Staff Writer

Philip Chapman has been appointed as the new CEO of RMB Namibia replacing Conrad Dempsey who was appointed FirstRand Namibia Group CEO Designate effective 1 July 2020 , takeover reigns from Sarel van Zyl who retires on 30 September 2020.

Chapman as part of his appointment which is subject to regulatory approval , will also serve on the FirstRand Namibia Executive Committee.

Chapman previously headed up RMB Corporate Credit in Namibia, and was also RMB Credit co-head regionally and most recently headed FNB Commercial and Business Banking.

“With Phillip’s experience both in RMB and FNB Commercial we look forward to further aligning our business model to bring solutions relevant to the needs of our clients in the years to come. With Phillip at the helm of RMB, we are sure to steer through the post-pandemic era towards a better business and better Namibia, ” Dempsey said.

The banking has also appointed Selma Kapeng as the new Group Treasurer and member of the FirstRand Executive Committee, effective 1 October 2020, also subject to regulatory approval

She has accumulated broad treasury related experience in her career having worked at the Bank of Namibia and later heading up RMB Global Markets and the Foreign Exchange Product House.

Dempsey congratulated Kapeng on her appointment, saying: “the next few years in FirstRand Namibia will be both challenging and exciting. We know that Kapeng’s expertise will help further build our business and a better Namibia.”