Erwin Tjipuka has been appointed as Chief Executive of Standard Bank Namibia Holdings (SBN) and Standard Bank Namibia Limited, with effect from the 1st of October 2023.
He replaces Mercia Geises, who resigned from the group, and takes over from the Head of Corporate and Investment Banking, Nelson Lucas, who has been serving as Acting Chief Executive since 24 May 2023.
Tjipuka is currently the CEO of FNB Namibia and recently took over the reins as Chairperson of the Bankers’ Association of Namibia (BAN).
Tjipuka joined FNB in 2019 from Deloitte Namibia, where he was the Managing Director, and holds a master’s degree in business administration from the Maastricht School of Management in The Netherlands, as well as a Bachelor of Commerce from the University of Namibia and a post-graduate diploma in accountancy from the University of Cape Town.
Tjipuka’s appointment will be ratified by the group’s shareholders at the next Annual General Meeting.
Standard Bank is also in the hunt for a substantive Chief Financial Officer (CFO), having appointed Elizabeth du Toit in an acting capacity last month following the resignation of Letitia du Plessis in May.
