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.
Job Summary
- Type: contract
- Location: Gaborone
- Category: Finance
- Closing Date: 2026-07-03
Key Responsibilities
- 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.
Requirements
- A degree, preferably a master’s degree in Investment Management, Risk Management, Actuarial Science, Chartered Alternative Investment Analyst (CAIA) or Chartered Financial Analyst (CFA);
- 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;
- Must have experience as a Chairperson of any Board;
- 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, including their subsidiaries and related entities.
How to Apply
E-mail Submissions: lSento@wuc.bw, AWIlliams@WUC.BW, mogotsimas@alexforbes.com and motlhankaj@alexforbes.com
Contact No: +267 365 1928/398 3929
Contact Person: Ms Masego Mogotsi, Mr Joseph Motlhanka
Shortlisted candidates will be contacted no later than 15/07/2026. The appointed candidate will be required to undergo the NBFIRA vetting process and satisfy fit and proper rules.
About the Company
The Water Utilities Corporation Pension Fund is a dedicated financial entity operating within Botswana. Its primary mandate is to manage the retirement savings and benefits for employees of the Water Utilities Corporation (WUC) across the country. The fund ensures long-term financial security for its members, providing a crucial component of their post-employment well-being. By prudently investing contributions, the Pension Fund aims to deliver sustainable returns to meet its obligations to WUC staff. It plays a vital role in the social and economic welfare of its members throughout Botswana.
Securing the retirement future of Water Utilities Corporation employees in Botswana.
Website: https://lei.info/213800OM8HV35ZNSTU12
One Comment
Independent trustee roles seem pretty interesting. What made you focus on water utilities for this post?