Nedbank Namibia appoints new COO

16 June 2020 | Banking

Victor Ashikoto has taken on a new role as the chief operating officer (COO) of Nedbank Namibia.
He is a seasoned information and communication technology (ICT) expert with almost two decades’ working experience in senior roles across the banking, telecommunications, transport and energy sectors.
In his new position, Ashikoto will be largely responsible for the alignment of Nedbank Namibia’s strategy to key national initiatives, including the setting up of innovation, technology and payment capabilities and functionality within the organisation.
Speaking on the current crisis that has brought economies almost to a standstill, Ashikoto emphasised: “Banks have an important role to play amidst Covid-19, as the pandemic placed extraordinary demands on leaders in business and beyond.
“Recognising that a company faces a crisis is the first step for business owners. One simply can’t address something you don’t acknowledge. This is a difficult step, not underestimating the possibility of a crisis and the impact it could have on the business.”
He continues: “This crisis is ruled by unfamiliarity and uncertainty, but within Nedbank Namibia we are focused on responding to the pandemic, supporting customers and protecting our employees. It presents an opportunity for us to test if we are true agents of change with the agility to respond to shifting market realities.
“Our plans span a wide range of actions which may be beneficial for maintaining operations post-crisis; for example, instituting work-from-home policies, adjustments to ongoing business practices and new tools to aid collaboration. We have certainly also been fast-tracking technology development to assist our clients to bank securely from anywhere and at any time,” Ashikoto said.

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