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Johannesburg, South Africa, XXX July 2026 – RMB in Botswana and Namibia have been named the World’s Best Sub-Custodian Banks for 2026 by Global Finance, a dual recognition that points to the depth of RMB’s regional asset servicing capability and the role local market expertise plays in supporting global institutional investors across Southern Africa.
The recognition forms part of Global Finance’s 24th annual Best Sub-Custodian Bank Awards, which assess custody providers across 83 countries and territories. The awards are based on market research, expert industry insight and client feedback, with performance evaluated throughout 2025.
RMB was recognised in both markets for performance across client service, operational excellence, technology, post-settlement efficiency and local market expertise. These areas are increasingly important as international investors seek access to African markets while managing tighter regulatory requirements, settlement risk and the need for reliable on-the-ground execution.
For RMB, the awards reflect the strength of a regional custody platform that combines global standards with local execution. They also highlight the importance of consistent governance, resilient systems and deep market knowledge in helping clients safeguard assets and settle trades with confidence across different jurisdictions.
Harriet Mlalazi, RMB Director in Botswana, said the award reflects the work being done to strengthen Botswana’s role as a credible market for regional and international investment flows. “This recognition is a strong endorsement of the work we continue to do in Botswana’s financial sector. It reflects our commitment to delivering custody and asset servicing solutions that are reliable, efficient and aligned to the needs of institutional investors.”
Daniel Motinga, Chief Executive Officer of RMB Namibia, said the award affirms the depth of capability RMB has built in the region. “In a rapidly evolving financial landscape, clients rely on us for precision, trust and consistency. This recognition speaks to the strength of our people, our systems and our ability to deliver with discipline in increasingly complex markets.”
The role of sub-custodian banks has become more significant as investors diversify across markets and regulators place greater focus on transparency, compliance and operational resilience. In this environment, custody providers are expected to understand local market infrastructure while meeting the standards required by global institutions.
Mlalazi said clients need partners that can connect local market insight with global investor expectations. “As the investment landscape becomes more complex, clients need partners who understand both global expectations and local market dynamics. This recognition demonstrates our ability to deliver value through expertise, innovation and reliable execution.”
Motinga added that the recognition reinforces RMB Namibia’s ambition to continue strengthening its custody offering as part of RMB’s broader regional capability. “Being recognised on a global stage reinforces our ambition to keep raising the bar in custody services and remain a trusted partner to institutional investors navigating increasingly complex global markets.”
The dual recognition in Botswana and Namibia strengthens RMB’s position as a custody and asset servicing partner for institutional investors seeking access to Southern African markets, and reflects the bank’s continued focus on building capabilities that support long-term confidence in the region’s financial systems.
