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  • Nuyoma is new GIPF boss

Nuyoma is new GIPF boss

WebDesk
September 24, 2012September 27, 2012 No Comments

WINDHOEK: David Nuyoma has been appointed as the Chief Executive Officer (CEO) of the Government Institutions Pension Fund (GIPF) as from 01 January 2013.

GIPF Manager: Communications Elvis Nashilongo in a media statement issued on Monday confirmed Nuyoma’s appointment.

Nuyoma, who is the CEO of the Development Bank of Namibia also served as the Executive Director of Namibia Investment Centre, the Senior Manager Corporate Affairs and Planning as well as Small and Medium Enterprise (SME) Support at the Namibia Development Corporation (NDC).

“Nuyoma brings along a wealth of experience to the GIPF team, being a renowned economist, who made a difference to Namibia’s financial and investment sectors,” he noted.

Nashilongo explained that the GIPF Trustees took the decision last week Friday. The trustees searched for someone with tested leadership, right qualifications, and management competency, to ‘lead the fund in challenging and volatile business environment.’

Nuyoma also made contribution to the growth and development of many national and regional institutions where he served such as the Southern African Development Community (SADC) Secretariat, President Economic Advisory Council (PEAC), Namibia Stock Exchange (NSX), and the National Planning Commission (NPC).

Chief Executive Officer (CEO) of the Development Bank of Namibia, David Nuyoma has been appointed as the CEO of the Government Institutions’ Pension Fund (GIPF) as from 01 January 2013.

GIPF Manager for Communications, Elvis Nashilongo confirmed Nuyoma’s appointment in a media statement issued on Monday.

Nuyoma also served as the Executive Director of the Namibia Investment Centre, Senior Manager Corporate Affairs and Planning, as well as Small and Medium Enterprise (SME) Support at the Namibia Development Corporation (NDC).

“Nuyoma brings along a wealth of experience to the GIPF team, being a renowned economist, who made a difference to Namibia’s financial and investment sectors,” said Nashilongo.

Nashilongo explained that the GIPF Trustees took the decision last week Friday, adding that they searched for someone with tested leadership, the right qualifications, and management competency to lead the fund in a challenging and volatile business environment.

Nuyoma also made contributions to the growth and development of many national and regional institutions where he served such as the Southern African Development Community (SADC) Secretariat, President’s Economic Advisory Council (PEAC), Namibia Stock Exchange (NSX), and the National Planning Commission (NPC).

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