We were invited to join IFC in Morocco last week at the 5th Financial Infrastructure and Risk Management Training for MENA and African Regions. Reynir Grétarsson (CEO Creditingo group Hf) – pictured, Paul Randall (Director of Business Development Creditinfo International GmbH), Dirce Varela (CEO, Creditinfo Cape Verde) and Edwin Urasa (Business Development Manager, Creditinfo Tanzania) attended the training.
IFC advised the training was very successful; from a course review of the feedback forms received it looks that on a scale 0-5 over 90% of participants rated the training 4 or 5 (with 5 being the highest).
People have predefined ideas about what it is that I do. I have found that such ideas vary from me being in charge of everything that happens in our company to being in a ceremonial role. People outside the company typically believe I am involved in much more than I am. As an example someone I know might contact me and ask for a job. I would answer that I have only three employees myself and have not hired for 3 years, nor plan to. A lot of people are being hired by our Group, perhaps close to 1 per week now, but this is not something that is on my table. And that is not because I am too good for this, but precisely because I believe I am not very good at hiring and supporting people reporting directly to me. I typically give them tasks and leave it to them. The “outsiders” also find it strange that I have not been involved in the Icelandic operation at all for many years, even if I am working from the same office.
Being from a small village on the north coast of Iceland and without any contacts whatsoever in the beginning, I did come across barriers related to who I was, as opposed to what I did or could do.
I like to have people with different backgrounds and dispositions in our company. Not all of are the usual run-of-the-mill international experts. But this only gives broader perspective to the company and makes it stronger.
I am not sure that what I am saying makes sense to you (all), but I wanted to say it anyway.
As you may remember, in November, we told you that we were the finalists, along with CRIF, for a tender to become the operator of the First Credit Bureau in Azerbaijan.
Before selecting the winner, the Executive Committee wanted to clarify a few issues relating to the hardware of each organisation. In December, Tomáš Tichý,Radek Bittner, Paul Randall and Reynir gave a presentation in Baku. According to Paul his presentation was fantastic and Reynir’s was OK! (how cheeky!).
Anyway, the Committee now want to visit both organisations, so at the end of January they will be going to IBCH in Kiev and to CRIF HQ in Bologna. Afterwhich they will advise who will receive the tender. Watch this space….
On a side note, we bumped into William Haigh as we were leaving the IFC office.
As you may already know, we won the tender for developing the Public Credit Registry (PCR) system for Da Afghanistan Bank (DAB) to enhance access to financial resources and loan facilities in the country. Reynir signed the contract for the project in Kabul in February 2013.
“Best wishes and seasons greetings to you and your families!“
Reynir Grétarsson and Dave Kahwa (Creditinfo Tanzania) participated in a conference in Maputo, Mozambique, at the end of October. The conference was organized by the German Development-cooperation Agency (GIZ) and participants were, in addition to locals, from various African countries such as Uganda, Namibia, Democratic Republic of Congo, Tunisia, and Ghana. Two other credit bureaus were offered to participate. Continue reading »