The Managing Director of Bidvest Bank, Japie van Niekerk, hosted a delegation from BEIGE Capital Savings & Loans (BCSL), for a corporate interaction at the Bidvest Bank head office in Johannesburg, South Africa.
Japie was joined by Mkhuseli Setuse, an Executive for Business Development at Bidvest Bank, to orient the BCSL team about the history of their company and its major milestones.
The visit was organized with the view to promote business relations between the two (2) companies. Chief Executive Officer of BEIGE Capital, Mike Nyinaku, who led a team of six (6) senior management executives, expressed optimism at possible business and service partnerships between the two (2) companies. He described the meeting as a good platform to look into the prospects of business partnerships in the near future.
The visit also provided a learning experience for the BEIGE Capital team who experienced a rather diverse banking set-up of the South African Banking Terrain. The Chief Finance Officer of BEIGE Capital, Dawda Hafisdeen, admitted that the South African Banking Terrain has far advanced and is providing a highly advantageous working environment for Bidvest Bank and other South African Banks. He said, “It’s exciting to note that the Banking Regulation can be so diverse and flexible to foster a growth in dynamic income streams for local banks.
Other management members of BEIGE Capital in attendance alongside Mr. Nyinaku were; Alex Konadu (Chief Business Officer); Dawda Hafisdeen Mohammed (Chief Finance Officer); Nana Afia Kyei (Head of Cluster 2 Business); Michael Djanie (Lead for Brands); Peter Dwomor (Lead for MIS, Networking), and Jonathan Sam (Credit Manager).
BEIGE Capital is a member of The BEIGE Group, a financial services firm with business interest in Banking, Insurance, Pensions and Investments. The firm has seen significant growth in its business portfolio since its inception in 2008 and employs over 2,000 staff.