FNB Namibia appoints new people in top leadership positions

Martin Endjala

As part of its executive team restructuring, First National Bank of Namibia (FNB) has announced the appointment of Nangula Kauluma, as Chief Executive Officer for FNB Retail Banking and Sepo Haihambo, as Chief Executive Officer of FNB Commercial Banking.

According to the bank, the restructuring is the first for the Namibian market which is aligned to the trend in banking globally, hence the announced closer by the bank to-market restructuring of its Executive Team.

FirstRand Namibia Group CEO, Conrad Dempsey, congratulated Kauluma and Haihambo on their new roles, saying that they are excited about the focused potential of this change for customers and clients.

The new flat structure he said, makes them all more easily accessible to customers and recognises individual expertise.

Dempsey said he is looking forward to the collaborative energy these appointments will bring to the FirstRand Namibia group.

Meanwhile, Kauluma is a seasoned financial services executive, with extensive experience in banking, life insurance and short-term insurance delivered in various roles across Africa, and was awarded Namibian Businesswoman of the Year 2017-2019.

She holds an MBA from Stellenbosch University and has a board director certification through Duke University CE.

While Sepo Haihambo has substantial experience in financial services and investment banking. Nominated into the top 10 of the Strategic African Women in Leadership Awards in 2022.

She is a Harvard Business School alumnus and holds a Master of Science (MSc) in Financial Management from SOAS University of London.

FirstRand Namibia comprises FNB, RMB, Ashburton, PointBreak and FNB Insurance countrywide.

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