PRIME Minister Saara Kuugongelwa-Amadhila has appointed Titus Ndove as the Executive Director (ED) Ministry of Finance from 1 February.
This has been confirmed by the Ministry of Finance (MOE) Public Relations Officer (PRO), Willson Shikoto to the Windhoek Observer. Ndove has over 20 years of experience, ranging from public financial management, public procurement, central and commercial banking, financial markets, and corporate governance.
The new ED has worked as Head: Public Sector and Market Intelligence at Standard Bank, as Deputy ED for State Accounts, as Accountant General at the Ministry of Finance and as Advisor to the Treasury.
Ndove at Standard Bank Namibia, having previously served as Deputy Permanent Secretary in the Ministry of Finance and Director of Financial Markets at the Bank of Namibia and he holds a Masters in Financial Economics.
The new ED takes over from Francois Brand, who is the Head of the Procurement in the Ministry of Finance who has been Acting ED since August 2021 after ED Ericah Shafudah retired from the position in July the same year.
Shafudah had announced her early retirement from the ministry where she served as accounting officer for eleven years to join the United Nations.