Hans assumes BAN chairmanship
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24 March 2017
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Bank Windhoek’s Managing Director, Baronice Hans, has been appointed as the new Chairperson of the Bankers Association of Namibia.

Her one year appointment is effective from 1 April.

Hans becomes the first woman to be appointed as BAN chairperson, taking over from Tawanda Mumvuma, who was recently relieved of his duties as the Chief Executive Officer of SME Bank.

Mvumvuma, along with two other senior executives at SME Bank, were axed by the Bank of Namibia for their direct involvement in the authorisation of the ‘unsound’ investments at the lending institution.

The central bank has since taken over the operations of the bank.

Hans, who has a career in banking that spans more than eight years, has been an active member of BAN since last year when she was appointed as Bank Windhoek MD.

“We are very pleased to receive this prestigious honour to chair and drive the mandate of BAN for the next year. I look forward to leading the BAN Council as chairperson and to work more closely with the CEOs of the banks to address non-competitive issues of common interest,” Hans said in a statement.

“I would like to thank SME Bank for their efforts over the past year; the foundation laid so far will ensure that we keep building the sector together.”

Bank Windhoek will also chair the various sub committees forming part of the BAN structure including credit, treasury, human resource, accounting and tax compliance, legal, IT, operational and public relations.

The Bankers Association of Namibia was established in 1997, in accordance with the Banking Institutions Act, as the representative trade association for the commercial banking sector in the country.

BAN acts as a medium for communication with Government, the Bank of Namibia as regulator, and other public bodies and authorities, by engaging with them on matters affecting the different activities of banks.

 

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