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Namibia’s New Banking Order: A Market-Entry Guide for Financial Institutions

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Ian Petherbridge
Consultant Attorney

Namibia’s financial regulatory framework has changed substantially over the past three years.

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A Boardroom Checklist

The following questions provide a practical review of the governance framework.

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Building an Effective Board

A governance framework cannot compensate for a board that lacks the capacity or discipline to use it.

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Board Committees

Committees allow closer attention to specialised areas of oversight.

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Accountability and Personal Exposure

A directorship may end through resignation, expiry of a term, disqualification or removal.

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Board Decisions and the Corporate Record

A board decision begins before the meeting.

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Directors’ Duties and Business Judgement

Appointment to a board gives a director access to the company’s authority and information.

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