Bank Windhoek, CPBN sign wellness MoU
Bank Windhoek and the Central Procurement Board of Namibia (CPBN) last Friday formalised a partnership through the signing of a Memorandum of Understanding (MoU) in Windhoek. This collaboration marks a milestone in advancing financial wellness-led workplace banking solutions for Namibian organisations and their employees.The MoU was signed by CPBN chief executive Idi Itope and Bank Windhoek MD James Chapman in the presence of executive committee and staff members from both organisations as well as representatives from Sanlam Allianz.
The partnership focuses 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.
“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 said.
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 the bank for its professionalism. He assured employees that the relationship with Bank Windhoek is based on mutual understanding and that the bank consistently 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.