Nedbank takes private wealth to the north, coast

• By Business Reporter

NEDBANK Namibia is embarking on a journey that will see the expansion of its Private Wealth offering to the coastal and northern regions of Namibia.

The person entrusted with this latest development is newly appointed wealth manager: national sales and stockbroking, Johan Möller. Möller who will be responsible for the roll out to areas outside Windhoek and as point of first contact for clients investing through Nedbank’s stockbroking platform.

The reason for this expansion, Möller says, there’s a substantial number of clients outside of Windhoek who will appreciate the bank’s approach and can greatly benefit from the Private Wealth offering.

“We want someone in Walvis Bay, Swakopmund or Oshakati to have access to the same service and advice as our Windhoek based clients. Simply put, we’re following an approach that allows us to join our customers on their journeys to a better future,” he said.

He added that “this can only be done by taking the time to know our clients really well and having discussions on a different level. Because it’s advice-led, we have an opportunity to understand the client’s bigger picture before we offer advice.”

Möller said the expansion of the Private Wealth offering will provide a solution to a historic problem of viewing banking separately from investments, insurance, estate planning and philanthropy ambitions. 

“The reality is that our financial decisions are interconnected and only by following a holistic approach can real value be unlocked. The list of problems we can solve for our clients is endless,” he said.

Möller will be counting on his 14 years financial experience to make sure that the rollout happens smoothly.  He has nine years’ experience in the banking industry and five years exposure to the pension and investment industry.

“I’m most proud of having worked at great companies that contribute to Namibia’s development and the financial security of its people – businesses with a real purpose,” he said.

Apart from the extensive experience that Möller has amassed over the past years, he also has several education qualifications to rely on.

He obtained a Bachelor of Commerce in banking from the University of South Africa and a post-graduate diploma in financial planning through the University of the Free State.

Möller said one of the biggest stumbling blocks in career progression is self-doubt and not taking opportunities.

“The big lesson learnt (from my career) was understanding that each and every person has something positive to contribute and we all have weaker points. Focus on your strengths and don’t let your shortcomings be an obstacle.”

The differentiating factor between applicants entering the job market is no longer a university qualification, he says, but rather qualifications that can address the needs of the banking sector.

He encouraged upcoming professionals in his field to do research and always try to improve their communication and collaboration skills which are tested on a daily basis.

Möller has revealed that he regards Twitter as his preferred social media network site for the importance it plays in providing information.

“Besides all the quality Nedbank provided resources, a platform that I really enjoy is Twitter – it’s free, real-time and used by leading experts to voice their opinions and concerns. By the time you eat breakfast you’ve absorbed so much information,” he said.