The Trustees of the Botswana Housing Corporation Staff Pension Fund (“The Fund”) are in the process of appointing a qualified and experienced individual to serve on the Fund as an Independent Trustee.
The Fund is a Defined Contribution pension fund which is registered and approved by the Non-Bank Financial Institutions Regulatory Authority (NBFIRA) and the Botswana Unified Revenue Service.
The qualification criteria in respect of the candidates for the above vacancies are as follows:
• A degree, preferably a master’s degree in Investment Management, Risk Management, Actuarial Science or equivalent qualifications such as Chartered Accountant, Chartered Finance Analyst and Fellow Risk Management;
• Certificate/Qualification in Retirement or Insurance;
• Must have experience as a Trustee which is not limited to a certain field related to retirement funds;
• A minimum of seven years’ managerial experience in the financial service sector, preferably specific experience in retirement funds sector;
• Basic knowledge of the NBFIRA Act, Retirement Funds Act, Trust Act and any other relevant Acts;
• Must have sound knowledge of corporate governance;
• Must have good communication skills as well as the required time and commitment to fulfil the role; and
• Cannot be an employee, agent or shareholder to any service provider of
• The sponsoring Employer, Botswana Housing Corporation and the Fund, including their subsidiaries and related entities.
The duties and responsibilities of the Independent Trustee will be the same as those of the Trustees of the Fund, including the following:
• Inform the Regulatory Authority, in writing, of any information relating to the affairs of the Fund, which in their opinion may seriously prejudice the financial soundness of the Fund or its Members as soon as the Trustee becomes aware of any such information;
• Act independently and exercise their powers in a manner that is impartial and not influenced by inappropriate considerations;
• Ensure that the Fund is financially sound, responsibly managed and governed in accordance with its Rules and the applicable legislation; and
• Ensure that adequate and appropriate information is communicated to the Members and beneficiaries informing them of their rights, duties and benefits in relation to the Fund.
APPLICATION DETAILS
Qualified candidates are to submit their detailed curriculum vitaes with a covering letter to one of the following, with a clearly marked heading "BHCSPF - Independent Trustee 2025" no later than 31 October 2025. E-mail submissions mothankaj@alexforbes.com mogotsimas@alexforbes.com sramahobo@bhc.bw Contact No. +267 365 1928/398 3929 Contact Person Mr Masego Mogotsi Mr Joseph Mothanka Shortlisted candidates will be contacted no later than 14 November 2025. The appointed candidate will be required to undergo the NBFIRA vetting process and satisfy fit and proper rules.