Standard Bank Namibia Holdings has announced the appointment of Elizabeth du Toit as acting chief financial officer (CFO) from 18 August.
Du Toit, who is currently the listed company’s head of financial accounting, has received regulatory approval of her appointment, which will last six months.
The appointment follows the resignation of Letitia du Plessis in May.
“In reference to the related announcement issued on 12 May, notifying shareholders that the company had initiated the recruitment process for the CFO position, subject to regulatory approval, the appointment of Elizabeth du Toit now fulfils this role on an interim basis,” the banking group says.
Moreover, Nelson Lucas has been serving as the bank’s acting chief executive since 24 May.
This appointment is also valid for six months in response to the unexpected resignation of Mercia Geises.
Lucas is also the head of corporate and investment banking. – The Brief
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