Old Mutual Namibia has announced the appointment of Christoff Bauernschmitt as Head of Broker Distribution within its Personal Finance business, effective 1 November. Bauernschmitt brings nearly three decades of experience in the financial services industry, having built a distinguished career spanning banking, risk management, treasury, corporate credit, investments, and executive leadership. His extensive experience will be crucial in leading the group’s broker distribution strategy.
Bauernschmitt holds a Bachelor of Economics and an Honours degree in Economics from the University of the Free State, as well as a Bachelor of Accounting Science from the University of South Africa. His career includes senior leadership roles at Bank Windhoek, where he served in positions including Head of market risk, senior credit manager, and head of corporate credit. This solid educational and professional foundation has prepared him for his new role.
Most recently, Bauernschmitt served as Head of Alternative Investments at the Old Mutual Investment Group Namibia (OMIGNAM), where he was a member of the executive team and played a key role in the growth of infrastructure, renewable energy, and private market investments in Namibia. His experience in investments and strategic leadership will be valuable in driving sustainable growth across the business.
Announcing the appointment, Otto Makemba, Old Mutual personal finance managing director, highlighted that “Christoff’s appointment represents an important step in strengthening our distribution capability and deepening our partnerships with Namibia’s broker community.” Makemba emphasized that Bauernschmitt’s extensive leadership experience, strong commercial acumen, and deep understanding of the financial services landscape make him well-positioned to lead the broker distribution business.
Makemba further added that “As we continue to focus on delivering exceptional value to customers and intermediaries alike, Christoff’s experience across banking, investments, and strategic leadership will play a significant role in helping us achieve our ambitions.” This underscores the company’s commitment to growth and customer satisfaction.
Commenting on his appointment, Bauernschmitt expressed his honour in taking on this role and excitement about working alongside brokers, advisers, and distribution teams across the country. He emphasized that brokers play a critical role in helping customers make informed financial decisions and looked forward to building on the strong foundations already in place.
Old Mutual has been in business in Namibia for over 100 years and currently has more than 800 employees across the 14 regions. With Bauernschmitt at the helm of broker distribution, the company is poised to further strengthen its presence and offerings in the Namibian market, building on its long history of service.
Key points
- Christoff Bauernschmitt appointed as Head of Broker Distribution at Old Mutual Namibia.
- Bauernschmitt brings nearly three decades of experience in the financial services industry.
- Old Mutual Namibia has over 800 employees across 14 regions, with a history spanning over 100 years.
