Tjipuka is new FNB CEO
26 February 2019 | Business
FirstRand Namibia is the holding company under which commercial bank FNB, corporate and investment subsidiary RMB Namibia, insurer Outsurance, vehicle and asset financier Wesbank and asset manager Ashburton fall.
The group, previously known as FNB Holdings, recently adopted the name FirstRand Namibia to align its identity to that of its South African parent company.
Tjipuka will assume his role as CEO on 1 April 2019.
“I am very pleased to be joining FNB Namibia and look forward to driving the development and execution of our corporate strategy going forward,” he said.
“In addition to the company's core business, we intend to devote significant time and effort to pursuing new and innovative opportunities that have tremendous opportunity for value creation for our customers and staff.”
Tjipuka, most recently the managing partner at Deloitte Namibia, is no stranger to FNB, having been part of the team as chief financial officer from 2008 to 2012.
He holds an MBA from the Maastricht School of Management as well as a Bachelor of Commerce from the University of Namibia and a Postgraduate Diploma in Accountancy from the University of Cape Town.
Tjipuka joined Deloitte in 1997 as a trainee accountant and was among the first black Namibians to pass the final qualifying examination of the Public Accountants and Auditors Board of Namibia.
In 2005, he rose to the position of senior manager at Deloitte before he left to join FNB as group finance manager.