Vetumbuavi Mungunda

28 Nov

Standard Bank appoints new CE

ObserverUncategorisedMercia Geises, new Chief Executive., Vetumbuavi Mungunda

Staff Writer SBN Holdings Limited, the Namibia Stock Exchange-listed holdings company of local bank, Standard Bank Namibia Limited, has appointed its Head of Personal and Business Banking, Mercia Geises, as its new Chief Executive. Mercia Geises will take over from current Chief Executive Vetumbuavi Mungunda with effect from 1 May 2021. “The Board is excited at the appointment of Mercia to lead us into an exciting new future following a well-planned and well-executed leadership management and succession programme, which, inter alia, is a demonstration of Standard Bank’s relentless commitment to growing our people and creating Namibian leaders. The success of…

Mungunda to exit Standard Bank

ObserverUncategorisedSBN Holdings, Standard Bank Namibia, Vetumbuavi Mungunda

Staff Writer SBN Holdings and Standard Bank Namibia have announced that Vetumbuavi Mungunda has given notice of his intention to step down as Chief Executive with effect from 1 May 2021. The listed banking group said the advance notice will allow for a well-planned, smooth transition process and sufficient time for a suitable candidate to be found “This will help to ensure that our valued clients and our operations are not impacted by the change in leadership. The Board will commence a process to appoint a successor to Mr. Mungunda and a further announcement will be made in due course,”…