Mercia Geises (born c. 1982), is a Namibian lawyer, banker, businesswoman, and corporate executive, who is the managing director and chief executive officer of Standard Bank Namibia Limited, a commercial bank, whose stock trades on the Namibian Stock Exchange and is a member of the Standard Bank Group, headquartered in South Africa. She took up her present appointment on 1 May 2021.[1][2]

Mercia Geises
Bornc. 1982 (age 41–42)
NationalityNamibian
Alma materUniversity of Namibia
University of the Free State
University of Stellenbosch
Occupation(s)Lawyer, Banker and Corporate Executive
Years activesince 2002
TitleChief executive officer of Standard Bank Namibia Limited

Background and education

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Geises obtained a B Juris from the University of Namibia, as well as a Bachelor of Laws degree and a Master of Laws degree in Mercantile Law, both from the University of the Free State in South Africa. She also holds a Master of Business Administration, awarded by the University of Stellenbosch.[1][2]

Career

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She started her legal career as an associate at Weder, Kruger and Hartmann. She then joined Old Mutual Investment Group Namibia (Pty) Limited where she stayed for 12 years, rising to the rank of CEO.[1][2][3] In 2016, Geises joined the Standard Bank of Namibia and for the next five years, she served as head of Personal and Business Banking (PBB) at Standard Bank Namibia Holdings Limited and as head of PBB at Standard Bank Namibia Limited.[1][2][3]

On 1 May 2021, she took over as CEO at Standard Bank Namibia Limited. She replaced Vetumbuavi Mungunda who stepped down and left the bank on 30 April 2021.[1][2][4] In her new position, Mercia Geises joins three other women in Namibia who head commercial banks. As of May 2021, four of the top five commercial banks in Namibia have female Managing Directors. The banks and their managing directors are illustrated in the table below:[5]

Female CEOs of Namibian Commercial Banks 2021
Rank Bank Managing Director Notes
1 Standard Bank Namibia Mercia Geises [5]
2 Bank Windhoek Baronice Hans [5]
3 Letshego Bank Namibia Ester Kali [5]
4 Nedbank Bank Namibia Martha Murorua [5]

See also

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References

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  1. ^ a b c d e New Era (3 May 2021). "Namibia: Change of Guard At Standard Bank Namibia" (via AllAfrica.com). New Era. Windhoek. Retrieved 8 May 2021.
  2. ^ a b c d e The Namibian (1 December 2020). "Geises to head Standard Bank Nam". The Namibian. Windhoek. Retrieved 8 May 2021.
  3. ^ a b Market Screener (30 April 2021). "Biography of Mercia Geises". Annecy, France: Market Screener. Retrieved 8 May 2021.
  4. ^ Namibian Economist (30 April 2021). "Mercia Geises Takes Reigns As CEO Of Standard Bank Group – End Of An Era For Mungunda". Namibian Economist. Windhoek. Retrieved 8 May 2021.
  5. ^ a b c d e Namibian Economist (9 February 2021). "Central Bank Celebrates Women At the Helm of Commercial Banks". Namibian Economist. Windhoek. Retrieved 8 May 2021.
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