Old Mutual Namibia has announced the appointment of Alovise Frey as General Manager for Finance and Operations for the Old Mutual Investment Group Namibia (OMIGNAM), effective 1 October 2026.
Frey joins Old Mutual Namibia with more than 12 years of experience across finance, risk management, credit, compliance, audit and taxation, having built a distinguished career within Namibia’s banking sector.
Prior to joining Old Mutual Namibia, she served as Head of Finance for the Commercial Banking segment at FNB Namibia, where she provided strategic financial leadership, guided key business decision-making processes and served on several executive and governance committees.
Her experience also includes senior roles in credit portfolio management 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,” said Haihambo.
“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.”
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’s 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.
In the photo: Alovise Frey, the new General Manager for Finance and Operations for the Old Mutual Investment Group Namibia (OMIGNAM).
