Sybrand Coetzee takes the reins at Bank Gaborone

July 29, 2015, 8:19am

Sybrand Coetzee takes the reins at Bank Gaborone

Bank Windhoek is pleased to announce that Sybrand Coetzee, a former employee of the Bank, has been appointed as the new Managing Director of Bank Gaborone, with effect from 1 July 2015.

Bank Gaborone operates in Botswana, and is a subsidiary of Capricorn Investment Holdings (CIH), a Namibian investment holding company, of which Bank Windhoek is the flagship brand.

Bank Gaborone was established in September 2006, with a former Bank Windhoek executive, André Barnard, as the founding managing director.

Sybrand served in various senior positions in Bank Windhoek, including as Branch Manager, at various Bank Windhoek branches and is well-known in the Namibian market.

He started his career at Bank Gaborone in 2008 when he was seconded by the group from Bank Windhoek as Senior Manager: Banking Services, a position he held until 2010, when he was promoted to the position of Chief Operating Officer. He spearheaded major strategic shifts across the bank’s portfolio of products and services, which have led to the bank excelling in customer care and gaining market share within a short period.

“Bank Windhoek is proud of Sybrand and we wish him the best in his new role. We are confident that, with his vast experience in banking and knowledge of the Botswana market, he will contribute to the growth of Bank Gaborone, especially in a market where clients are continuously looking for tech-savvy banks that can provide convenient banking services”, said Christo de Vries, Managing Director of Bank Windhoek.

Sybrand holds a Bachelor of Commerce (Economics and Banking) from Potchefstroom University, a Bachelor of Commerce (Hons) (Economics) from Potchefstroom University and a Master’s in Business Leadership (MBL) from the UNISA School of Business Leadership. He also successfully completed the CIH group’s Internal Leadership Development Programme to complement his tertiary qualifications.

 About Bank Gaborone

Bank Gaborone has been providing banking services since September 2006, across a network of 7 retail branches, 11 unsecured lending offices and 17 ATMs, spread around Botswana. Its products and services include transaction and savings accounts, as well as vehicle and mortgage loans, SME and business banking services. Through its highly talented staff, the bank is dedicated to provide customers with unique service excellence and sustained growth, through formidable and lasting relationships with its stakeholders. For more information, visit