Shivute appointed as Bank Windhoek sales, bancassurance executive officer

Bank Windhoek's managing director Baronice Hans last week announced the appointment of Saara Shivute as the bank’s executive officer of

sales and bancassurance, effective 1 June.

Since joining in 2018 as head of specialist finance, Shivute has been instrumental in driving Bank Windhoek's success as part of its growth strategic pillar, Hans said.

As the sales and bancassurance executive officer, she will foster the expansion of the bank's customer base by overseeing and executing its sales strategy and spearheading the promotion of insurance products, and wills and estates.

“Her high level of commitment and translation of strategy into business value has significantly contributed to our overall growth and success. Under her leadership, the specialist finance division achieved exponential growth, making us the market leaders in installment sales and leases and elevating our position in the residential mortgages market to second largest in the industry,” the managing director noted.

Shivute holds a bachelor of economics and an honours degree in business management. Her extensive experience in leadership roles within the

banking, micro-lending, telecommunications and power industries has equipped her with a comprehensive understanding of various sectors. Hans added that Shivute has effectively leveraged this knowledge to drive talent and business growth. Since 2022, she has also served as a non-executive director on the board of Welwitschia Insurance Brokers.

Hans concluded by congratulating Shivute on her appointment. “We are confident that she will continue to drive success in her new role."