Standard Bank recently appointed Sumaiyyah Isaacs as the new Head of Transactional Products and Liabilities within the Personal and Business Banking (PBB) Department.
In her new role, Isaacs is responsible for the maximization of the total value of all liabilities in alignment with the specific market needs, establish pricing and perform revenue assurance within PBB. “I am highly motivated and driven in the attainment of my personal and professional goals. The ability to overcome obstacles and see tasks bear fruit have always been one of my main character traits. Hence the reason I believe 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 SLAs, 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, FATCA and FIA duties, as well as AML 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.
As a newcomer to the banking industry, Isaacs is highly driven to meet and exceed her key performance areas. Moreover, she is eager to work with and understand the PBB team dynamics as well as contribute positively to the aforesaid. She sees this, as an opportunity to start great relationships and to share ideas and opinions furthering the achievement of the strategic objectives of PBB.
Isaacs officially joined Standard Bank Namibia on the 1st of March 2017.