“Quitters never win, and Winners never Quit”
One interesting thing about famous successful personalities who “fail” is, THEY LEARN THEIR LESSONS AND MOVE ON: AFTER ALL, WINNERS NEVER QUIT!
Let us take a look at some famous personalities who went through painful times and bounced back: The following extract is by...
“Let us not look back in anger or forward in fear, but around in awareness”. — James Thurber
Last week, we examined various issues that make banks vulnerable to the outside world through various lapses. This is a continuation of various reminders:
Cash limits
Gone are the days when branch managers preferred...
“We have problems with our physical security, operational security through to management.” …Kevin Mitnick
The Kenyan Commercial Bank robbery
“NAIROBI (Reuters) - In a heist reminiscent of a Hollywood movie, Kenyan robbers spent months tunneling into the bowels of a bank located opposite a police station and stole the equivalent of...
Common Mistakes that Bankers should Avoid
“Adventure is the life of commerce, but caution is the life of banking” …Walter Bagehot
Last week I looked at the “Tournier principles” in great detail. Today, I will share some basic mistakes that bankers make which breach the duty of confidentiality. These inadvertent...
Treat your customer, as you want to be treated as a customer." Catherine Pulsifer
Dear Readers, it has been almost a decade roller coaster on the “RISK WATCH” journey. After exiting mainline banking practice of almost three decades, I have for eight years looked at banking services through the eye of...
"When we are no longer able to change a situation - we are challenged to change ourselves." - Viktor Frankl
Segregation of Duties in The Traditional Lending Process
The fourth revolution has made utmost use of digitalization to ensure seamless delivery of all operations and services. However until banking software...
“Money in the bank is like toothpaste in the tube. Easy to take out, hard to put back.” – Earl Wilson.
Ghana is still recovering from the shock of the recent armed attack on a cash van (not a bullion van) which ended up with the killing of the Police...
The ultimate dream of every financial institution is to climb the global corporate ladder to be one of the best if not the best already. To achieve this, there is a need for the banks’ strategic plans to include a more balanced risk management approach to secure the bottom-line...
“...I say, that Power must never be trusted without a check.”
― John Adams, Adams-Jefferson Letters
Dear readers, once again we have been bombarded with the devastating details in the annual Bank of Ghana Fraud Report. As expected, the details of internal fraud, external fraud and the underlying causes are being digested and...
“I have learned that people will forget what you said. People will forget what you did. But people will never forget how you made them feel.” Maya Angelou, 1928-2014
Today, I have decided to dedicate my page to all employees of organizations I have had contact with, who work straight...