SBN Holdings

Mungunda to exit Standard Bank

Mungunda to exit Standard Bank

Staff Writer SBN Holdings and Standard Bank Namibia have announced that Vetumbuavi Mungunda has given notice of his intention to step down as Chief Executive with effect from 1 May 2021. The listed banking group said the advance notice will allow for a well-planned, smooth transition process and sufficient time for a suitable candidate to be found “This will help to ensure that our valued clients and our operations are not impacted by the change in leadership. The Board will commence a process to appoint a successor to Mr. Mungunda and a further announcement will be made in due course,”…
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