Bank Gaborone has announced the appointment of Tsaone Raboloko as Managing Director, with effect from 9 October 2026 following the successful conclusion of the Bank’s recruitment process and regulatory approval.
Raboloko, who has been serving as Acting Managing Director since the end of June 2026, brings extensive experience across finance, risk and compliance, together with a strong understanding of Bank Gaborone, its people and the Botswana operating environment. He joined Bank Gaborone in February 2018 as Head: Risk and Compliance and was appointed Chief Financial Officer in April 2022 before assuming the Acting Managing Director role.
His appointment comes at an important stage in Bank Gaborone’s journey as the Bank continues to execute its turnaround strategy within a challenging operating environment. The actions taken to strengthen the business are already translating into overall positive change, providing a stronger platform from which the Bank can pursue sustainable performance and future growth.
Commenting on the appointment, Bank Gaborone Board Chairperson Christo de Vries said the Board was confident that Raboloko’s experience and knowledge of the business positioned him well to lead the Bank through its next phase.
“Tsaone’s appointment provides important continuity at a time when Bank Gaborone is making encouraging progress in strengthening the business. He understands our Bank, our people and the environment in which we operate, and he has been closely involved in the journey we are on.
“The Board has every confidence in his ability to build on the progress achieved and lead Bank Gaborone with the focus and discipline required to create sustainable value for our customers, employees, shareholders and other stakeholders.” Raboloko’s appointment provides leadership continuity as Bank Gaborone maintains its focus on disciplined execution, improving overall performance and building a sustainable business for the future.
Commenting on his appointment, Raboloko said “I am deeply honoured by the trust placed in me to lead Bank Gaborone. Having been part of the Bank’s journey, I have seen firsthand the dedication of our people, the resilience of our customers, and the important role we play in supporting Botswana’s growth and prosperity. As a proudly Botswana-focused institution, we remain committed to helping individuals achieve their ambitions, empowering businesses to grow, and contributing to the development of our nation.
I look forward to working alongside our talented team, our customers, shareholders, regulators, and communities to build on our strong foundation and shape an even brighter future for Bank Gaborone, the wider Capricorn Group and Botswana “
The Bank also acknowledged the contribution of its employees during the leadership transition and the implementation of the Bank’s focused strategy. The progress achieved reflects the collective commitment and resilience of the Bank Gaborone team.
As part of Capricorn Group, Bank Gaborone plays an important role in the Group’s ambitions to create sustainable value for its clients, employees, shareholders and other stakeholders.
