Job Expired

To lead and drive the overall strategic, financial, and operational performance of Liberty Life Namibia by delivering sustainable growth, ensuring robust governance and compliance, and building a high-performing, data-enabled, customer-centric organisation aligned to Group objectives.

Job Summary

Type: full-time
Location: Windhoek
Category: Management
Closing Date: 2026-08-28

Key Responsibilities

Lead and execute the strategic direction of Liberty Life Namibia, ensuring alignment with Group objectives and sustainable business growth.
Hold full accountability for financial performance, including profit and loss, revenue growth, and cost management.
Drive the formulation and implementation of forward-looking business models and transformation initiatives.
Drive digital transformation, innovation and data-enabled decision-making across the organisation, building digital awareness and capability to enhance customer experience, operational efficiency and business growth.
Provide executive leadership to the organisation, building a high-performance culture and capable leadership team.
Oversee organisational design and performance management frameworks to ensure operational effectiveness.
Ensure strong corporate governance, regulatory compliance, and ethical business practices.
Act as the primary interface with the Board, regulators (NAMFISA), and key external stakeholders.
Build and maintain strategic relationships to enhance market position and stakeholder confidence.
Champion customer-centricty and innovation across all business operations.
Promote and uphold the Liberty brand, values, and reputation in the market.

Requirements

3-year Bachelor’s Degree in Business, a Chartered Accountant designation or equivalent, Master of Business Administration would be an advantage.
10 years’ experience in a similar environment, of which 3 – 5 years should be Executive Management experience in a life insurance or pension fund environment.

Salary

Not specified

How to Apply

Apply by email: [email protected]

Frequently Asked Questions

What qualifications and certifications are typically required for a Managing Director role in Namibia's banking sector?

A Master's degree in Business Administration, Finance, or a related field is commonly expected, along with professional certifications such as the Certified Banker (CBP) from the Bankers Association of Namibia (BAN) or international equivalents like ACIB. Senior leadership experience in financial services — ideally within Southern Africa — and registration with the Bank of Namibia as a fit-and-proper person are mandatory prerequisites.

What does a typical day look like for a Managing Director at a bank group in Namibia?

The role involves strategic oversight of operations, regulatory compliance reporting to the Bank of Namibia and Namibian Financial Institutions Supervisory Authority (NAMFISA), and stakeholder engagement with local boards, government agencies, and community partners. Day-to-day duties include reviewing financial performance against Namibian regulatory benchmarks, leading senior management meetings, and representing the institution at national forums such as the Namibia Chamber of Commerce and Industry (NCCI).

How does Namibian work culture influence expectations for a Managing Director in banking?

Respect for hierarchy, consensus-driven decision-making, and strong emphasis on relationship-building with local communities and regulators are central to Namibian corporate culture. Managing Directors are expected to demonstrate visible commitment to national development goals — such as Vision 2030 and the Harambee Prosperity Plan — and uphold principles of transformation, including meaningful Broad-Based Black Economic Empowerment (BBBEE) alignment in leadership and procurement.

What realistic career progression paths exist after serving as Managing Director of a bank group in Namibia?

Many transition into non-executive board roles across Namibian financial institutions, state-owned enterprises, or regional bodies like the Southern African Development Community (SADC) Financial Sector Regulatory Council. Others pursue advisory positions with the Ministry of Finance, the Bank of Namibia, or international development partners active in Namibia — such as the World Bank or AfDB — leveraging deep local regulatory and economic context.

What benefits are typically offered to senior executives like Managing Directors in Namibian banks?

Standard packages include 30 days’ annual leave, comprehensive medical aid through Namibian providers (e.g., MTC Health or NAMAF), and pension contributions aligned with the Namibian Pension Funds Act. Additional benefits often include housing allowances, company vehicles with fuel, and executive risk insurance — all structured to comply with Namibian tax regulations and BAN guidelines on remuneration disclosure.

How should I apply for a Managing Director role in Namibia, and what do employers specifically look for?

Applications must be submitted via official channels — usually through the bank’s website or executive search firms registered with the Namibian Investment Promotion and Development Board (NIPDB). Employers prioritise proven track record in Namibian or SADC financial regulation, demonstrable BBBEE contribution, fluency in English plus at least one local language, and evidence of ethical leadership verified through references and Bank of Namibia fit-and-proper assessments.

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