Ester Kali steps in as chair of BAN

16 June 2020 | Banking

We have a mammoth task ahead of us, especially in such trying times. – Ester Kali, Chair: BAN

Phillepus Uusiku - The Bankers Association Namibia (BAN) has announced that Letshego Bank Namibia chief executive officer, Ester Kali, has assumed the chair of the industry body.

Kali steps in taking over from FirstRand Namibia chief executive officer, Sarel van Zyl, and assures continuous efforts to lead the banking industry.

The new chair thanked Van Zyl and his team for steering the ship with all of its respective banks and having made sound decisions towards the best interest of every banking Namibian.

“This is a team effort and it is therefore all of our responsibility to take ownership and put in as much effort as we can. We have a mammoth task ahead of us, especially in such trying times; however, through a pandemic or not we will always do the best that we can,” she said.

“Through the Covid-19 lockdown it was heartening to see all BAN members pulling together to assist their customers in this time of need,” she added.

Coordination

On 12 June, Kali took up her role and engaged with the newly appointed governor of the Bank of Namibia (BoN), Johannes !Gawaxab,which is the regulator and supervisor of the sector, at the invitation of the central bank.

!Gawaxab welcomed the new chair and re-iterated the importance of open communication and stakeholder relations to set the tone for various synergised initiatives.

“The Bank of Namibia and Bankers Association Namibia relationship is one forged by a sense of responsibility for the maintenance of a robust, effective and well-functioning financial system,” !Gawaxab said.

“Namibia’s financial system is world-class and therefore admired globally, it is indeed the engine that oils the economy. During times such as these, the financial sector needs to continue to play its part to help cushion our households and businesses feeling the wrath of the impact of Covid-19, on their livelihoods and bottom-lines.

“Additionally, the sector needs to be ready to provide the impetus for growth and development we need, as a nation, in the aftermath of the pandemic.

“I look forward to working with BAN and its new leadership as we navigate the ship through these turbulent tides and ensure we emerge from this crisis stronger, responsive to the needs of the population and most importantly a vibrant, competitive sector,” the central bank governor said.

Members

Kali will be at the helm of BAN and serve for a year in the position. This position rotates annually among the heads of all commercial banks. As part of this annual rotation, Richard Meeks, from Nedbank now takes on the position of vice-chair.

The Bankers Association of Namibia (BAN) was founded in 1997 in accordance with the Banking Institutions Act as the representative trade association for the commercial banking sector in the country.

BAN members are Bank Windhoek, Bank BIC, First National Bank, Nedbank, Letshego Bank, Trustco Bank, and Standard Bank. It deals with non-competitive issues which are of common interest and of significance to the banking industry in Namibia.

Similar News

 

Attitude is everything

6 days ago - 25 September 2020 | Banking

Mariselle StofbergWith his people relationships and excellent communication skills, Chris Matthee understands the importance of listening and communicating clearly and with the appropriate level of...

I won't muzzle Fishrot probe - !Gawaxab

1 week ago - 18 September 2020 | Banking

OGONE TLHAGEWINDHOEKBank of Namibia governor Johannes !Gawaxab has scoffed at claims that his appointment as the head of the central bank was politically motivated and...

Bank Windhoek announces new executive appointments

3 weeks ago - 03 September 2020 | Banking

Bank Windhoek has announced the appointment of its new chief financial officer, Zenaune Kamberipa, effective 1 September 2020. Kamberipa will be taking over from...

Nedbank launches financial booklet

4 weeks ago - 03 September 2020 | Banking

The second edition of the Nedbank Financial Education booklet was launched in the capital on Monday.The booklet was created with the aim of enhancing the...

Compassion with no boundaries

1 month - 28 August 2020 | Banking

MARISELLE STOFBERGHeleen Ries von Bergen’s story is one rooted in giving unconditional love, being authentic and brave enough to make choices that are best for...

Driven and passionate

1 month - 28 August 2020 | Banking

The 40-year-old Tomas Koneka Iindji is a positive, hardworking banker with over 20 years of banking experience. He strives to always achieve the highest standard...

SME Bank depositors to lose 75% of their cash

1 month - 27 August 2020 | Banking

OGONE TLHAGEWINDHOEKDepositors who held money with the now defunct SME Bank have been told that they should expect to receive 25 cents for every N$1...

BoN uncovers 12 pyramid schemes

1 month - 19 August 2020 | Banking

The Bank of Namibia (BoN) in 2019 and 2020 conducted investigations into 12 suspected illegal financial pyramid schemes uncovered in the country, its deputy director...

Bank Windhoek releases Green Bond Impact Report

2 months ago - 22 July 2020 | Banking

Bank Windhoek this week published its first Green Impact Report. The report details projects that received funding from its NSX listed Green Bond proceeds and...

Savvy business banking: Single pricing fee choices make sense

2 months ago - 13 July 2020 | Banking

Running a business can be stressful. Managing your money shouldn't be. Does your bank provide you with choices and helpful banking solutions by devising flexible...

Latest News

Uutoni has final say on...

6 hours ago | Government

KENYA KAMBOWERUNDUUrban and rural development minister Erastus Uutoni will have the last say as to whether 83.1738 hectares of land at Divundu in the Kavango...

Govt spends N$2.3bn to buy...

6 hours ago | Agriculture

ELLANIE SMITWINDHOEKThe government has spent N$2.3 billion on the acquisition of 558 farms measuring 3.4 million hectares to resettle landless Namibians to date.The government started...

Youth must stand up and...

6 hours ago | Opinion

Young Namibians have historically been the torchbearers of every revolution we have come to experience.In fact, that’s the story everywhere in Africa. Nelson Mandela, Yoweri...

Snared Etosha elephant calf rescued

6 hours ago | Environment

FRANCOISE STEYNBERGWINDHOEKAn elephant calf that was spotted near Namutoni in the Etosha National Park with a wire snare cutting deep into the flesh of its...

Six arrested for wildlife crimes

6 hours ago | Crime

ELLANIE SMITWINDHOEKSix suspects have been arrested in connection with wildlife crimes and two new cases were registered last week.Three of the suspects were arrested for...

Swapo processes under fire

6 hours ago | Politics

OTIS FINCKWALVIS BAYAccording to an aggrieved group, Swapo leaders assigned to the Erongo Region baffled members in the districts by pushing through disputed candidate nominations...

A shared future for the...

6 hours ago | Opinion

ZHANG YIMINGToday marks the 71st anniversary of the founding of the People’s Republic of China as well as the Chinese traditional Mid-Autumn Festival (Moon Festival)....

Matjila, Fillemon crowned gaming kings

6 hours ago | Sports

Jesse Jackson Kauraisa WINDHOEK Namibian gamers Rashaad Matjila and Matias Fillemon have been selected as the country's e-sports national team players...

BA's power tussles continue

6 hours ago | Sports

Limba Mupetami WINDHOEK Infighting within Black Africa's (BA) ranks continues, with the interim committee and supporters of the community club clashing on whether...

Load More