Nedbank Namibia has appointed Stuart Main as the new Executive: Treasury.
Main, who joined Nedbank five years ago, will be responsible for leading the Treasury Department, whose primary function is to raise funding from institutional investors and manage the bank’s liquid assets.
Before his promotion, Main worked as Head of Treasury Funding and his duties included managing the bank’s liquidity, cost of funding, excess liquid assets, as well as managing regulatory and bank limits. His duties have included formulating strategies to achieve the bank’s targets and overseeing wholesale investor relationships.
He joined Nedbank in 2016 and held the position of Senior Dealer: Liquidity and Portfolio Management. Prior to joining Nedbank, his work within the financial services industry and held positions such as Bond and Equity Trader, Head of Foreign Exchange and Fixed Income Trading and Research Analyst and Trading.
“I have had a very positive experience since joining in 2016, partaking in the opportunity to see the bank grow and develop over the past five years,” he said of his experience within Nedbank.
Commenting on the overview of his responsibilities as Executive: Treasury, Main wishes to play a key role in how Nedbank might broaden its client offering in a way that offers even greater value to clients as well as to the bank.
“I would like to bring a touch of New York to Windhoek,” he said.