Marcus Chi
Bolton,Greater Manchester
Summary
A Banking and Finance Professional with 22+ years of experience leading microfinance banking teams (2000-2006), banking teams (2007-2014) and corporate finance teams for the development and implementation of microfinance banking, banking, consumer credit and payment services projects in Africa, Germany and the United Kingdom (2014 and still), with a track record of constantly exceeding business expectations.
Highly skilled in banking, microfinance banking, consumer credit, payments, board governance and leadership, executive leadership, strategic management, strategic business development, regulatory compliance and financial modelling.
A holder of a Bachelor of Science (Honours) Degree in Banking and Finance and an MBA in Financial Studies with a Merit from Nottingham University Business School, University of Nottingham.
Overview
25
25
years of professional experience
4
4
years of post-secondary education
Work history
Director and CEO
FINASDDEE Payment Services LTD
Manchester, Greater Manchester
07.2016 - Current
- Working with different firms to ensure the firm develops robust systems and controls to enable it to be registered as a Small Payment Institution (SPI) in the UK and Building key stakeholder relationships to facilitate business growth and development;
- Overseeing the company's activities and ensuring the implementation of its business plan;
- Ensuring that Consumer Duty is considered and integrated into the firm's strategy, culture, values, and decision-making processes;
- Determining the general strategy of the firm;
- Approving strategic projects and budgets and monitoring the performance against strategic goals, plans and budgets;
- Defining interaction and dialogue between the firm and the regulator as well as maintaining a climate of respect, trust, and candour;
- Ensuring that the firm maintains appropriate systems for risk management and control, including proper processes for conducting business in compliance with legislation, regulations and internal policies and procedures.
Director
FINASDDEE capital Holding LTD
Manchester, Greater Manchester
05.2020 - Current
- Responsible for developing and driving the company's investment strategy in five sectors: payments, microfinance banking, consumer credit, banking, and Buy-to-Let in the UK and Sub-Saharan Africa. This led to the opening of a microfinance bank in Sub-Saharan Africa in 2020;
- Responsible for implementing the company's ten (10) year strategic plan to open ten (10) subsidiaries under the microfinance banking investment segment in Sub-Saharan Africa, five (05) subsidiaries under the banking investment segment in Sub-Saharan Africa and two (02) subsidiaries under the consumer credit investment segment in the UK and the USA by 2035.
Director
FINASDDEE Credit Line UK LTD
Manchester, Greater Manchester
05.2020 - Current
- Responsible for the firm's performance of its obligations under the Senior Manager's Regime;
- Responsible for business development and execution of the firm's Regulatory Business Plan;
- Responsible for establishing a solid rapport with relevant strategic partners to enhance the firm's capacity to meet regulatory compliance, including establishing partnerships with EQUIFAX UK for credit and AML checks and Open Banking, Anchor Computer Systems Limited for an End-to-End Consumer Loan Generating Software and customer portal, GOCARDLESS for direct debit payments, and COSEGIC for ongoing regulatory compliance support and eLearning for CPD.
Chairman of the Board of Directors
FINASDDEE Credit Line Cameroon S.A.
Douala, Cameroon, Sub-Saharan Africa
01.2020 - Current
- Responsible for board administration, governance and leadership, leading to the positioning of the company as one of the leading microfinance banks in innovative and digital microfinance solutions and services in Cameroon, Sub-Saharan Africa;
- Defined the strategic direction of the company and developed the associated strategic plan to facilitate the attainment of the financial objectives of the company, leading to a 50% increase in the loan portfolio and a 40% increase in revenue generation between 2020 and 2023;
- Established the firm's Compliance Monitoring Program to facilitate regulatory compliance.
Director
FINASDDEE UK LTD
Manchester, Greater Manchester
07.2016 - 11.2024
- Created long-term business strategy to drive company success, resulting in the winning of a bark.com Certificate of Excellence in 2021;
- Formulated business development strategies to expand market presence.
Managing Director
FINASDDEE GmbH
Cologne, Germany
06.2016 - 06.2018
- Created and led a thriving business culture focused on performance, which led to developing project business plans for companies in Germany for projects in the financial services sector, including consumer credit and microfinance worth over €750 million;
- Worked with the board of directors to establish objectives and decisively lead operations.
- Identified and resolved operational issues impacting productivity, performance or profitability.
Director
FINASDDEE
Manchester, Greater Manchester
02.2015 - 08.2016
- Identifying investment opportunities in the financial services sector in Sub-Saharan Africa like the Parent Company in Germany notably in the banking and microfinance banking sectors for interested investors in the United Kingdom.
Director
FINASDDEE UG (HAFTUNGSBESCHRÄNKT)
Cologne, Germany
05.2014 - 06.2016
- Identifying investment opportunities in the financial services sector in Sub-Saharan Africa principally in the banking and microfinance banking sectors for interested investors in Germany.
Area Manager Littoral Region
ECOBANK
Douala, Cameroon, Sub-Saharan Africa
12.2013 - 04.2014
- Responsible for the development of the consumer and commercial loan portfolios within the area, leading to a 10% increase in the loan portfolio and a 9% increase in the Profit after Tax of the area within 05 months;
- Responsible for providing leadership to 06 branch managers within the area, making the area the most value-adding of the company in terms of profitability, loans, deposits and opening of accounts.
Area Manager West Regions
ECOBANK
Bafoussam, Cameroon, Sub-Saharan Africa
01.2012 - 12.2013
- Responsible for providing leadership to branch managers and strategically expanding the area, opening six (06) branches within two (02) years;
- Applied expertise in team leadership to address productivity and performance issues, motivating branch managers to achieve KPIs.
Branch Manager
ECOBANK
Bamenda, Cameroon, Sub-Saharan Africa
04.2011 - 12.2011
- Directed day-to-day work of fifteen (15) employees and motivated teams to exceed objectives, leading to an increase in low-cost deposits by over 15% within eight (08) months;
- Identified and resolved operational issues impacting productivity, performance or profitability;
- Maintained organisational compliance with applicable legislation and regulations.
Relationship Manager
United Bank for Africa
Douala, Cameroon, Sub-Saharan Africa
10.2007 - 03.2011
- Managed long-term customer relationships to increase the consumer and commercial loan portfolios, leading to an increase in the loan portfolio by over 75% within three (03) years;
- Delivered excellent customer service and proactively sought innovative ways to enhance service quality;
- Identified and developed new business opportunities, expanding existing client bases.
MBA Student
Nottingham University Business School
Nottingham, Nottinghamshire
09.2006 - 09.2007
- Paused work for a year to pursue an MBA in Finance at the Nottingham University Business School. Graduated with a Merit and a Distinction in a project on Credit Risk Management.
Deputy General Manager
Community Credit Company PLC
Douala, Cameroon, Sub-Saharan Africa
01.2006 - 09.2006
- Assisted the General Manager to ensure the company consistently achieved or surpassed annual financial targets by providing leadership to 13 managers and business heads;
- Grew the customer base by 30%, deposits by 25% and loans by 32% within one year.
Head of Marketing and Branch Manager
Community Credit Company PLC
Douala, Cameroon, Sub-Saharan Africa
01.2005 - 12.2005
- Conducted market research and analysis to identify emerging opportunities and maintain a competitive market edge, which led to changing the strategic direction of the company, thereby increasing business profitability by 40% in 2005;
- Developed marketing plans to support business growth and development;
- Identified new customer segments and target audiences to expand reach.
Branch Manager
Community Credit Company PLC
Douala, Cameroon, Sub-Saharan Africa
05.2002 - 12.2004
- Directed day-to-day work of 10 employees and motivated teams to exceed objectives, making the branch the most profitable of 05 branches within the network;
- Identified and resolved operational issues impacting productivity, performance or profitability;
- Maintained organisational compliance with applicable legislation and regulations.
Branch Marketing Manager
Community Credit Company PLC
Yaoundé, Cameroon, Sub-Saharan Africa
12.2000 - 05.2002
- Identified new customer segments and target audiences to expand reach, leading to an increase in the customer base by 75% within less than two (03) years;
- Optimised sales methods to best engage, acquire and retain customers.
Education
Master of Business Administration - Finance
Nottingham University Business School
Nottingham, United Kingdom 09.2006 - 09.2007
Bachelor of Science - Banking and Finance
University of Buea
Buea, Cameroon 10.1997 - 11.2000
Skills
- Board Administration and Governance
- Executive Leadership
- Strategic Leadership
- Sales and Strategic Business Development
- Banking
- Microfinance Banking
- Consumer Credit
- Money remittance (Payments)
- Regulatory Compliance
- Financial Modelling and Forecasting
Recent Relevant Training and Certifications
- Anti-Money Laundering and Counter-Terrorist Financing - CPD: Cosegic Ltd, 2025
- The Consumer Duty - CPD: Cosegic Ltd, 2025
- Fraud Awareness - CPD: Cosegic Ltd, 2025
- Complying with GDPR - CPD: Cosegic Ltd, 2025
- Information Security - CPD: Cosegic Ltd, 2025
- FCA Regulatory Environment - CPD: Cosegic Ltd,2025
Timeline
Director
FINASDDEE capital Holding LTD
05.2020 - Current
Director
FINASDDEE Credit Line UK LTD
05.2020 - Current
Chairman of the Board of Directors
FINASDDEE Credit Line Cameroon S.A.
01.2020 - Current
Director and CEO
FINASDDEE Payment Services LTD
07.2016 - Current
Director
FINASDDEE UK LTD
07.2016 - 11.2024
Managing Director
FINASDDEE GmbH
06.2016 - 06.2018
Director
FINASDDEE
02.2015 - 08.2016
Director
FINASDDEE UG (HAFTUNGSBESCHRÄNKT)
05.2014 - 06.2016
Area Manager Littoral Region
ECOBANK
12.2013 - 04.2014
Area Manager West Regions
ECOBANK
01.2012 - 12.2013
Branch Manager
ECOBANK
04.2011 - 12.2011
Relationship Manager
United Bank for Africa
10.2007 - 03.2011
MBA Student
Nottingham University Business School
09.2006 - 09.2007
Master of Business Administration - Finance
Nottingham University Business School
09.2006 - 09.2007
Deputy General Manager
Community Credit Company PLC
01.2006 - 09.2006
Head of Marketing and Branch Manager
Community Credit Company PLC
01.2005 - 12.2005
Branch Manager
Community Credit Company PLC
05.2002 - 12.2004
Branch Marketing Manager
Community Credit Company PLC
12.2000 - 05.2002
Bachelor of Science - Banking and Finance
University of Buea
10.1997 - 11.2000
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