Capricorn Private Wealth has appointed Elize Smith as its new head from 1 May.
This comes as the business says it seeks to strengthen growth and expand its private wealth offering.
Smith brings more than 35 years’ experience in the banking and financial services industry and will oversee the company’s strategy focused on profitability and client-centred wealth management services.
She began her career at Standard Bank Namibia, where she held several senior positions, including becoming the first business banking manager for the coastal area before later serving as Swakopmund branch manager.
Smith later worked as financial manager at Siemens South Africa before joining Bank Windhoek as an account executive.
Since joining First National Bank Namibia in 2011, she has played a key role in establishing and leading the bank’s private clients and private wealth divisions.
“Her appointment reinforces our commitment to delivering a boutique, client-focused experience while driving sustainable profitability and strategic growth across Capricorn Private Wealth,” the company says.
In her new role, Smith will focus on profitability, client experience, strategic growth initiatives and strengthening the company’s position within Namibia’s private wealth banking sector.
Smith has also received several chief executive officer awards during her career and completed management development and senior management development programmes at Stellenbosch University.
Capricorn Private Wealth is a joint offering of Bank Windhoek and Capricorn Asset Management, both part of the Capricorn Group.
According to Capricorn Private Wealth, the divisions recorded significant growth under Smith’s leadership, driven by a customer-focused strategy and service delivery approach.
Bank Windhoek executive officer of business banking and acting executive officer of retail banking services Leon Koch says Smith’s appointment strengthens the company’s private wealth strategy. – The Brief
