Namdia chairman to ‘reflect’ after FIC appointment

Chamwe Kaira

Bryan Eiseb, the Chairman of Namib Desert Diamonds (NAMDIA), Namibia’s state-owned diamond company, has expressed his need for contemplation regarding his board memberships on Namdia, the Namibia Institute of Pathology (NIP), and Petrofund. This comes after his recent appointment as the Director of the Financial Intelligence Center (FIC), set to commence on January 1, 2024.

When asked by Observer Money about the potential impact of his FIC role on his positions in state companies, Eiseb responded, “I will need to carefully consider all these matters. My decisions will always be made with a conscious understanding of what’s best for our nation and the organizations I serve. These decisions will be guided by my personal principles. Alongside my roles in Namdia and NIP, I am also part of Petrofund due to my secondment to the Ministry of Mines and Energy. This involvement is expected to naturally conclude once my term at the Ministry ends. Let us continue working towards the progress of Namibia.”

Recently, the Ministry of Finance and Public Enterprises reappointed Eiseb, along with three other board members, for a new term running from May 1, 2023, until April 30, 2026.

Presently, Eiseb is serving as the executive director at the Ministry of Mines and Energy, a role he took on while seconded from the Bank of Namibia. The Namdia board comprises Eiseb, an independent non-executive director Liina Muatunga, Selma Shimutwikeni, and Justus Hausiku.

Eiseb’s appointment as the FIC’s new Director was announced by the Anti-Money Laundering and Combatting the Financing of Terrorist and Proliferation Council. This opening emerged due to the prior appointee, Leonie Dunn, taking on the role of the second deputy governor of the Bank of Namibia in January 2022.

Eiseb’s qualifications include an LLM in Corporate Law from UNISA, an LLB (Hons), and a B. Juris from UNAM, as well as a National Diploma in Police Science from the Polytechnic of Namibia. He is also a recognized attorney of the High Court of Namibia. His secondment to the Ministry of Mines and Energy is anticipated to conclude in November of this year.

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