Old Mutual Namibia has announced the appointment of Alovise Frey as General Manager of Finance and Operations for Old Mutual Investment Group Namibia (OMIGNAM), effective 1 October.
Frey brings more than 12 years of experience across finance, risk management, credit, compliance, audit, and taxation in Namibia’s banking sector.
Before stepping into her new role at Old Mutual, Frey served as the Head of Finance for the Commercial Banking segment at FNB Namibia.
In that capacity, she provided strategic financial leadership, guided pivotal business decisions, and sat on several executive and governance committees. Her professional background also features senior positions in credit portfolio and risk management at FirstRand Namibia.
Commenting on the appointment, Sepo Haihambo, Managing Director of the Old Mutual Investment Group, said the addition of Frey to the leadership team underscores the organisation’s commitment to strengthening its capabilities as it continues to grow and evolve.
“Alovise brings a wealth of experience and a proven track record. Her strategic mindset and deep understanding of financial management make her exceptionally well positioned to lead our Finance and Operations function. We are delighted to welcome her to the OMIGNAM team and look forward to the value she will bring to our business, our clients and our stakeholders,” Haihambo added.
Frey holds a Master of Business Administration from Stellenbosch Business School, a Postgraduate Diploma in Risk Management from the University of South Africa, a Postgraduate Diploma in Accountancy from the University of KwaZulu-Natal, and a Bachelor of Accounting from the University of Namibia. She is also a qualified Chartered Accountant.
Speaking about her appointment, Frey said she is excited to join an organisation with a strong heritage and clear commitment to helping Namibians achieve holistic financial well-being.
“I am honoured to join Old Mutual Namibia and to contribute to a business that has such a meaningful impact on people’s lives. OMIGNAM has a strong reputation, a talented team and an important role to play in Namibia’s financial sector. I look forward to working with colleagues across the business to strengthen operational excellence, support sustainable growth and help deliver value to clients and stakeholders,” Frey shared.
Her appointment reflects Old Mutual Namibia’s continued focus on employing experienced leaders who can drive sustainable growth, operational efficiency and long-term value creation across its businesses.