Background information: Ecobank is a panAfrican banking conglomerate, with banking operations in 33 African countries. It is the leading independent regional banking group in West Africa and Central Africa. serving wholesale and retail customers. Situation: Your consulting rm has received a tender from Ecobank to submit a tender related to risk management services. The subSaharan economy has been impacted severely by the COVlDlg Pandemic (and is struggling to recover]. the war between Russia and Ukraine. inflation and climate change. Ecobank management has realised the need for a more comprehensive Enterprise Risk Management Programme. to build resiliency to unexpected scenarios. They do not know where to begin, and are currently seeking the advice of panAfrican. advisors with a strong reputation in strategy. risk and resilience. Details of the Tender: Private Tender No.: ECOi210223i592 Tender description: Provision ofend-toend risk management services for a period of 36 months. with an option to be renewed for a further 2 years. at the discretion of Ecobank. | Source funding with favorable interest rate Implement zero budget to cut cost Reduce operational cost inline with the current conditions Draft SOP which are in line with market conditions Restructure and introduce business unit soley dedicated to risk Vet creditors through due diligence