Tjivingurura Mbuende
Windhoek, Khomas
Summary
A senior executive with over 14 years of experience within the financial services industry combined with superior leadership skills and business acumen. A demonstrated track record of growing businesses and revenue growth.
An analytical professional with a strong background in financial analysis and risk management. Skilled in strategy execution and business development.
Overview
12
12
years of professional experience
Work History
Executive Corporate & Investment Banking
Nedbank Namibia
11.2021 - Current
- Strategically lead department heads & specialists servicing corporate clients in public, private, specialized property, corporate advisory and investor services on behalf of pension funds and investment managers
- Successfully established and implemented turnaround strategies which resulted in strong financial performance within the first 6 months of tenure
- Oversaw compliance with legislative day to day procedures, internal controls, credit risk & market risk
- Stakeholder relationship management with Government, Non-Governmental Organizations (NGOs), multi-national companies and key industry players within the local economy
- Asset and liability management by ensuring that divisions maintained appropriate funding mix as per strategic deliverables
- Provided strategic leadership in relation to product development, research and market intelligence
- Executive committee and board strategy implementation and tracking
- Strategically managed cross sell initiatives and innovative transactional solutions to corporate and retirement fund clients
- Implemented business wide cultural change and through client centric philosophies and practices
- Strategically managed Nedbank Investor Services (NIS), which provides custodial services on behalf of pension fund clients and investment managers
- Responsible for talent management, diversity, equity and inclusion across departments and segments
- Overseeing the asset and liability matching of the segment and balance sheet management in line with Asset Liability Committee (ALCO) policies
- Built and developed relationships of mutual trust in order to become the first point of call and trusted advisor in the industry
- Strategically managed performance and talent by ensuring the creation and maintenance of high-performance standards and thereby influencing performance culture
- Strategically managed sustainability and Environmental, Social and Governance (ESG) ambitions in line with sustainability policy framework and client objectives
Head: Distribution
STANLIB Namibia
11.2019 - 10.2021
- Strategically established and lead the execution of STANLIB Namibia distribution strategy
- Including optimization management, succession planning and refinement of investment products on behalf of pension fund and institutional clients
- Successfully managed the unit trust regulatory compliance and investment mandates as per retirement fund rules
- Strategically managed internal relationships within investment teams in order to ensure that multi-asset, absolute return and fixed interest products were positioned appropriately to pension funds as per investment policy
- Successfully increased sales and serviced pension fund, corporate and retail segments which resulted in material growth in STANLIB Namibia’s assets under management as well as the Standard Bank Group’s brand
- Successfully provided strategic leadership to the organization and team which resulted in increased retirement fund investment mandates as well as achievement of financial targets
- External stakeholder engagement through representing the company at various investment, pension fund and economic forums by ensuring that house views were clearly articulated and positioned in the market
- Recruited and retained top talent and built a culture of being a consistently engaging employer and a culture of high performance.
Executive Director, Head: Retail Business
Namibia Asset Management
06.2017 - 07.2019
- Responsible for the day to day running of the unit trust business and ensured sound governance and management of the firm
- Strategy formulation of the unit trust business and successfully implemented strategy with the support of internal and external stakeholders
- Product development strategy in conjunction with Coronation Fund Managers on behalf of pension fund clients.
- Distribution strategy for investment platforms and pooled product offering
Head: Public Sector Banking
Standard Bank Namibia
11.2015 - 05.2017
- Responsible for strategic planning, implementation of national sales strategies and financial targets of the Public Sector Banking business unit
- Providing investment solutions and asset finance advice to national government, local authorities, parastatals, foreign missions and NGO’s
- Crafting, implementing and monitoring Public Sector Banking Customer Value Propositions
- Managing the Public Sector team in order to ensure that key performance metrics were met by ensuring a high performance culture
- Responsible for the recruitment, development and retention of relevant skills in order to be in line with the business unit’s strategic imperatives
- Crafted and implemented Public Sector risk appetite in consultation with credit team and various stakeholders
- Liaising with key internal and external stakeholders in order to ensure that clients were provided with appropriate banking solutions
- Managing the bank’s key relationships with Government, Parastatals, and Embassies and selected Non- Governmental Organizations (NGOs)
- Responsible for market intelligence and strategic planning for the business unit as well as succession planning
- Proactively identifying and developing innovative value addition solutions within the bank’s ecosystems
- Monitoring compliance of relevant proposals and submissions with general banking and credit policies and procedures
- Developing liability strategy in consultation with Standard Bank Treasury & Asset & Liability Matching Committee (ALCO).
Chief Operating Officer
Alexander Forbes Investment Namibia Limited
08.2014 - 10.2015
- Responsible for monitoring and implementing investment philosophy of the business on behalf of pension fund clients
- Successfully developed and implemented strategies which resulted in outperformance of business development, revenue and profit targets
- Product development for institutional pension fund clients
- Responsible for the overall management and strategic direction of the business with board support
- Engaging with local and regional stakeholders across the firm in order to carry out the execution of operating plans and managing operational investment risk on behalf of pension fund clients
- In conjunction with the legal team, negotiating mandate agreements with asset management companies
- Assisting with terminating & on boarding investment mandates together with the investment teams
- Stakeholder relationship management with key pension fund clients.
Portfolio Manager
Alexander Forbes Investment Namibia Limited
01.2014 - 01.2015
- Responsible for portfolio reporting and compliance of all funds under the asset management license of the business
- Reviewed and signed off statutory actuarial valuation reports for submission to the regulator NAMFISA
- Due diligence asset managers and crafted multi-manager solutions
- Ensured asset liability targets were met in in conjunction with actuarial model assumptions
- Continually monitoring portfolio performance and comparing them to set benchmarks
- This included but was not limited to attribution analysis and ensuring that funds were invested according to appropriate risk and return parameters as per pension fund investment policies
- Managing relationships with actuarial teams and providing strategic advice that actuaries would incorporate in their asset liability models
- Ensuring that all retirement funds complied with the Pension Fund Act, 1956 (Act No
- 24 of 1956).
Principal Officer
Alexander Forbes Investment Namibia Limited
01.2014 - 01.2015
- Ensuring that all multi-managed pooled portfolios with pension fund investments complied with the Long-term insurance act, 1998 (Act No
- 5 of 1998), subordinate legislation and NAMFISA regulations
- Responsible for reporting and compliance of all multi-managed funds that the firm offered to the Namibian pension fund market
- Reviewed and signed off statutory actuarial valuation reports for regulatory submission.
Business Development Manager (Unit Trusts)
Alexander Forbes Investment Namibia Limited
01.2012 - 01.2014
- Significantly contributed towards institutional and retail assets under management through identifying new business opportunities and successfully managing new business targets
- Initiating cross selling of institutional and retail funds through Alexander Forbes Namibia Group structures
- Market research analysis
- Managing and maintaining customer relationship (CRM) tools
- Reviewing client’s investment strategy and making recommendations when necessary on behalf of pension fund clients
- Provided investment training to trustee boards and other clients when necessary
- Informing the client base on topical investment and economic risks on a regular basis
- Conducting quarterly/bi-annual investment presentation report backs to trustees of pension fund boards, financial advisors and investment committee members
- This included feedback on portfolio construction, positioning, global/local macro-economic environment, market returns and the rationale behind investment returns
- Marketing the company’s product range to employee benefit consultants, Independant Financial Advisors (IFAs) and key decision makers at corporate institutions
- Building long term relationships with internal and external stakeholders.
Education
Master of Arts - Economics
New School University
New York City12.2010
Bachelor of Business - Corporate Finance & Marketing
University of Technology, Sydney
Sydney, Australia12.2009
Skills
- Microsoft Excel
- Microsoft Word
- Microsoft Power Point
- Comparable company analysis
- Credit analysis
- Valuation Techniques
Birth Place
Lund, Sweden
Primary Education Location
Lund, Sweden
Secondary Education Location
Windhoek International School, Namibia
Highest Qualification
Master of Arts in Economics
Highest Qualification Location
New York City, USA
Bachelor Degree
Bachelor of Business
Bachelor Degree Location
Sydney, Australia
Id
82060211317
Personal Information
- Date of Birth: 02/06/82
- Nationality: Namibian
References
- Honourable Professor Peter Katjavivi, Speaker of the National Assembly of The Republic of Namibia, 061-2889111, 081-122-5494, p.katjavivi@parliament.gov.na
- Mr. Bryan Hoveka, Managing Director, Multi-Wealth Management Pty (Ltd), 061-418524, 081-124-2586, hovekab@multiwealth.com.na
Languages
English
Native language
Swedish
Intermediate
B1
Timeline
Executive Corporate & Investment Banking
Nedbank Namibia
11.2021 - Current
Head: Distribution
STANLIB Namibia
11.2019 - 10.2021
Executive Director, Head: Retail Business
Namibia Asset Management
06.2017 - 07.2019
Head: Public Sector Banking
Standard Bank Namibia
11.2015 - 05.2017
Chief Operating Officer
Alexander Forbes Investment Namibia Limited
08.2014 - 10.2015
Portfolio Manager
Alexander Forbes Investment Namibia Limited
01.2014 - 01.2015
Principal Officer
Alexander Forbes Investment Namibia Limited
01.2014 - 01.2015
Business Development Manager (Unit Trusts)
Alexander Forbes Investment Namibia Limited
01.2012 - 01.2014
Master of Arts - Economics
New School University
Bachelor of Business - Corporate Finance & Marketing
University of Technology, Sydney
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