Home Africa Namibia: FNB bosses pocket N$17.5m as bank profit hits N$1.9b – News

Namibia: FNB bosses pocket N$17.5m as bank profit hits N$1.9b – News

Namibia: FNB bosses pocket N.5m as bank profit hits N.9b – News

Africa Links 24 with Shania Lazarus
Published on 2025-09-17 15:00:00

Firstrand Namibia Group, which owns First National Bank (FNB) Namibia, paid its chief executive officer (CEO) and chief financial officer (CFO) N$17.5 million for the year ended on 30 June.

Annual financial results released last week show that CEO Conrad Dempsey’s total remuneration package, including long-term incentives, stood at N$13.4 million, while CFO Lizette Smit got N$4.1 million.

Both executives saw a decline in their total remuneration, but an increase in their guaranteed…

Read the Full article on The Namibian

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