Nedbank Namibia has appointed Taleni Nengola as Head of Balance Sheet Management.
As the new Head of Balance Sheet Management, Nengola leads a team of four and is responsible for ensuring strategic balance sheet management, in addition to monitoring liquidity risk, capital management, interest rate risk in the banking book, and foreign exchange risk.
Her team fulfils the regulatory reporting function within the Nedbank Namibia Finance Department, which involves compiling regulatory submissions as well as ensuring compliance with regulatory and legislative requirements.
Nengola wants to optimize the talents of her new team in service of achieving their aligned business goals and believes every team member brings a unique strength to the table.
“As a leader, I try to identify these strengths and learn as much as I can about my team. It is important to me that they also feel valued by the department and Nedbank Namibia as a whole,” she says.
In her new role, she aims to maintain authenticity as a leader, noting that it “is the sweet spot where your core values align with what you do. I am driven to continue building a career where that is the case because it will push me to show up fully every day. “
She notes her promotion is a step towards her becoming an industry leader in financial services and building a lasting legacy.
“I still have a way to go in terms of discovering my purpose, but as world-renowned Bishop TD Jakes teaches that if something is not that thing, it may be the thing that leads to that thing,” offers Nengola.
Nengola recalls that her motivations to join the finance industry originated in its innovative nature and the vast opportunities for growth offered by the industry.
The changing landscape of the Namibian finance industry also excites her, especially the gender-representative appointments made at the top level.
“I am very inspired by the fact that four of the top five commercial banks in Namibia are led by female managing directors at the moment, and we also have a woman as Deputy Governor at the Bank of Namibia for the first time in our country’s history.”
Nengola holds a Bachelor of Commerce Degree in Accounting and a Post Graduate Diploma in Accounting (DipAcc), from Rhodes University.
She has seven years’ experience in the financial industry across the fields of auditing and financial reporting. Nengola joined Nedbank Namibia in 2018 as the Regulatory Manager.
In 2020, she earned a promotion as Finance Manager and held that position until her latest advancement as Head of Balance Sheet Management.
