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    Gere Tassew

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    Uploaded by

    Gere Tassew
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    2 views2 pages

    Here1

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    Gere Tassew

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    © All Rights Reserved
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    Here’s a clean and structured version of your action plan to ensure clarity and alignment:

    Action Plan for Quick Recovery and Sustainability


    1) Reinstate Governance to Ensure Accountability and Transparency

     a. Conduct regular management meetings.


     b. Replace vacant or missing board members.
     c. Organize and conduct board meetings.
     d. Conduct a General Assembly meeting; elect and rearrange board leadership.

    2) Prepare Comprehensive Strategic Plan for Quick Recovery

     a. Secure approval to develop the strategic plan.


     b. Prepare the Terms of Reference (TOR) to hire a consultant.
     c. Issue a tender announcement to hire a consultant for the strategic plan.
     d. Award the contract to the winning consultant and initiate the preparation process.
     e. Review and provide feedback on the first draft of the strategic plan.
     f. Finalize the strategic plan and obtain approval.
     g. Implement the approved strategic plan.

    3) Maintain NPL Ratio Below the NBE Threshold of 5%

     a. Meet with each customer to discuss repayment resumption strategies.


     b. Categorize customers based on willingness and ability to repay (e.g., Reschedule,
    Refinance, or Write-off).
     c. Conduct periodic follow-up and supervision to ensure progress.

    4) Clear Balance Sheet by Resolving Turnkey Project Issues

     a. Present the issue of unproductive Turnkey Projects during meetings and explore
    solutions.
     b. Engage with Tigray Interim Administration leadership to resolve Turnkey Project
    challenges.
    5) Merge Articles of Association (AOA) and Memorandum of Association (MOA)
    According to New Commercial Code

     a. Prepare the merged Articles of Association.


     b. Obtain approval for the merged AOA.
     c. Legalize the amended AOA.
     d. Submit the amended AOA to the National Bank of Ethiopia (NBE).

    6) Strengthen Liquidity Sources for Business Growth and Sustainability

     a. Propose potential sources of finance.


     b. Obtain board approval for financing options.
     c. Implement the identified sources of finance.

    7) Conduct Capacity Building Training for Staff and Management

     a. Identify capacity-building needs for staff and management.


     b. Select a trainer or training program to address the gaps.
     c. Conduct training sessions for staff and management to enhance skills.

    This version ensures a clear, actionable flow for each task and makes it easier to monitor
    progress and implementation across all areas. Let me know if any further refinements or
    adjustments are needed!

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