Urib to head STANLIB and Charter Life

STANLIB Namibia and Charter Life Namibia have announced the launch of a new, significantly strengthened and combined business with the mission of securing strategic growth in Namibia’s rapidly developing financial services market.

Haroldt Urib, a former Namibian diplomat and adviser to the president of the UN General Assembly, has been appointed Managing Director of the expanded business. The newly created structure integrates the asset management and product development operations of Stanlib Namibia with the management and administrative capabilities of Stanlib Unit Trusts and the risk business of Charter Life Namibia.This affords customers a one-stop shop for all their financial needs, allowing them to benefit from the full wealth product offering.Urib commented, “The restructure creates an integrated wealth company capable of creating comprehensive solutions for the savers and investors of Namibia.There is no artificial separation of financial products.We can mobilise a wide array of resources to deliver optimum client solutions.”Most significantly, this business model enables us to fully utilise local talent on a mission to nurture and grow the wealth of individual Namibians, retirement fund and corporate institutions in the vibrant economy.”Since 1990, I have dedicated myself fully to the national development of Namibia.I thus see these structures – rooted in a solid, indigenous base – as a tool for taking this work forward in the strategically important financial services sector.Capital market development and national development are closely aligned,” says Urib.After diplomatic service in the USA, Urib led the Washington-based marketing consultancy, Emerging South, Inc as Chief Executive Officer.The newly created structure integrates the asset management and product development operations of Stanlib Namibia with the management and administrative capabilities of Stanlib Unit Trusts and the risk business of Charter Life Namibia.This affords customers a one-stop shop for all their financial needs, allowing them to benefit from the full wealth product offering.Urib commented, “The restructure creates an integrated wealth company capable of creating comprehensive solutions for the savers and investors of Namibia.There is no artificial separation of financial products.We can mobilise a wide array of resources to deliver optimum client solutions.”Most significantly, this business model enables us to fully utilise local talent on a mission to nurture and grow the wealth of individual Namibians, retirement fund and corporate institutions in the vibrant economy.”Since 1990, I have dedicated myself fully to the national development of Namibia.I thus see these structures – rooted in a solid, indigenous base – as a tool for taking this work forward in the strategically important financial services sector.Capital market development and national development are closely aligned,” says Urib.After diplomatic service in the USA, Urib led the Washington-based marketing consultancy, Emerging South, Inc as Chief Executive Officer.