Windhoek: The Bank of Namibia (BoN) has appointed Ebson Uanguta as its seventh Governor, effective 01 January 2026. President Netumbo Nandi-Ndaitwah confirmed the five-year appointment under Article 32(4)(b)(bb) of the Namibian Constitution and Section 19 of the Bank of Namibia Act, 2020.

According to Namibia Press Agency, the BoN issued a statement on Friday noting that Uanguta has nearly 30 years of experience in economic policy and central banking. He began his career at the Namibia Economic Policy Research Unit and later held positions at the Bank of Namibia, including economist, senior economist, director of research, and Deputy Governor. He has also served as an advisor at the International Monetary Fund in Washington, D.C., representing African nations. Earlier in his career, he was seconded to establish Namibia's revenue collection agency and served as Acting Managing Director of Namcor.

Uanguta is currently a member of the president's economic recovery task force. According to the statement, he holds a Master's Degree in Economics from Addis Ababa University and a BA Honours in Economics from the University of Namibia. He has also completed executive leadership programmes at Harvard Business School and the Harvard Kennedy School of Government.

The bank noted that Uanguta's appointment coincides with several key reforms, including payment modernisation, financial market deepening, and the implementation of the 2025-2027 Strategic Plan. 'The board, management and staff of BoN extend their congratulations to Mr Uanguta on his appointment and assure him of their full support as he assumes this important national responsibility,' the statement said.

The bank also stated it will continue efforts to maintain price stability, strengthen the financial system, and support economic growth under its leadership.