Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Search on for new GIPF boss

Home National Search on for new GIPF boss
Search on for new GIPF boss

The Government Institutions Pension Fund has started the process to find a suitable replacement for its CEO David Nuyoma, who retires next year after ten years, at the helm of the country’s largest defined pension fund.

 Nuyoma’s position is a sought-after one, considering the performance of the fund, which is the single biggest investor in the economy, with assets of over N$135 billion.

In a statement yesterday, the GIPF board said approval has been given to kickstart the search for a new principal officer as per the fund rules. 

“To this end, the recruitment and selection process has been approved to commence,” board chairperson Nillian Mulemi said. 

“The GIPF is committed to undertaking an objective, fair, open and competitive recruitment process and distances itself from past social media reports, insinuating there are candidates earmarked for the position. The process will be facilitated by an independent, expert recruitment agency.” 

Nuyoma, who joined GIPF from the Development Bank of Namibia, will go into retirement in June next year. 

“The GIPF regards recruitment as a key strategic function; therefore, the selection process shall be conducted based on an efficient, fair and transparent manner
that the policy prescribes. Suitably qualified women and persons living with disabilities are encouraged to apply.”