Windhoek: First National Bank of Namibia (FNB) has announced the appointments of Ziggy Muinjo and Carpio Minnaar as its new Investment Head and Head of Operations, respectively.

According to Namibia Press Agency, the bank highlighted that Muinjo is a seasoned investment professional with over 10 years of experience in Namibia’s financial sector, having held senior positions at the Government Institutions Pension Fund (GIPF), Rand Merchant Bank (RMB Namibia), and the Motor Vehicle Accident Fund (MVA Fund).

‘I am excited to join FNB Namibia, a bank that continues to lead with innovation in the financial sector. Through a combination of technical expertise and leadership experience, I remain committed to strengthening Namibia’s investment landscape by building efficient, inclusive, and impactful financial solutions.’ Muinjo said.

In his new role, Muinjo will be responsible for developing and executing retail investment strategies, overseeing the design of client-focused investment products, and implementing pricing structures that promote sustainable deposit growth.

Meanwhile, Minnaar brings more than 15 years of experience in strategic business optimisation, operations leadership, and regulatory compliance, with a strong background in the banking, ICT, and telecommunications sectors.

His professional background, the statement reads, includes senior and executive roles at Mobile Telecommunications Company (MTC), Nedbank Namibia, and MTN Business Solutions.

‘FNB Namibia is at an exciting time in its growth journey. I look forward to leveraging my industry experience to help drive operational excellence and support the Bank’s commitment to delivering inclusive and customer-centric financial solutions,’ he said.

Minnaar’s role will centre on driving operational efficiency, ensuring data integrity, managing risk, supporting product innovation, maintaining compliance, and elevating customer and employee experiences.