Namibia. Nuyoma re-appointment as pension fund boss
Chief Executive Officer (CEO) and Principal Officer David Nuyoma of the Government Institutions Pension Fund (GIPF) was re-appointment for another five years effective from 1 January 2018 until 2022.
At a signing ceremony held at the Fund’s head office this week, the Chairman of the GIPF Board of Trustees Goms Menette signed and confirmed the re-appointment of Nuyoma which was witnessed by members of the Board of GIPF, Management and trade union representatives.
Nuyoma who joined GIPF on the 1 January 2013 has been at the helm of the Fund and steered the institut ion through the rough era of the infamous Development Capital Project (DCP). Nuyoma holds a wealth of experience as a renowned economist and has greatly impacted the financial and investment sectors over the years. Under his leadership, the Fund has grown tremendously from N$58 billion in 2013 to the current N$106 billion in 2017.
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