
Bank and union formalise relationship

Signing the recognition agreement this week are from the left, Asnath Zamuee, General Secretary of the Namibia Financial Institutions Union (NAFINU), Elize Fahl, Executive Officer: Human Resources at Bank Windhoek and Christo de Vries, the bank’s Managing Director.
The recognition agreement is applicable to Bank Windhoek employees (non-managerial staff) as defined in the bargaining unit. The bargaining unit refers to all employees who are permanently employed by Bank Windhoek, irrespective of their job grades, but exclusive of the Bank’s management staff.
Under the agreement, Bank Windhoek recognizes NAFINU as the sole collective bargaining agent/representative of its members. The bank also recognizes that NAFINU is now entitled to negotiate on behalf of its members and employees in the bargaining unit on all matters relating to the terms and conditions of employment. NAFINU will also have access to the premises of the bank and to its members and can communicate directly with its members via company facilities. Shop Stewards will be elected per constituency to represent union members in the bargaining unit.