WINDHOEK; First National Bank (FNB) Namibia Group Chief Executive Officer (CEO) Advocate Vekuii Rukoro has resigned.
The chairperson of the FNB Namibia Board, Claus Hinrichsen announced in a media statement on Monday that the CEO, director and employee of the FNB Group has decided to go on early retirement effective from 28 February 2013 due to personal reasons.
“A final agreement was reached with the board of directors at the Board meeting on 31 January 2013. With this agreement comes an end to a seven-year term at FNB as its highest leader,” explained Hinrichsen.
Rukoro, who has served the bank since 2006, was quoted in the media statement as saying his time with FNB was ‘the most amazing, the most enjoyable, the most satisfying, the most beautiful and the most memorable seven years’ of his corporate life.
The statement said upon reflection, the advocate remembered that during his first speech to the bank’s executive committee on 01 March 2006 when he joined the FNB Group, he said: “FNB is a good company, but with your help I want to turn it into a great company by the time I leave”.
At the end of December last year, an independent media survey declared FNB Namibia the ‘top company’ and ‘top executive’, respectively.
Hinrichsen said the board appreciates the tremendous contribution made by Advocate Rukoro, both as a leader and businessman, adding that the Board can only thank him for his loyal and dedicated service to FNB Namibia, its staff and clients.
Rukoro is, amongst other things, also chairperson of the President’s Economic Advisory Council.
In 1992, he was admitted as an advocate of the Windhoek High Court, and also worked as a legal intern at the Washington Human Rights’ Law Group in 1987.
He served as Assistant Legal Advisor at the United Nations (UN) in New York before he was appointed as Deputy Minister of Justice, a position he served in from 1995 to 2000.
Rukoro worked as CEO of Sanlam Namibia from 2000 to 2006 before he took up his position at FNB.
He also served as chairperson and Board member in several organisations.