Alexander Forbes Seeks Member Trustee
staff writer | Tuesday July 14, 2026 11:39
ADVERTISEMENT FOR A MEMBER TRUSTEE ON THE BOARD OF
TRUSTEES FOR THE ALEXANDER FORBES BENEFICIARY FUND (AFBF)
The Trustees of the Alexander Forbes Beneficiary Fund (“the Fund”) are looking for a qualified and
experienced individual to serve on the Fund as a Member Trustee.
The Alexander Forbes Beneficiary Fund is a fund established with the objective of receiving, administering,
investing and paying benefits on behalf of minor Beneficiaries.
Eligibility of Candidates
The candidate should be a Guardian of a Beneficiary in the Fund, BUT NOT an employee or Service
Provider of the Alexander Forbes Botswana Group or any of its subsidiaries, nor a Trustee in any of the
AlexForbes Sponsored Funds.
The following will be expected of the successful candidate;
Integrity and honesty: act at all times in good faith, with transparency, fairness and ethical judgement
in the best interests of the Fund and its Beneficiaries.
Loyalty to Beneficiaries: place the interests of the Fund and its Beneficiaries above personal, employer,
service-provider or other external interests.
Independence and objectivity: acting independently and exercising their powers impartially.
Prudence and diligence: apply reasonable care, skill and caution when considering investments,
administration, governance matters and all decisions affecting the Fund.
Accountability and responsibility: participate actively in Board and Committee meetings, understand
decisions taken and accept responsibility for the proper oversight of the Fund.
Confidentiality: safeguard confidential Fund, Beneficiary and Board information and use such
information only for authorised Fund purposes.
Competence and continuous learning: maintain sufficient knowledge of the Fund Rules, applicable
legislation, governance standards and relevant pension, investment and risk matters.
Fairness and effective communication: treat Beneficiaries impartially and ensure that appropriate
information is communicated clearly regarding their rights, duties and benefits under the Fund.
Qualifications and Requirements of Candidates
The candidate should possess:
A formal qualification in, Investment Management, Risk Management, Actuarial Science, Law, Banking,
Business or equivalent qualifications such as Chartered Accountant, Chartered Finance Analyst or
Fellow Risk Manager;
Certificate or Qualification in Retirement Funds or Insurance will be an added advantage;
Basic knowledge of the NBFIRA Act, Retirement Funds Act, and any other relevant legislation;
Sound knowledge of corporate governance.
A minimum of five (5) years managerial experience in managing pension funds or a background in
Human Resource Management or experience as a Board member/trustee.
Abilities, Aptitude and Reputation
Ability to understand strategic issues, accept legal duties, liabilities and responsibilities of a Trustee;
Be self-confident and able to participate meaningfully and objectively in discussions;
Will be expected to allocate sufficient time and commitment to fulfil the role; and
The individual must satisfy the requirements of a “Fit and Proper” individual for approval by the Non-
Bank Financial Regulatory Authority (NBFIRA) to be a Trustee.
Board Tenure – The Member Trustee will hold office for five (5) years.
Please respond by sending your detailed Curriculum Vitae (CV) and certified copies of your educational
certificates. In addition, provide two (2) recent (not more than two years) references to attest to experience
in pension-fund related matters. The documents with a clearly marked heading “AFBF- Member Trustee
2026” should be sent to:
E-mail Submissions tableg@alexforbes.com
Contact No. +267 3651988
Closing Date: 31 July 2026