Isaacs to head Transactional Products and Liabilities within the Personal Banking Department

Standard Bank recently appointed Sumaiyyah Isaacs as the new Head of Transactional Products and Liabilities within the Personal and Business Banking Department.

In her new role, Isaacs is responsible for the utmost use of the total value of all liabilities in alignment with specific market needs such as establishing pricing and performing revenue assurance within the
Personal and Business Banking Department.

Being a goal oriented individual with high motivations for overcoming obstacles, Isaacs finds joy in seeing her tasks bear fruit with a task and purpose approach that she says is a mainstay of her character.“Hence the reason I believe that I will successfully execute the requirements of my new role as well as contribute positively to the vision of Standard Bank Namibia,” said Isaacs when asked about her latest appointment.

She currently holds a Bachelors degree of Accounting from the University of Namibia, obtained in 2005, a Management Development Programme certificate from the University of Stellenbosch in South Africa and an Investment Foundations Certificate from the CFA Institute, both obtained in 2016.

Before joining Standard Bank, Isaacs worked as the Operations Manager at Old Mutual Investment Group Namibia and Old Mutual Unit Trust Namibia, where her responsibilities included the monitoring of Service Level Agreements. The maintaining off error logs, back office supervision in terms of daily operations and staff, supervising the finance function in the Alternative Investment space, managing and monitoring management actions arising from Group Internal Audit and ensuring no failures occurred.

Further duties included mandate management, setting up of new Unit Trust Funds duties, as well as monitoring including Risk and Compliance duties. She also served as a Financial Accountant at Old Mutual Investment Group Namibia, where she was responsible for bookkeeping up to trial balance, completion/submission of VAT returns, supervising the Back Office and Alternative Investment finance function.

Isaacs describes herself as highly driven to meet and exceed her key performance areas, as an opportunity to start relationships and to share ideas and opinions to further the achievements and strategic objectives of the Personal and Business Banking Department.

Isaacs officially joined Standard Bank Namibia on 1 March.