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Apex Group’s new Botswana head to help expand business and bridge industry talent gap in Africa

23 August 2024

Apex Group, the leading global financial services provider, has appointed Itumeleng Avril Moremong as its new head of Botswana. This makes it the first fund administration provider with a local head and team in Botswana. This move further signifies Apex Group’s commitment to driving growth and transforming the financial services sector across the African continent.

Itumeleng’s role will be crucial to realising Apex Group’s ambitions for Botswana, This includes understanding local asset managers requirements, offering them services which allow them to grow; expanding middle office support and compliance services; offering innovative pension funds support as well as administrative support to custodians.

Itumeleng’s expertise as an executive financial services professional – spanning 20 years in the sector - and her proven track record of growing businesses, will be key to her new role.

Speaking on her appointment, Itumeleng Moremong, said:

Joining the Apex Group family is a fantastic opportunity. I am committed to championing the core values of caring, promoting respect, being exceptional and driving growth ensuring that every interaction with the Apex brand reflects a commitment to delivering unparalleled service and value to our clients in Botswana. The presence of a more Botswana-focused team will not only instil comfort to clients but will also demonstrate Apex Group’s commitment to the industry at large. Apex Group Botswana will also play a role in bridging the industry’s talent gap, by supporting, training and developing the skills in the industry and is something I’m deeply passionate about.”

Also, commenting on her appointment, Alan Keet, Apex Group’s regional head of Middle East and Africa, said:

We are delighted to welcome Itumeleng onboard. Her appointment brings a wealth of experience to help bolster Apex Group’s Botswana offering. Itumeleng will help us deliver our cutting-edge solutions to our clients, as we continue to drive growth across the region. This is a crucial time for us; we are the largest provider, offering a single-source solution across the whole investment lifecycle, which helps our clients to scale-up faster and better.”

Newsroom

Chanel Townsend | Head of media relations

Chanel.Townsend@apexgroup.com | +447391046830

About Apex Group

Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With 13,000 employees globally, Apex Group provides services into 50 jurisdictions delivering an expansive range of services to asset managers, financial institutions, private clients, and family offices.

The Group has continually improved and evolved its capabilities to offer a single-source solution through establishing the broadest range of services in the industry; including fund raising solutions, fund administration, digital onboarding and bank accounts, depositary, custody, super ManCo, corporate services and pioneering ESG and sustainability services. Apex Group’s purpose is to be more than just a financial services provider and is committed to driving positive change to address three core areas; the environment and climate change, women’s empowerment and economic independence, education and social mobility.

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