Martin Endjala
The Bank of Namibia (BoN) has announced the appointment of Dr Meshack Tjirongo, Eliaser Nekwaya and Peter Kruger as non-executive members of its Board of Directors and the re-appointment of Ehrenfried Meroro as a non-executive board member.
These appointments are in line with Section 9 of the Bank of Namibia Act (2020), effective from 1 February 2024.
The governor of the central bank, Johannes !Gawaxab, who also serves as the Chairperson of the Board, described the appointments as instrumental in enhancing the Bank’s policies, internal controls, risk management and advancing the achievement of its strategic objectives.
“As the Bank steps into the conclusive year of its strategic plan, we are pleased to welcome the new Board members who will play a crucial role in providing the necessary oversight as we discharge our mandate. We do not doubt that the Board members will contribute significantly towards the execution of our current and future strategic endeavours,” he said.
Kruger is currently serving as the Manager of Information Systems and Technology at Namibian Uranium Mine with over 26 years of expertise in artificial intelligence, cybersecurity, IT security, operational leadership, financial management, and corporate governance.
In his previous portfolio, he served as the Group Chief Operations Officer at a Namibian insurance company, overseeing operational processes and the branch network of the group’s companies.
Before this, Kruger held the position of Group Chief Information Officer at one of the largest commercial banks in Namibia. Additionally, he presently serves as a board member for the Namibia Revenue Agency.
Advocate Eliaser Nekwaya is a legal professional, bringing a wealth of experience in corporate governance and risk management. As a member of the Society of Advocates of Namibia, he has demonstrated extensive expertise across various disciplines, including policy oversight, financial stewardship, and operational supervision.
Nekwaya is unwavering in his commitment to making substantial contributions to the strategic and governance objectives of the Bank of Namibia, showcasing a consistent track record of excellence throughout his career.
His professional journey began as a Legal Practitioner in the Government’s Attorney’s office, and over time, he rose to the position of Advocate, and he currently serves as a director on two other boards.
Meanwhile, with a wealth of experience exceeding 30 years, Meshack Tjirongo has been actively involved in formulating and implementing macroeconomic policies, providing counsel on economic and development policy matters across various countries in Africa, North America, and Europe.
Tjirongo joined BoN in 1990 within the Research Department, progressing to the role of Director where he played a pivotal role in designing and implementing monetary policy responses as well as the exchange rate regime for Namibia.
In 1999, he then left the bank to join the International Monetary Fund (IMF), where he served as a Senior Economist leading the formulation of macroeconomic policies for IMF-supported programs.
His international service at the IMF also included roles as the resident representative in Gambia and Sierra Leone, where he actively monitored and reported on economic developments and played a key role in capacity building for the implementation of technical assistance reforms.
