Letshego Namibia Chief Executive Officer Ester Kali has been appointed as the new Chairperson of the Bankers’ Association of Namibia (BAN), effective 1 June 2025.
She takes over from Standard Bank Namibia CEO Erwin Tjipuka as part of the association’s annual leadership rotation, traditionally held by the heads of Namibia’s commercial banks.
“This is an exciting time with much to be done.Most importantly, the public can expect continued efforts to build strong relationships and raise awareness from the Association’s perspective. The Letshego team is fully prepared to take on this responsibility, and we are committed to fulfilling the association’s mandate with the support of our members and the Bank of Namibia,” she said.
Speaking at the handover ceremony, Bank of Namibia Deputy Governor Leonie Dunn praised BAN’s contribution to recent regulatory discussions around banking fees and charges—currently under review by the Ministry of Finance.
“While we may not fully agree yet, progress is being made. We understand that banks have a responsibility to their shareholders, and we respect that,” Dunn said.
“Our proposed regulations are based on impact assessments that indicate no significant threat to profit margins. We remain open to further engagement with the banking sector as consultations are expected to commence soon.”
Dunn also stressed the importance of recognising the wider role central banks play in economic development, including contributions to state revenue and efforts to reduce unemployment.
Kali noted the need for collaboration across the financial sector.
“As bankers, we believe the time is right to collectively address challenges and enhance the financial services landscape in Namibia, especially with the renewed focus under the current leadership,” she said.
The Bankers’ Association of Namibia, established in 1997 under the Banking Institutions Act, serves as the official representative body of the country’s commercial banking sector. It provides a platform for banks to discuss common interests, shape policy, and address non-competitive matters affecting the industry.
