Bank Windhoek and the Central Procurement Board of Namibia (CPBN) formalised a strategic partnership on Friday, through the signing of a Memorandum of Understanding (MoU) in Windhoek. 

The collaboration marks a significant milestone in advancing financial wellness-led workplace banking solutions for Namibian organisations and their employees. 

The partnership centres on the expansion of Bank Windhoek’s signature Financial Wellness-Led Workplace Banking initiative, designed to bring banking services directly into the workplace. This initiative aims to make financial services more accessible, personal, and impactful for CPBN employees. 

The MoU was signed by CPBN chief executive officer, Idi Itope, and Bank Windhoek managing director, James Chapman, in the presence of executive committee members from CPBN and Bank Windhoek, representatives from Sanlam Allianz, and staff members from both CPBN and Bank Windhoek. 

“Workplace Banking is a key pillar in our growth and customer value strategy. It enables us to serve clients where they are, understand their needs in real time, and support both employers and employees with financial solutions that contribute to organisational efficiency and individual empowerment,” said Chapman. 

The new partnership will include embedded benefits for CPBN employees and their loved ones. They will receive fiduciary services for peace of mind, personalised financial advisory services, and smart savings and investment options. Most importantly, employees will receive support from dedicated business partners and relationship managers. 

Itope thanked Bank Windhoek for coming on board as a Namibian bank and for its professionalism. He assured CPBN employees that the relationship with Bank Windhoek is one of mutual understanding and that the bank always goes above and beyond to deliver. 

“I can assure you that the bank will deliver on its promise, as a trusted partner,” he said. 

Chapman added that the initiative also incorporates a wellness component, made possible through collaboration with Sanlam Allianz, promoting a holistic approach to employee wellbeing that combines financial health with overall wellness. 

Bank Windhoek expressed gratitude to the CPBN team for their trust and partnership. 

“Your belief in this collaboration affirms that together, we can create value that extends well beyond financial services, value that touches people’s lives, improves productivity, and strengthens financial confidence,” Chapman added. 

He stated that Bank Windhoek remains committed to supporting the CPBN and its employees with professionalism, local insight, and a shared goal of building a stronger, more financially empowered Namibia.