Namibia Economist (Windhoek)

30 November 2012

Namibia: Good Bye David!

Speaking at the year-end function of the Development Bank of Namibia (DBN), and farewell for outgoing CEO, David Nuyoma, on 23 November, DBN Board Chairperson, Elize Angula, said the DBN is fortunate to have had Nuyoma build its foundations. Angula said the bank's growth can be ascribed to Nuyoma's visionary leadership, his love for Namibia, and his dedication to his work.

She added that, because of his legacy, the DBN can absorb the shock of Nuyoma leaving. "Martin Inkumbi is ready to assume his duties as Acting CEO, and, with the prerequisite systems and processes in place, operations at the bank will not be affected by David Nuyoma's departure."

Also speaking at the event, long-standing DBN board member, Asnake Getachew, said that Nuyoma's human relationships are based on positivity; that he identifies the positive side in every one and constructively engages with it, be it in individual relations or attainment of institutional objectives.

"David has an exceptional ability to listen attentively and speaks briefly only when he has a positive contribution to make. He treats every meeting as an opportunity for learning and sharing and has grown taller in knowledge and experience, tremendously. His humility is expressed at all levels of engagement and earned him a deserved respect.

"These personal virtues had made David an accomplished leader manifested in the achievements of DBN both in the quality of the staff component and its contribution to national objectives," Getachew said.

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