The tragic death of Namibia Asset Management chief financial officer, Ulrich Eiseb, has been described as a great loss to the investment industry. 

Eiseb is believed to have been one of the five people killed in a horrific accident on Saturday night when a car they were travelling in crashed into a barricade before catching fire at the Banhof railway station outside Rehoboth. The Land Rover, which was en route from Rehoboth, had seven occupants, but two managed to escape with injuries, whilst five died at the scene, according to the police. 

Speaking to New Era, Namibia Asset Management CEO Tarah Shaanika said their thoughts and prayers were with the Eiseb family as they mourn his tragic and sudden loss. Shaanika described Eiseb as brilliant, intelligent, sincere, loyal and hard working. “He was just recently given the role of chief operations officer – he was the heart of the company’s operations. It is such a huge loss not only to the company but the investment industry at large. 

His presence and vast knowledge of the investment industry will be missed and felt,” noted Shaanika. Confirming the accident, police crime investigations coordinator for the Hardap region, Deputy Commissioner Eric Clay said the rest of the deceased burnt beyond recognition. Thus, no names have been released yet. “The remains have already been transported to Windhoek to the forensic laboratory. The identification process is expected to start tomorrow (today). A DNA analysis will be done as the deceased burnt beyond recognition,” explained Clay.  He however said there is no exact date on when the identification process will be finalised. 

-mamakali@nepc.com.na