FirstRand Namibia Ltd Group Chief Financial Officer and Executive Director Oscar Capelao has resigned with effect from 28 April 2023.
Capelao according to the listed financial services company, is expected to take up a role at the Ministry of Finance and Public Enterprises.
He will become the second high profile executive to join the government department after Titus Ndove, a former Head for Public Sector and Market Intelligence at Standard Bank Namibia, who was appointed Executive Director in the Ministry of Finance last year.
Capelao has served the group for over 16 years in various roles.