The Executive Committee

Executive managers form an Executive Management Committee (Exco), and participate in the

• Asset and Liabilities Committee,
• the Procurement Committee,
• the Risk and Compliance Committee,
• the Human Capital and Remuneration Committee,
• the Information Technology Committee, and
• the Credit and Investment Committee.

Exco members report to the CEO, but may also report to the Board of Directors.

The Company Secretary reports to the Board, as well as the CEO, on management matters.

Exco members

Sara Kapiye (Head: Human Capital Officer)

QUALIFICATIONS: Master of Philosophy, leadership and Team Coaching, New Managers Development Programme (NMDP), and  Honours Degree, Industrial & Organizational Psychology.

Experience: Head of Human Capital O&L Group of Companies, Manager Human Capital Broll Namibia (O&L Group of Companies), Human Capital Generalist Namibia Diaries (O&L Group of Companies) and Trainee Human Capital – Namibia Diaries (O&L Group of Companies).

Heinrich Tsauseb  (Head: SME Finance)

Qualifications: B-Tech: Accounting and Finance (NUST)

Experience: Manager SME (DBN), Senior Business Analyst: Infrastructure & Utilities (DBN), Business Analyst: SME (DBN), Business Banker (SBN).

Hellen Amupolo (Head: Investments)

Qualifications: M.Dev Fin (USB), B.Econ (UNAM)
Experience:Senior Investment Manager (DBN), Senior Portfolio Manager: Infrastructure & Utilities (DBN), Northern Regional Portfolio Manager (DBN), Senior Business Analyst (DBN), Business Analyst (DBN), Market Analyst (South Africa Breweries), Acting Chief Economist (Ministry of Fisheries and Marine Resources), Economist (Ministry of Fisheries and Marine Resources)

Erastus Hoveka (Head: Credit Risk)

Qualifications: B.Sc Accounting (Cum Laude) and MBA (Distinction) Bradley University (USA) Certified Public Accountant, (USA). Executive programs at Wharton (Housing Finance) and INSEAD (Strategic Bank Management)
Experience: Managing Director (ETH Capital), Senior Managing Director (NedNamibia Holdings), Founding CFO (Development Bank of Namibia), GM Finance (NHE), Senior Manager: Corporate Finance (Air Namibia), Manager: Management Accounting (Telecom Namibia), Senior Accountant, Corporate and Security and Exchange (SEC), Debt Reporting (Simon Property Group, USA)

John Mbango (Head: Portfolio Management)

Qualifications: MSc in Financial Economics (University of London), B.Econ (UNAM)
Experience: Portfolio Manager (DBN), Business Analyst (DBN), Team Leader: Namibia Early Warning and Food Information Unit (Ministry of Agriculture, Water & Rural Development), Economics Tutor (UNAM)

Saima Nimengobe (Chief Risk Officer)

Qualifications: Master of Business Management & Administration (USB), Bachelor of Accounting (UNAM), Postgraduate Certificate in Compliance Management (UJ), Certificate in Project Management (USB)
Experience: Senior Manager: Risk & Compliance (DBN), Group Manager: ERM & Compliance (O&L Group), Risk Manager, (Namibia Breweries), Risk Officer (NamPower), Risk & Compliance Officer (Old Mutual), Trainee Accountant (Ernst & Young)

Heike Scholtz (Head: Business Strategy)

Qualifications: MPA (Infrastructure Management) (University of Pretoria), MBA (University of Pretoria), B.Eng (Civil) (University of Pretoria)
Experience: Portfolio Manager (DBN), Head: Research (IJG Securities), Investment Analyst (Allan Gray Namibia), Senior Financial Analyst (Bank of Namibia), Engineer (Namibia Water Corporation)

Jerome Mutumba (Chief Marketing & Corporate Affairs Officer)

Qualifications: MBA Strategic Management (Maastricht School of Management), Certificate: Senior Management Development Program (USB), Certificate in Project Management(USB), MA (TESOL) (Southern Illinois University), H.Ed Diploma (UNAM)
Experience: Senior Manager: Corporate Communications (DBN), Manager: Corporate Communications (DBN), Manager: External Affairs (Rössing Uranium), Manager: Corporate Communications(Bank of Namibia), Lecturer: English Communication (Polytechnic of Namibia), Consultant (AIMS), Lecturer: Complex English Patterns (UNAM)

Nicky Mutenda (Chief Financial Officer)

Qualifications: Chartered Accountant (SA, Namibia), Chartered Certified Accountant (FCCA), Certified Market Professional (CMP), ACI Diploma (Merit), ACI Dealing Certificate (Distinction), Postgraduate Diploma in Accountancy and B. Com (Business Management & Accounting).

Experience: Treasurer – DBN, Manager: Treasury – DBN, Treasury Finance Manager – FNB Namibia, Completed Chartered Accountancy Training Outside Public Practice (TOPP) Articles at Absa Bank Limited in Johannesburg.

Adda Angula (Company Secretary & Legal Services)

Qualifications: Bachelor of Laws Degree (UWC), Master of Laws Degree with specialisation in Human Rights and Democratisation in Africa (University of Pretoria), Admitted Legal Practitioner of the High Court of Namibia, Associate Member of Chartered Secretaries Southern Africa)
Experience: Head: Governance and Reporting (Capricorn Group), Assistant Company Secretary (Capricorn Group), Lecturer (UNAM), Legal Practitioner (Sisa Namandje and Company Inc)

Tonata Nghifitikeko (Chief Technology & Information Officer)

Qualifications: Postgrad Diploma in Futures Studies, Master of Science (Engineering), Honours (Information Systems) and B.Sc. (Computer Science and Mathematics).

Experience: Senior Manager: ICT (DBN), Manager: ICT (DBN), Business Process Analyst (DBN), Acting Manager: ERP & Financial Systems (Telecom Namibia), Systems Analyst: SAP HCM & Payroll (Telecom Namibia), Trainee Project Manager: SAP, AG (Walldorf, Germany), Business/Systems Analyst: Customer care & Billing (Telecom Namibia), Software Engineer (SILNAM IT Solutions).