7 March 2016

Namibia: Hunt for Namdeb CEO Begins

Diamond giant Namdeb, owned 50/50 by the Namibian government and De Beers group, has begun the search for a new chief executive officer to fill the void left by the resignation of Inge Zaamwani-Kamwi, who took up an advisory job in the presidency.

President Hage Geingob in June last year appointed Zaamwani-Kamwi to take up the position of constitutional advisor at State House.

Consequently, Namdeb has been without a CEO for the past eight months.

Namdeb company secretary Libertha Kapere told New Era last week that the board is seized with the matter of recruiting a new CEO.

She said the current board was reconstituted through the appointment of government directors in November last year.

Mines and Energy Minister Obeth Kandjoze in November last year appointed Chris Nghaamwa as the new chaiperson of Namdeb Holdings.

Nghaamwa and six other newly appointed board members of Namdeb Holdings would serve on the board between November 17, 2015 and November 16, 2019.

The other board members are Michael Humavindu, Kathleen !Naruses and Kauna Ndilula, while Daniel Motinga, Alex Gawanab and Charlene Tjikukutu will serve as alternate directors.

Kapere said the board held its first meeting in February this year and agreed on the process of recruiting the CEO.

"Namdeb has strong leadership across all levels of the business. We are confident that we continue to have a very strong business, playing a firm role in contributing to Namibia's economic growth," Kapere said.

Markus Lubbe has been acting CEO after Zaamwani-Kamwi - who joined the diamond mining joint venture between the government and De Beers in 1999 - left.

Prior to her position with Namdeb, Zaamwani-Kamwi held a senior position in the Ministry of Mines and Energy from 1995 to 1998.

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