Agribank appoints Dr Raphael Karuaihe as CEO

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The Agricultural Bank of Namibia (Agribank) has appointed Dr Raphael Karuaihe as its new Chief Executive Officer (CEO) with effect from 10 January 2022.

Karuaihe has been the Head of Commodities at the Johannesburg Stock Exchange (JSE) since 2012, where he oversees agricultural and non-agricultural commodities within the Capital Markets Division.

Agribank in a media statement on Thursday said Karuaihe has spent many years in the financial services industry, where he had advised institutional clients on retirement planning, investments and risk management.

He holds a doctorate in Agricultural Economics from Washington State University and replaces Sakaria Nghikembwa, who left Agribank on 31 July 2021.

Source: The Namibian Press Agency