NAMFISA Board Chairperson, Estell Tjipuka said in a statement, “ The NAMFISA Board has appointed Mr. Kenneth Simataa Matomola as acting Chief Executive Officer, effective from Monday, 21 September 2015.”
“The NAMFISA Board has full confidence in Mr. Matomola’s abilities to lead the institution in the execution of the Authority’s mandate and transformational agenda”. Elaborating on his background, Ms Tjipuka said Mr. Matomola held the Assistant CEO: Supervision position since April 2014. He joined NAMFISA in May 2011 as General Manager: Investment Institutions.
He previously worked at the Bank of Namibia, where he held various positions in the Banking Supervision Department. After the Bank of Namibia, Mr. Matomola joined First National Bank where he worked as Trainee Manager: Credit, and Manager: Regulatory Reporting, and as the Project Manager for Basel II Implementation.