Boakgomo-Ntakhwana leaves FNBB

Thursday, August 07, 2014

First National Bank of Botswana Limited (FNBB) CEO Lorato Boakgomo-Ntakhwana will leave the bank at the end of the year to take up a new post within the regional banking group in South Africa.

Boakgomo-Ntakhwana’s departure comes a few months after reports of a deteriorated working relationship with authorities at Bank of Botswana, the commercial banks’ regulator.

While FNBB and the central bank have not confirmed the reports, industry sources claim that she had a fall out with central bank authorities over corporate governance matters.

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