Nedbank Namibia has appointed
Main, who joined
Before his promotion, Main worked as Head of Treasury Funding and his duties included managing the bank's liquidity, cost of funding, excess liquid assets, as well as managing regulatory and bank limits. His duties have included formulating strategies to achieve the bank's targets and overseeing wholesale investor relationships.
Main says he applied for the position because it relates to his work experience in financial markets. When he joined
Commenting on the overview of his responsibilities as Executive:
Main expressed that the industry does face challenges, including issues concerning regulation, stating that the cost of regulation in the financial sector is necessary. Regulations are there to protect the financial stability of the system, as well as the bank and its clients.
"I feel that the pandemic fast-tracked the development of digital channels, so in my opinion technology has not really disrupted the banking industry but has helped improve efficiency in the sector. If the pandemic has taught us anything, it should be that you must be adaptive to a rapidly changing business environment."
Main feels that there has been a lack of investment in sustainable development in recent years; however, notes that the country's economic challenges and investments in green schemes are getting more attention. He believes the future of
"I think in a corporate space it would be pleasant to see other companies coming to the party in terms of their carbon footprint.
Main's views are aligned to those of
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