CHAMWE KAIRA
The board of directors of Bank Windhoek has announced the retirement of Jacobus Christiaan “Koos” Brandt as a non-executive director of Bank Windhoek.
The group said Brandt retired from the board on 30 April, concluding an illustrious career of over four decades with Bank Windhoek and Capricorn Group Limited.
Brandt is one of the founders of Bank Windhoek, leading the group of visionary entrepreneurs who established Bank Windhoek in 1982. He has served Capricorn Group and Bank Windhoek with distinction in various leadership capacities. Notably, Brandt was the chairperson of Bank Windhoek from 1982 until 30 June 2017, and he also played a pivotal role in the formation of Capricorn Group in 1996, serving as its inaugural chairperson until 2017.
Brandt has been integral to the growth and success of both Bank Windhoek and Capricorn Group.
The board further announced the continuation of JW Brandt as alternate director of E Solomon, effective 1 May, following the retirement of Koos Brandt. JW Brandt has been Koos Brandt’s alternate director since 2016.
The board of Bank Windhoek expressed its deepest appreciation to Koos Brandt for his unparalleled service, leadership and dedication. In acknowledging his retirement, the board noted that Brandt’s vision and foresight have shaped the identity and success of Bank Windhoek and Capricorn Group.
In 2018, Brandt said it was almost unbelievable that Capricorn Group had grown sustainably and responsibly in a phenomenal way and continued to conquer and expand. On 20 June 2013, Capricorn listed on the Namibian Stock Exchange (NSX).
On 12 May 2017, the largest institutional investor in Namibia, the Government Institutions Pension Fund (‘GIPF’), acquired a 26% interest in the issued ordinary shares of Capricorn Investment Group Limited. All the necessary regulatory approvals were received, and the transaction became effective.
Furthermore, Capricorn Group announced the appointment of Johannes Jacobus Esterhuyse as a non-executive director of Bank Windhoek Limited effective 30 April.
“Regulatory approval for the appointment of Mr Esterhuyse has been obtained. The appointment was made pursuant to the policy dealing with the nomination of directors of Bank Windhoek. The board welcomes Mr Esterhuyse and looks forward to benefiting from his insights and contributions in the future,” the group said.
