Murorua carries the torch further for BAN

The Bankers Association has named Martha Murorua, as its new chairperson to replace Ester Kali who has served for the previous term.

14 May 2021 | Others

Wetumwene Shikage



The handover of the Bankers Association of Namibia chairmanship took place on Tuesday, 11 May in Windhoek.

The event was graced by the presence of the Governor of the Bank of Namibia (BON), Johannes !Gawaxab, as well as Ester Kali, outgoing president of the Bankers Association of Namibia (BAN), and Martha Murorua, incoming president of BAN.

The Bankers’ Association was established to ensure that commercial banks safeguard the trust they have in the economic system. It also acts as a medium for communication with the government, BoN and related institutions on matters affecting the activities of banks.

Murorua, was officially placed at the helm of leadership as the incoming president of BAN.

“The banking industry is often seen as the lifeblood of an economic system with its clear-cut role in planning and implementing financial policy. Banks provide the security and confidence in an economy and cannot operate without the trust of its borrowers, savers and financial intermediaries,” she said.

As the incoming president, Murorua said she looked forward to advocating for the industry, and would foster inclusivity and financial literacy in Namibia.

“These are difficult and unpredictable times, yet we have seen financial institutions lean in to assist their clients and consumers in navigating the current economic climate. The zeal and determination with which they serve their customers and communities are inspiring,” Murorua said.

Outgoing president Ester Kali highlighted the achievements of the past year, saying that much was achieved during the most difficult period for any board amidst the pandemic.

Kali said the organisation had many meetings with the office of the central bank governor to discuss ways to provide the best service to customers and work on products and solutions collectively.

“I am sure that in the next few months, the seeds planted will be able to grow and we will be able to see that planning and teamwork will always work, for the best interest of our fellow Namibians,” she said.

!Gawaxab expressed his appreciation of the way the Bankers Association managed to keep on track in the worst economic climate experienced by all sectors.

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