Monday, January 30, 2023
  • About
  • Advertise
  • Privacy Policy
  • Cookie Policy
  • Contact
  • Subscribe
  • E-edition
  • Login
  • Register
  • Home
  • News
  • Economy
  • Columns
  • Companies & Markets
  • In Business With
  • Lifestyle
    • Motoring
  • Sports
    Debswana sponsors BFA’s National First Division League with P3.9m 

    Debswana sponsors BFA’s National First Division League with P3.9m 

    Ditlhokwe Tipped to Excel at Kaizer Chiefs

    Ditlhokwe Tipped to Excel at Kaizer Chiefs

    BCF Aims to Resuscitate Chess this Year

    BCF Aims to Resuscitate Chess this Year

    Tebogo’s Move to US on Hold

    “Don’t Panic,” Tebogo is advised as He Transits to Senior Level

    NSAs decry Absence of School Sports 

    NSAs decry Absence of School Sports 

    BCF fails to send Team to Continental Schools Chess Champs

    BCF fails to send Team to Continental Schools Chess Champs

    Trending Tags

    • Subscribe
    No Result
    View All Result
    • Home
    • News
    • Economy
    • Columns
    • Companies & Markets
    • In Business With
    • Lifestyle
      • Motoring
    • Sports
      Debswana sponsors BFA’s National First Division League with P3.9m 

      Debswana sponsors BFA’s National First Division League with P3.9m 

      Ditlhokwe Tipped to Excel at Kaizer Chiefs

      Ditlhokwe Tipped to Excel at Kaizer Chiefs

      BCF Aims to Resuscitate Chess this Year

      BCF Aims to Resuscitate Chess this Year

      Tebogo’s Move to US on Hold

      “Don’t Panic,” Tebogo is advised as He Transits to Senior Level

      NSAs decry Absence of School Sports 

      NSAs decry Absence of School Sports 

      BCF fails to send Team to Continental Schools Chess Champs

      BCF fails to send Team to Continental Schools Chess Champs

      Trending Tags

      • Subscribe
      No Result
      View All Result
      The Business Weekly & Review
      No Result
      View All Result
      Home In Business With

      Bank Gaborone MD takes over as BAB chair

      Completion of electronic Know Your Customer (KYC) system for all banks is a key objective of the new BAB chairman Sybrand Coetzee, who also is Managing Director (MD) of Bank Gaborone. He spoke to The Business Weekly & Review STAFF WRITERS.

      mm by Staff Writer
      October 7, 2021
      in In Business With
      0
      Bank Gaborone MD takes over as BAB chair
      Share on FacebookShare on Twitter

      Q: What is your vision or key areas that you aim to achieve during your tenure as Chairman of the Banking Association of Botswana?

      A: My term as Chairman will be focused on consolidating the value proposition of the Bankers’ Association to its members, its institutional stakeholders and to the public. Membership and stakeholder value will be achieved through successful completion of a number of projects, among which are Phase II of the electronic KYC system, facilitation of a validation service of Online Reference Numbers (ORNs) for BURS tax payments, as well as proactive participation in the National Retail Payment Switch Project led by the Bank of Botswana.

      With regard to matters of public interest, I will endeavour to ensure visibility of the Association through articulation of information about the industry and its operations. It is critical that we continue introducing frameworks that support Batswana, particularly during this season where we are fighting a pandemic.

       Bank Gaborone has of recent introduced a mobile banking app and cash deposit facility at its ATMs to enable mobile banking, a move that has been adopted by other banks to ensure that banking is available on digital platforms for customer convenience.

       Q: How do you plan to position the Association for addressing issues of financial inclusion, particularly for marginalised communities, as well as issues of maintenance and service fees by banks?

       A: Matters of financial inclusion form an integral part of BAB’s operational activities. As you may recall, the Association has over the past years hosted its flagship “Banking and Wealth Exposition” which was very successful. That was followed by a financial literacy quiz called “On the Money” which was broadcast on BTV. The BAB is committed to organising these and similar events on a regular basis. A second banking and wealth exposition would have been organised in 2020. I also need to mention that the financial literacy objective remains an integral footprint in most of the externally oriented activities of the Association.

      Q: Coming in as the new Chairperson, how are you fitting in regarding the mandate of the Association?

       A: As the new Chairman coming into the BAB in the middle of a pandemic, I expect there will be challenges and opportunities for strategic alliances to enable all banks to improve the banking sector. Bank Gaborone has taken an opportunity to adopt a more agile approach to banking as we introduce branches of the future, a reality for all the local banks to improve service delivery. As we forge through the digital transformation era, it is critical that the Association’s apex body, which is the BAB Council, operates in an organised fashion. We shall continue holding regular meetings to make strategic decisions and guide activities of the BAB Secretariat. To that extent, there will be no radical changes in the BAB’s raison d’etrer as a result of change in the chairmanship.

       Handover formalities between the outgoing Chairman and myself, which has already started, will undoubtedly be smooth. I must also emphasise that the BAB Secretariat is playing a very instrumental role in ensuring a smooth handover between chairmanship transitions. As the BAB, our strength is centred around engagement and collaboration.

      Q: Please give an update about the other members of the committee and what are you expecting from them?

      A: Membership of the Bankers’ Association comprises all the nine private commercial banks licensed by the Bank of Botswana. I expect my colleagues in the BAB Council to continue supporting me in steering the Association towards its service quality, particularly in ensuring that the Botswana payments system remains operationally sound and efficient. I will also be looking forward to the usual support of BAB members in continuing the legacy of cordial and constructive engagements with the industry regulators and other government agencies.

      Tags: BAnk GaboroneBanking Association of Botswana

      Navigation

      • Home
      • News
      • Economy
      • Columns
      • Companies & Markets
      • In Business With
      • Lifestyle
        • Motoring
      • Sports
      • Subscribe

      Recent News

      • Debswana sponsors BFA’s National First Division League with P3.9m 
      • January 27 2023 Edition
      • Proposed Law to Tighten the Screws on Banks 
      • David Van Niekerk appeals after losing interdiction case 
      • Ditlhokwe Tipped to Excel at Kaizer Chiefs

      Site

      • About
      • Advertise
      • Privacy Policy
      • Cookie Policy
      • Contact
      • Subscribe
      • E-edition

      © 2021 The Business Weekly & Review. All Rights Reserved.

      No Result
      View All Result
      • Home
      • News
      • Economy
      • Columns
      • Companies & Markets
      • In Business With
      • Lifestyle
        • Motoring
      • Sports
      • Subscribe

      © 2021 The Business Weekly & Review. All Rights Reserved.

      Welcome Back!

      Login to your account below

      Forgotten Password? Sign Up

      Create New Account!

      Fill the forms below to register

      All fields are required. Log In

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
      Are you sure want to unlock this post?
      Unlock left : 0
      Are you sure want to cancel subscription?