Ali Palavi Homelo
Honiara,Western/Choiseul
Summary
Proven leader in financial management and strategic planning at the Central Bank of Solomon Islands, adept at enhancing operational efficiency and spearheading innovative investment strategies. Achieved significant revenue growth through meticulous portfolio management and reserves enhancement. Excelled in fostering stakeholder compliance and cultivating a culture of continuous improvement, demonstrating exceptional compliance management and interpersonal skills.
Overview
28
28
years of professional experience
Work History
Chief Manager, Financial Market & Exchange Control
Central Bank Of Solomon Islands
11.2015 - Current
- The Development and implementation of FMECD Startegic direction that meets the need of the organization (CBSI).
- Support CBSI strategic planning in terms of financial investment and management
- Enhanced department and organization day to day performance by streamlining processes and improving efficiency in daily operations.
- Oversaw the development of innovative products or services, positioning the organization with reputable standing and best practice. company as an industry leader.
- To ensure compliance by all stakeholders on foreign exchange control Regulations, Policy and Procedures. .
- To Invest and manage SI external Reserves in line with Board guidelines and Investment Advisory committee and reserves management Policy.
- Financial Management - produce realistic Budgets for Department and manage departments expenses with approved Budget
- Increased revenue generation by identifying new Investment opportunities and expanding existing client relationships.
- Championed a culture of continuous improvement within the organization by promoting best practices and encouraging employees to seek out innovative solutions to challenges faced daily.
Manager Exchange Control
Central Bank Of Solomon Islands (CBSI)
10.2011 - 11.2015
- Administer exchange control Act regulations poilicy and procedures.
- Ensured compliance with industry regulations and legal requirements by implementing comprehensive policies and training programs for staff and external stakeholders and all banks and financial institutions . Accomplished multiple tasks within established timeframes.
- Maintained professional, organized, and safe environment for employees and patrons.
- Achieved departmental goals by developing and executing strategic plans and performance metrics.
- Managed and motivated employees to be productive and engaged in work.
- Accomplished multiple tasks within established timeframes.
Senior Investment Analyst
CBSI - Investment & Reserve Management Unit
03.2009 - 10.2011
- Reserves management and Investment Policy: .
- Dealings and interbank foreign exchange market dealing, ( ANZ; BSP; POB; BRED)
- Daly liquidity forecasting and interest income forecasting for strategic and tactical investment actions.
- Contributed to annual reports that communicated financial performance and investment strategies to Board and Management external stakeholders.
- Mitigated risks by diversifying investments across different sectors following thorough macroeconomic research.
- Developed comprehensive financial models for evaluating potential investments, leading to increased returns.
- Ensure effective team work and continuous mentoring officers with investment information
- External financial market research analysis to update or ascertain accurate market analysis for recommended investment options
Senior Exchange Control Supervisor
CBSI - Exchange Control Unit. International Dept
07.2006 - 02.2009
- Supervise subordinate officers in their daily duties in the Exchange Control Unit. Approve and authorized overseas payment applications; Approve and Issuance of Specific Authorities to exporters
- Effective management and administration of foreign currency exchanges flows.
- Effective Exchange Control compliance monitoring
- Compliance of Authorised Dealers & High level Reporting to management:Prepare various analytical assessment reports of Authorized Dealers and approved classified foreign exchange dealers to monitor their performances with regard to exchange control policy compliances and submit assessments to Manager Exchange control
- Maintain strong relationship with all stakeholders (banks, govt ministries, exporters, importers)
- Streamlined workflow processes for improved productivity and reduced errors.
- Ensured regulatory compliance by keeping abreast of relevant laws, regulations, codes, standards applicable to the industry, and monitoring adherence to these requirements.
- Training and updating for Exchange Control Officers on exchange control policy and procedural changes as well as amendments to exchange control regulations.
Statistical and Research Officer
CBSI: Economics & Research Department
03.1996 - 07.2006
- Contributed to policy recommendations informed by evidence-based analyses from conducted studies.
- Utilized various quantitative and qualitative research methods tailored to specific project objectives.
- Liaised between departments to ensure timely dissemination of critical information relevant to ongoing projects.
- Directed multiphase clinical research trials from startup to closeout by overseeing training and certifying staff, recruiting patients for trials and managing sponsor relationships.
- facilitate and ensure technological graphical nd information is up to date for report writing and assessment .
Education
Master of Arts - Finance
Macquarie University
Sydney Australia07.2019
MBA - Business Administration And Management
University of South Pacific
Fiji - Laucala Campus /Honiara Campus09.2013
Bachelor of Arts - Economics
University of South Pacific
Laucala Campus - Fiji07.2006
Diploma - Finance
SI College of Higher Education (SICHE)
Honiara, Solomon Islands12.1995
Skills
- Portfolio Investment and reserves management
- Corporate finance and financial Management
- FX Market Management
- Teamwork and Collaboration
- Customer Relations
- Corporate Governance
- Operations Management
- Strategic Planning, Documentation And Reporting
- Market Analysis
- Budget Oversight & Budget Administration
- Human Resources
- Compliance Management
Affiliations
- SI Ports Authority (Solomon Ports) - Board of Director
- Insitute of Company Directors Australia
Additional Information
Professional engagements::
Board of Director- ( Current) SI Ports Authority
Chairman - Audit and Risk Committee Board Sub Committee - Solomon Ports ( SI Ports Authority)
Secretary - Investment Advisory Committee - CBSI
Senior Member ( Management ) to Monetary Policy Committee - CBSI
Others community voluntary engagements;
Vice Chairman - Wesley United Church Congregation - Honiara
Chairman - Wesley United Church Roviana Lavata Island Group - Honiara.
Vice Treasury and executive member - Goldie College Alumni Association ( Goldie College Ex Students)
Alumni Member to Macquarie University
Timeline
Chief Manager, Financial Market & Exchange Control
Central Bank Of Solomon Islands
11.2015 - Current
Manager Exchange Control
Central Bank Of Solomon Islands (CBSI)
10.2011 - 11.2015
Senior Investment Analyst
CBSI - Investment & Reserve Management Unit
03.2009 - 10.2011
Senior Exchange Control Supervisor
CBSI - Exchange Control Unit. International Dept
07.2006 - 02.2009
Statistical and Research Officer
CBSI: Economics & Research Department
03.1996 - 07.2006
Master of Arts - Finance
Macquarie University
MBA - Business Administration And Management
University of South Pacific
Bachelor of Arts - Economics
University of South Pacific
Diploma - Finance
SI College of Higher Education (SICHE)
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