Chief Enterprise Business Officer (CEBO)

Strategic:

• “Enterprise Vision and Strategic Leadership”

• Develop Innovative Vision and Strategy: Craft a forward-thinking strategy for Group Insurance, Microinsurance, Bancassurance and Digital Channel’s product segments. 

• “Market Opportunity and Competitive Awareness”

• Identify and Analyze Market Trends: Proactively explore emerging markets and assess potential product opportunities, ensuring alignment with organizational goals and as per IDRA guidelines.

• Monitor Competitive Activity: Maintain a vigilant understanding of competitor strategies to position the enterprise competitively and capture market share. 

• “End-to-End Business Modeling”

• Opportunity Mapping: Identify and prioritize opportunities through market analysis and stakeholder engagement.

• Product Development and Execution: Drive the development of innovative products from concept to market launch, ensuring seamless execution and measurable outcomes as per IDRA guidelines.

Operational:            

• “Revenue Growth and Operational Excellence”

• Drive Scalable and Repeatable Growth: Oversee revenue strategies and operational infrastructure to support sustainable business expansion.

• Ensure Operational Efficiency: Implement processes and systems that enable consistent and scalable growth across all business segments.

• “Strategic Analysis and Advisory Support”

• Support Business Heads: Partner with business leaders to identify key challenges, evaluate potential solutions, and create actionable plans grounded in rigorous, fact-based analysis.

• Facilitate Strategy Development: Combine facilitation, influence, and strategic input to help business leaders align their plans with overarching corporate goals.

• “Corporate Strategy Refinement and Growth Innovation”

• Refine Corporate Strategy: Periodically review and update the corporate strategy to address emerging issues and anticipated challenges in the business landscape and IDRA guidelines.

• Innovate for Growth: Develop and explore new growth opportunities through in-depth analysis of market dynamics and competitive landscapes.

• “Collaborative Problem-Solving and Decision-Making”

• Cross-functional collaboration: Work closely with teams across functions and markets to address complex business challenges and provide actionable recommendations.

• Strategic Recommendations: Deliver insights and guidance on a wide array of strategic and operational issues, ensuring alignment with business objectives. 

Business Development:

• Fosters and works to maintain an entrepreneurial growth culture throughout the company and across all teams and work functions.

• Manage overall enterprise business operations with the capacity to create business integration with corporate bodies.

• Put a strong foothold in the insurance market by acquiring and managing its portfolio (visibility, engagement & retention).

• Ensuring service excellence and gaining scalable market share.

• Develop and control the annual budget.

Process Development:

• Design an executive business roadmap of potential business opportunities, including internal and external development programs.

• Guide development of execution plans and performance targets.

People Development:

• Enhance productivity and effectiveness of operations by setting development strategies for the business leaders and encouraging them to meet their set targets.

• Promote a culture of high performance and continuous improvement that values learning and commitment to service delivery.

Risk Management:

• Provide strategic leadership direction in the establishment of a robust and effective channel partner model and business operations in alignment to compliance with local laws and regulations.

• Ensure adherence of all business operations as stipulated in the Insurance Act and IDRA guidelines.