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Bankmed Matter 2, Join FNB - Coggle Diagram
Bankmed Matter 2
Resign
Go Alone
Pros: Independency
Cons:?
Other Considerations:
Johan Human as Project Manager?
Internal project team members?
Choice of Funds?
Timing - when do we resign?
Impact on employee cost/benefits
Pensioners?
Next Steps:
Engage 3 open funds and determine acceptance (before 1Jan)
Constitute Steerco
Draft project plan
Appoint project manager (Johan Human)
Members: Abri (Coordinator), Stephanie (Chairman), Retuura (Dep. Chair), Johan Maas, Marlize, Michelle, Chapman, Jacquie, ZK
Will recommend to Exco>BHRC>CGPBoard
Agree
engage staff
communicate
comms before 28th
Risks to Manage
Bankmed crashes and cannot pay its creditors and Capricorn is seen as abandoning Bankmed?
Dissolve
Risks: Unkown timeline, Costs, Ability to manage parallel process by BoT to find alternatives, IBNR/Solvency, Communication strategy and more????
Decision: Happy to relinquish remaining reserves?
Transfer out
Join FNB
Pros: Bargaining power, Coordinated approach, ????
Cons: Misalignment on employee engagement