Bank Windhoek’s Managing Director, Baronice Hans has taken over the rotational Chairpersonship role of the Bankers Association of Namibia (BAN).
Hans takes over from Nedbank Namibia Managing Director, Martha Murorua, the position which rotates annually amongst the Managing Directors of the current five commercial banks in Namibia.
Hans said that one of the ongoing challenges that will need to be addressed during the next 12 months is to clarify the role of the banking sector to the public and the relevant stakeholders.
“Information empowers people and allows them to make better choices. We need to make a concerted effort to ensure that our society has a better understanding of banking, especially financial discipline and the productive use of debt,” she said.
The Bankers’ Association of Namibia was established in 1997, following the Banking Institutions Act, as the representative trade association for the commercial banking sector in the country.
Its overarching objective is to provide a forum for considering policy matters impacting the Namibian banking industry and for member banks to discuss common concerns and issues.
Through the BAN, members deal with non-competitive matters of common interest and significance to Namibia’s banking industry.
“Bank Windhoek looks forward to working with the industry over the next 12 months to ensure that together we achieve our set objectives as per the BAN strategy,” Hans said.
