The Old Mutual Investment Group Namibia has appointed Esther Akweenda as its new business development manager for retail. This strategic appointment aims to expand the company's presence in Namibia's retail investment market and strengthen relationships with independent financial advisers, brokers, and investment platforms. With approximately N$64 billion in assets under management, Old Mutual Investment Group Namibia combines substantial investment scale with a strong local investment capability.
Old Mutual Investment Group Namibia's investment capability is underpinned by a team of local portfolio managers, with portfolio construction and investment decision-making taking place in Namibia. The company's substantial investment capability is available to Namibian investors, and the appointment of Akweenda is an important part of bringing this capability closer to independent advisers and platforms.
In her new role, Akweenda will drive retail distribution through the Old Mutual Unit Trust business. According to Rex Mutelo, business development executive at Old Mutual Investment Group Namibia, the appointment reflects the organisation's commitment to building a stronger and more growth-focused retail business. The company sees a significant opportunity to bring its investment capabilities to a broader retail audience.
Akweenda joins Old Mutual Investment Group Namibia from within the Old Mutual Group. She previously worked as a Personal Financial Adviser before moving into a Broker Consultant role in 2023. Akweenda holds a Bachelor of Business Administration Honours degree in Strategic Marketing and Strategic Human Resource Management, as well as a Diploma in Local Government Studies from the University of Namibia.
Commenting on her appointment, Akweenda expressed her excitement to contribute to Old Mutual Investment Group Namibia's next phase of growth. Her focus will be on building close working relationships with distribution partners and expanding awareness of the company's investment offering.
With her experience and qualifications, Akweenda is well-positioned to drive growth and expand Old Mutual Investment Group Namibia's presence in the retail investment market. The company's commitment to building a stronger retail business is reflected in its strategic appointments and focus on local investment capability.
The appointment of Akweenda is a significant move for Old Mutual Investment Group Namibia as it continues to strengthen its position in the market. The company's assets under management and local investment capability make it a substantial player in Namibia's investment landscape.
Key points
- Old Mutual Investment Group Namibia appoints Esther Akweenda as business development manager to drive retail distribution.
- The company has approximately N$64 billion in assets under management and a strong local investment capability.
- Akweenda's appointment reflects Old Mutual Investment Group Namibia's commitment to building a stronger and more growth-focused retail business.
