceremony, Mr. Eastman Narangoda (Chairman, Seylan Bank) congratulating Mr. Mano Tittawella (Associate – MTI Corporate Finance), watched by Mr. R. Nadarajah (Executive Director, Seylan Bank), Mr. Kapila Ariyaratne (GM/CEO, Seylan Bank), Mr. Hilmy Cader (CEO, MTI Consulting) and Mr. Kapila Liyanage (Business Lead, MTI Corporate Finance)
“In developing this strategic plan, we hope to get a wide cross section of the Seylan Team actively involved to chart the future direction of the bank. We are pleased to work with MTI Consulting who have impressive credentials in Financial Services and Strategic Planning, both in Sri Lanka and regionally” said Kapila Ariyaratne, CEO/GM of Seylan Bank
Photo: At the signing ceremony, Mr. Eastman Narangoda (Chairman, Seylan Bank) congratulating Mr. Mano Tittawella (Associate – MTI Corporate Finance), watched by Mr. R. Nadarajah (Executive Director, Seylan Bank), Mr. Kapila Ariyaratne (GM/CEO, Seylan Bank), Mr. Hilmy Cader (CEO, MTI Consulting) and Mr. Kapila Liyanage (Business Lead, MTI Corporate Finance)
Bahrain Islamic Bank completes successful branch process re-engineering assignment with MTI Consulting
Sunday, 29 May 2011 09:58 Published in News
Bahrain Islamic Bank has recently concluded a very successful retail banking and branch process re-engineering assignment with MTI Consulting, the focus of which was on Process Efficiency and Service Quality.
Mr. Abdul Rahman Turki, the General Manager for Retailing at BisB commenting on the project said “As the regional leader in Retail Islamic Banking, which is a very competitive category, we always look to go from strength to strength in 3 key areas: Service Quality, Process Efficiency and Cost Optimization. MTI Consulting with their extensive experience in this field along with our management team has jointly worked on a road map for this. We are very pleased with the assignment”
“MTI’s engaged BisB retail banking staff throughout the project – over 45 management and head office staff were interviewed with structured surveys conducted with the majority of BisB branch staff, detailed interviews with all branch managers and informal conversations with a cross-section of staff and supervisors” said Mr. Hilmy Cader, the CEO of MTI Consulting and the Lead Consultant for this project.
Photo: BisB GM Retail Mr. Abdul Rahman Turki congratulating MTI CEO Mr. Hilmy Cader, watched by BisB GM Operations Mr. Abdul Razak and MTI Project Manager Mr. Hassan Kuwaiti
Mr. Abdul Rahman Turki, the General Manager for Retailing at BisB commenting on the project said “As the regional leader in Retail Islamic Banking, which is a very competitive category, we always look to go from strength to strength in 3 key areas: Service Quality, Process Efficiency and Cost Optimization. MTI Consulting with their extensive experience in this field along with our management team has jointly worked on a road map for this. We are very pleased with the assignment”
“MTI’s engaged BisB retail banking staff throughout the project – over 45 management and head office staff were interviewed with structured surveys conducted with the majority of BisB branch staff, detailed interviews with all branch managers and informal conversations with a cross-section of staff and supervisors” said Mr. Hilmy Cader, the CEO of MTI Consulting and the Lead Consultant for this project.
Photo: BisB GM Retail Mr. Abdul Rahman Turki congratulating MTI CEO Mr. Hilmy Cader, watched by BisB GM Operations Mr. Abdul Razak and MTI Project Manager Mr. Hassan Kuwaiti
MTI Consulting announced its Banking and Financial Services Forum. Themed ‘Re-strategizing: Financial Services in Sri Lanka”, the Forum focuses on identifying key challenges faced by banks and finance companies in Sri Lanka and the avenues to be addressed in overcoming these challenges from a strategic business perspective. The event is to be held on Monday the 3rd of January at the Taj Samudra Hotel.
The Forum will feature a core presentation by MTI CEO Hilmy Cader, followed by a panel discussion. The discussion will be driven by eminent corporate personalities in the Sri Lankan business field – namely Dharma Dheerasinghe – Deputy Governor of the Central Bank of Sri Lanka, Kapila Jayawardena, Group CEO of LOLC, Ajita Pasqual – CEO/GM of Seylan Bank and Hans Wijayasuriya – Group CEO of Dialog Axiata. The session will be moderated by Mano Tittawella, Associate of MTI Corporate Finance.
Following the end of a 30 year war, Sri Lanka is high on optimism and intent as it gears itself to meet the economic development initiatives taken by the government. In order to facilitate these growth plans, the role of the financial services industry needs to change – acting as a catalyst in converting the optimism and intent within the current economy into ‘reality’. However, the sector needs to stay focused on the bottom line, developing strategy to compete on cost effective methods of generating sustainable demand for their services, as opposed to the pent-up demand that has developed post the end of the war.
The MTI Banking & Financial Services Forum will take an outside-in look at the entire industry, drawing from the cross border/cross industry learnings gathered from MTI’s global consulting experience. The aim of the Forum is to challenge the conventional methods of banking which are prevalent in the industry, highlighting the changes required in areas such as service quality, work ethics and brand architecture of the products and services offered by the financial institutions. The presentation and discussion will also touch on the opportunities available in areas of mobile banking, focused R&D and CRM practices within the financial services sector. Commenting on the objectives of the Forum, MTI’s CEO Hilmy Cader said that “Corporates in the financial services industry must gear themselves with innovative strategies, in order to meet the demands of the growing economy. With the upturn that is expected in the next few years, this will be crucial to their survival”.
MTI Consulting is an international strategic management consultancy with operations in Bangladesh, Sri Lanka, Bahrain, Dubai, Pakistan, India, Malaysia & UK. Having provided solutions for over 400 projects in 40 countries- across 4 continents, MTI’s Solutions include Brand Management, Strategic Planning, Re-Structuring, Marketing, Sales and Channel Management and Service Quality. MTI Consulting recently launched four subsidiaries in the areas of Corporate Finance, Technology Solutions, Market Research and HRM Solutions. MTI has a growing financial services practice in Sri Lanka and internationally, including experience with the likes of LOLC, NSB, BOC, HNB, HNBA, Union Bank, Sanasa (in Sri Lanka) and internationally with the likes of American Express, Ahli United, Arab Financial Services, ARIG, Bahrain Saudi Bank, Bank of Bahrain & Kuwait, Bahrain Islamic Bank, Bahrain Kuwait Insurance, Bahrain National Insurance, BMI, Citibank, Credimax, Daman, Grameen-Ceylinco, HSBC Amanah, Isthithmar, National Bank of Bahrain, National Finance House, Middle Sea, Orix Leasing, SG, Standard Chartered, Solidarity Takaful.
The Forum will feature a core presentation by MTI CEO Hilmy Cader, followed by a panel discussion. The discussion will be driven by eminent corporate personalities in the Sri Lankan business field – namely Dharma Dheerasinghe – Deputy Governor of the Central Bank of Sri Lanka, Kapila Jayawardena, Group CEO of LOLC, Ajita Pasqual – CEO/GM of Seylan Bank and Hans Wijayasuriya – Group CEO of Dialog Axiata. The session will be moderated by Mano Tittawella, Associate of MTI Corporate Finance.
Following the end of a 30 year war, Sri Lanka is high on optimism and intent as it gears itself to meet the economic development initiatives taken by the government. In order to facilitate these growth plans, the role of the financial services industry needs to change – acting as a catalyst in converting the optimism and intent within the current economy into ‘reality’. However, the sector needs to stay focused on the bottom line, developing strategy to compete on cost effective methods of generating sustainable demand for their services, as opposed to the pent-up demand that has developed post the end of the war.
The MTI Banking & Financial Services Forum will take an outside-in look at the entire industry, drawing from the cross border/cross industry learnings gathered from MTI’s global consulting experience. The aim of the Forum is to challenge the conventional methods of banking which are prevalent in the industry, highlighting the changes required in areas such as service quality, work ethics and brand architecture of the products and services offered by the financial institutions. The presentation and discussion will also touch on the opportunities available in areas of mobile banking, focused R&D and CRM practices within the financial services sector. Commenting on the objectives of the Forum, MTI’s CEO Hilmy Cader said that “Corporates in the financial services industry must gear themselves with innovative strategies, in order to meet the demands of the growing economy. With the upturn that is expected in the next few years, this will be crucial to their survival”.
MTI Consulting is an international strategic management consultancy with operations in Bangladesh, Sri Lanka, Bahrain, Dubai, Pakistan, India, Malaysia & UK. Having provided solutions for over 400 projects in 40 countries- across 4 continents, MTI’s Solutions include Brand Management, Strategic Planning, Re-Structuring, Marketing, Sales and Channel Management and Service Quality. MTI Consulting recently launched four subsidiaries in the areas of Corporate Finance, Technology Solutions, Market Research and HRM Solutions. MTI has a growing financial services practice in Sri Lanka and internationally, including experience with the likes of LOLC, NSB, BOC, HNB, HNBA, Union Bank, Sanasa (in Sri Lanka) and internationally with the likes of American Express, Ahli United, Arab Financial Services, ARIG, Bahrain Saudi Bank, Bank of Bahrain & Kuwait, Bahrain Islamic Bank, Bahrain Kuwait Insurance, Bahrain National Insurance, BMI, Citibank, Credimax, Daman, Grameen-Ceylinco, HSBC Amanah, Isthithmar, National Bank of Bahrain, National Finance House, Middle Sea, Orix Leasing, SG, Standard Chartered, Solidarity Takaful.
Companies hoping to go public need to clearly identify the challenges and opportunities available through a public listing. The MTI IPO Forum will offer an opportunity for IPO hopefuls to take learnings from successfully listed companies, while also drawing on the experience of companies that have recently ventured into the IPO domain.
The MTI IPO Forum, organized by MTI Corporate Finance will be held on Thursday 4th November at the Taj Samudra Hotel
The forum will feature corporate leaders including Dr. Anura Ekanayake, Chairman - Ceylon Chamber of Commerce, Mr. Asgi Akabarally, Director - Akbar Brothers, Mr. Asite Talwatte, Partner - Ernest & Young, Mr. Maithri Wickremesinge, MTI Legal Consultant, Mr. Malinga Arsakularatne, CFO - Hemas Holdings, Mr. Maninda Wickremasinghe, Country Head - Fitch Ratings, Mr. Nishan Fernando, CFO - Odel, Mr. Ranil Pathirana, Finance Director - Hirdaramani, Ms. Surekha Sellahewa, CEO - Colombo Stock Exchange, Mr. Trevine Jayasekara, Group Finance Director - Brandix Lanka and Mr.Vajira Wijegunawardena, Director - SEC. MTI Corporate Finance Business Lead Kapila Liyanage, MTI Associates Deshal Pandithage and Niroza Hussain will also be featured in the Forum.
The decision to go public is a result of various organizational objectives such as expansion, maintaining financial leverage, entry into new markets, exposure to other investment opportunities, retaining the best pool of management resources. Such a decision could also crop up due to regulatory requirements. On the other hand, a large group of companies may list one of its smaller subsidiaries in an IPO to ‘test the waters’ of a public listing.
Achieving such objectives will require access to various sources of capital and also create multiple financing alternatives such as equity, convertible debt and better rates on bank loans.
Prior to the actual listing application, a company needs to look at its long term strategic direction, looking at the challenges and opportunities available, and map out the action plans to overcome these challenges and optimize on the opportunities. This will also convey a clear message to potential investors on the actual returns they will receive on their investment in the long run. The valuation of the company will also reflect the strategic initiatives undertaken by the company
‘‘Listing takes a company to the next level. Once the need to go public is identified, a company must clearly map out its strategic direction, before moving ahead with listing. The most successful public companies are those who have understood this prior to listing’’ says Deshal Pandithage – MTI Corporate Finance Associate.
MTI Corporate Finance is a recently launched subsidiary of the Global Management Consultancy MTI Consulting. MTI Corporate Finance offers a full range of Corporate Finance Solution in the major domains of Corporate Funding & IPOs, Incorporations & Acquisitions, Asset Management, and Governance & Compliances.
MTI Corporate Finance aims to assist its clients by preparing them for an IPO through Strategic Advisory & Risk Management Audits, Valuation & Prospectus Development and the actual Application & Listing Process. The Unit is backed by a team of Corporate Finance Specialists with extensive experience in IPO Facilitation and related Finance Solutions.
The MTI IPO Forum, organized by MTI Corporate Finance will be held on Thursday 4th November at the Taj Samudra Hotel
The forum will feature corporate leaders including Dr. Anura Ekanayake, Chairman - Ceylon Chamber of Commerce, Mr. Asgi Akabarally, Director - Akbar Brothers, Mr. Asite Talwatte, Partner - Ernest & Young, Mr. Maithri Wickremesinge, MTI Legal Consultant, Mr. Malinga Arsakularatne, CFO - Hemas Holdings, Mr. Maninda Wickremasinghe, Country Head - Fitch Ratings, Mr. Nishan Fernando, CFO - Odel, Mr. Ranil Pathirana, Finance Director - Hirdaramani, Ms. Surekha Sellahewa, CEO - Colombo Stock Exchange, Mr. Trevine Jayasekara, Group Finance Director - Brandix Lanka and Mr.Vajira Wijegunawardena, Director - SEC. MTI Corporate Finance Business Lead Kapila Liyanage, MTI Associates Deshal Pandithage and Niroza Hussain will also be featured in the Forum.
The decision to go public is a result of various organizational objectives such as expansion, maintaining financial leverage, entry into new markets, exposure to other investment opportunities, retaining the best pool of management resources. Such a decision could also crop up due to regulatory requirements. On the other hand, a large group of companies may list one of its smaller subsidiaries in an IPO to ‘test the waters’ of a public listing.
Achieving such objectives will require access to various sources of capital and also create multiple financing alternatives such as equity, convertible debt and better rates on bank loans.
Prior to the actual listing application, a company needs to look at its long term strategic direction, looking at the challenges and opportunities available, and map out the action plans to overcome these challenges and optimize on the opportunities. This will also convey a clear message to potential investors on the actual returns they will receive on their investment in the long run. The valuation of the company will also reflect the strategic initiatives undertaken by the company
‘‘Listing takes a company to the next level. Once the need to go public is identified, a company must clearly map out its strategic direction, before moving ahead with listing. The most successful public companies are those who have understood this prior to listing’’ says Deshal Pandithage – MTI Corporate Finance Associate.
MTI Corporate Finance is a recently launched subsidiary of the Global Management Consultancy MTI Consulting. MTI Corporate Finance offers a full range of Corporate Finance Solution in the major domains of Corporate Funding & IPOs, Incorporations & Acquisitions, Asset Management, and Governance & Compliances.
MTI Corporate Finance aims to assist its clients by preparing them for an IPO through Strategic Advisory & Risk Management Audits, Valuation & Prospectus Development and the actual Application & Listing Process. The Unit is backed by a team of Corporate Finance Specialists with extensive experience in IPO Facilitation and related Finance Solutions.
MTI Corporate Finance seminar ‘Strategizing for Islamic Finance’
Tuesday, 28 September 2010 08:22 Published in News
MTI Corporate Finance, the Finance arm of MTI Consulting, a strategy and management consultancy, will be conducting a seminar on ‘Strategizing for Islamic Finance’ mainstreaming integration through global learnings with MTI’s speaker Xavier Jopart and the Corporate Finance Panelists. The seminar is to be held from 5.30 to 7.30pm on the Thursday 30th of September 2010 at the Gregory Room, Taj Samudra.
Photo Caption (L-R): MTI’s Middle-East Associate Xavier Jopart (Ex-McKinsey Associate and acclaimed Thought Leader in Islamic Finance) and MTI’s Corporate Finance Team / Panelist: Deshal Pandithage, Kapila Liyanage, Mano Tittawella, Manilka Fernando, and Pushpaka Ranasinghe
MTI’s speaker Xavier Jopart spent the first 10 years of his career with McKinsey in international consultancy across Europe and Middle East. He is an acclaimed Thought Leader in Islamic Finance, having played an active role in the World Islamic Banking Conference (at which both MTI & McKinsey were present). The MTI’s Corporate Finance Panel draws some of the best industry figures and includes Mano Tittawella, Pushpaka Ranasinghe, Manilka Fernando, Deshal Pandithage, Dinesh Fernando, Ishrat Rauff, and Kapila Liyanage.
The seminar is set to attract many key executives in the corporate and senior managements across the banking and financial industry in Sri Lanka.
MTI Corporate Finance provides solutions mainly in four domains. Firstly, Corporate Funding & IPO’s where it provides IPO Facilitation, Capital Structuring, Capital Sourcing & Venture Funding, and Working Capital Management. Secondly, Incorporation & Acquisitions where it provides Incorporation Facilitation, Due Diligence, Feasibility Report, M&A Facilitations, Valuations, and Public—Private Partnership. Thirdly, Asset Management where it provides two specialized services which is Investment Research and Fund Management. And Fourthly, Governance & Compliance where it provides Corporate Governance, Risk Management, Company Secretarial, Commercial Legal, Taxation Advisory, Internal Audit.
Photo Caption (L-R): MTI’s Middle-East Associate Xavier Jopart (Ex-McKinsey Associate and acclaimed Thought Leader in Islamic Finance) and MTI’s Corporate Finance Team / Panelist: Deshal Pandithage, Kapila Liyanage, Mano Tittawella, Manilka Fernando, and Pushpaka Ranasinghe
MTI’s speaker Xavier Jopart spent the first 10 years of his career with McKinsey in international consultancy across Europe and Middle East. He is an acclaimed Thought Leader in Islamic Finance, having played an active role in the World Islamic Banking Conference (at which both MTI & McKinsey were present). The MTI’s Corporate Finance Panel draws some of the best industry figures and includes Mano Tittawella, Pushpaka Ranasinghe, Manilka Fernando, Deshal Pandithage, Dinesh Fernando, Ishrat Rauff, and Kapila Liyanage.
The seminar is set to attract many key executives in the corporate and senior managements across the banking and financial industry in Sri Lanka.
MTI Corporate Finance provides solutions mainly in four domains. Firstly, Corporate Funding & IPO’s where it provides IPO Facilitation, Capital Structuring, Capital Sourcing & Venture Funding, and Working Capital Management. Secondly, Incorporation & Acquisitions where it provides Incorporation Facilitation, Due Diligence, Feasibility Report, M&A Facilitations, Valuations, and Public—Private Partnership. Thirdly, Asset Management where it provides two specialized services which is Investment Research and Fund Management. And Fourthly, Governance & Compliance where it provides Corporate Governance, Risk Management, Company Secretarial, Commercial Legal, Taxation Advisory, Internal Audit.