Independent Non-Executive Director at FNB Lesotho

October 17, 2026

FIRST NATIONAL BANK OF LESOTHO (FNB LESOTHO)

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First National Bank of Lesotho Limited invites applications from suitably qualified, experienced and professional individuals for appointment as an Independent Non-Executive Director to serve on its Board of Directors.

FNB Lesotho is a regulated financial services institution and a subsidiary of FirstRand EMA Holdings Limited. The Bank is committed to strong corporate governance, ethical leadership, effective oversight, and sustainable value creation for its customers, shareholders, employees, regulators, and the broader Lesotho economy.

Purpose of the Appointment

The successful candidate will contribute independent judgement, strategic insight, and specialised expertise to the Board, supporting the Bank in discharging its governance, oversight, risk management, and fiduciary responsibilities in line with applicable laws, regulatory requirements, and recognised corporate governance principles.

Key Responsibilities

Provide independent, objective, and constructive oversight of the Bank’s strategy, performance, governance, risk, compliance, and internal control environment.
Contribute to Board and Board Committee deliberations with sound judgement, professional expertise, and an understanding of the financial services sector.
Support the Board in promoting ethical leadership, accountability, transparency, and responsible corporate citizenship.
Monitor the Bank’s performance against approved strategy, business plans, regulatory obligations, and stakeholder expectations.
Oversee the integrity of financial reporting, audit processes, risk management practices, and governance frameworks, where applicable.
Devote sufficient time and attention to Board and Committee duties, including preparation for and attendance at scheduled and special meetings.

Required Skills, Experience and Qualifications

A relevant postgraduate qualification and/or professional certification.
Proven experience at senior executive level.
A minimum of 7 to 10 years’ proven experience as a Non-Executive Director or member of a Board Committee, preferably within the financial services sector. Experience operating within a group governance structure will be an added advantage.
Strong knowledge of corporate governance, fiduciary duties, and board oversight responsibilities. A formal governance qualification or certification will be an added advantage.
Experience in one or more of the following areas will be advantageous: banking, financial services, finance, risk management, information technology, digital transformation, cyber security, artificial intelligence, data privacy, ESG, credit risk management and ethics management.
Demonstrable understanding of the Lesotho business, regulatory, and financial services environment.

Independence and Eligibility

Applicants must be able to exercise independent judgement and must satisfy the applicable independence, fit-and-proper, conflict-of-interest, regulatory, and governance requirements for directors of a regulated financial institution.

Shortlisted candidates may be required to undergo regulatory assessments, background checks, and other due diligence processes.

Personal Attributes

High standards of integrity, ethics, confidentiality, and professionalism.
Sound judgement, independence of mind, and the courage to challenge constructively.
Strategic thinking and the ability to contribute to long-term value creation.
Strong communication, interpersonal, and stakeholder engagement skills.
Commitment to diversity, inclusion, accountability, and responsible leadership.
Availability and willingness to dedicate adequate time to Board and Committee responsibilities.

Application Requirements

Interested candidates are invited to submit the following documents:

A detailed curriculum vitae.
A covering letter outlining suitability for the role.
Copies of academic and professional qualifications.
Contact details for at least two professional referees and one character referee.
A declaration of independence, interests, and any potential conflicts of interest.

How to Apply

Applications should be submitted to:

Email: [email protected]

Closing Date

6 November 2026

Only shortlisted candidates will be contacted. FNB Lesotho reserves the right not to make an appointment. All applications will be treated in strict confidence.

FNB Lesotho is committed to diversity, inclusion, and equal opportunity in Board appointments.