Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Ashburton Investments added to FNB stable

Home International Ashburton Investments added to FNB stable

Staff Reporter

Windhoek-FNB Namibia Holdings officially launched Ashburton Investments on Wednesday and introduced Josephat Mwatotele as the CEO.

Mwatotele expressed his excitement about heading the new addition to the FNB Namibia stable: “The introduction of Ashburton Investments in the Namibian market allows us to offer our local clients access to broader investment product options and a greater reach through an extensive distribution network of the group. We are also able to localise decision-making with our specialist technical skills base, and have a larger resource base to call on in terms of research, product development and capital to drive new product innovation.”

He added that this significant investment by FNB Namibia Holdings demonstrated the group’s commitment to the Namibian economy, as clients now have access to a much wider investment choice which could be customised based on local conditions and client requirements.

“We are also excited about the new generation asset management driven by product innovation, quality research and highly skilled technical teams, with a particular focus on alternative asset management and our thorough understanding and deep insights of the local environment in which we operate to cater to our clients’ unique requirements. We seek to remain locally relevant with an international outlook to offer only the best products, services, and solutions to our clients.”

Sarel van Zyl, CEO of FNB Namibia Holdings, called the launch of Ashburton Investments “the fusing of a vision between Ashburton, the FNB Group, and Pointbreak – an exciting and historic occasion and a move which we believe is to the advantage not only of existing Pointbreak investors, but also all new future clients of Ashburton, who will now receive access to the wider range of investment products and financial services offered by our group.”

He added that the acquisition of the Pointbreak group enriched the newly formed Ashburton Investments in Namibia with local skills and expertise. “Together with Pointbreak Wealth management, we are now the most comprehensive financial services solutions group in Namibia. I believe we have the best team to deliver to this promise. Our clients are the reason for our existence, and this expansion gives us the ability to expand our thinking by adding their vision to ours.”