Staff Writer

Johannes !Gawaxab officially started duty on Monday as third Namibian Governor of the Bank of Namibia following his surprise appointment by President Hage Geingob on 21 April 2020.

As Governor,!Gawaxab will also serve as Chairperson of the Board of Directors of the Bank.

On assuming duty,!Gawaxab said that he believes the central bank’s mandate is more than delivering on traditional roles such as monetary policy, and financial stability, but it is also about delivering on an economy that provides prosperity to Namibia.

“Therefore, I aim to look at how best do we complement the collaborations between the monetary policy and fiscal policy authorities to bring economic prosperity to Namibia”, he said.

Prior to his appointment as Governor of the Bank, he served as Chief Executive Officer of Eos Capital, a Namibian Private Equity firm, from its founding in April 2015.

He also served as Chairperson of the High-Level Panel on the Namibian Economy (HLPNE) constituted by the President. In this role, he was instrumental in steering the panel to solicit evidence-based recommendations, strategies and interventions that will prove effective in reviving and accelerating inclusive economic growth and employment creation through private-sector-led investment.

Previously,!Gawaxab worked as a senior executive in financial services spanning banking, investments, insurance, property, and casualty, primarily in Southern Africa, West Africa and East Africa.