The Government Institutions Pension Fund (GIPF) has appointed Penda Ithindi as the GIPF Board of Trustees’ chairperson and Evans Maswahu as vice-chairperson, effective 01 January 2024 to 31 December 2024. 

“The Fund heartily congratulates Ithindi and Maswahu on their new appointments, and wish them well in their tenure of leadership,” reads a GIPF statement.  

Ithindi brings along extensive experience in economics, capital markets and investments, with a substantial background in public sector leadership and governance. He was appointed to the Fund’s Board of Trustees on 21 August 2020, and reappointed on 21 August 2023. He was assigned to serve the Investment Committee as chairperson, and the Audit and Risk Committee as a member. 

Maswahu possesses a wealth of experience in public sector leadership, investments and benefits administration. He was appointed by the Namibia Public Workers’ Union (NAPWU) on 21 July 2020, and reappointed on 21 July 2023. He was assigned to serve the Benefits and Administration Committee as chairperson, and the Investment Committee as member. 

“The Fund extends gratitude to Nillian Mulemi for her exemplary leadership throughout her two-year tenure as the chairperson of the Board, and equally to Faniel Kisting for his exceptional leadership and the considerable knowledge he shared during his one-year tenure as the vice-chairperson. Mulemi and Kisting shall continue serving on the GIPF Board of Trustees in different capacities. We, therefore, wish them continued success in these new roles commencing January 2024,”the  GIPF stated.