MTN Namibia welcomes in new Board of Directors
MTN Namibia has welcomed a new Board of Directors headed by local businessman, Mr Vaino Nghipondoka, owner and Chairperson of Profile Investment Holdings.
This appointment follows a strategic multi-million dollar transaction, which saw Profile Technologies acquire 30% shareholding of MTN Business Namibia this year, paving the way for MTN Namibia’s evolution.
In the new company structure, Nghipondoka is replacing Swaziland MTN Chief Executive Officer, Ambrose Dlamini, who was previously MTN Business Namibia Board Chairperson.
Dlamini remains a member of the MTN Namibia Board of Directors, together with Elia Tsouros (MD, MTN Namibia and Botswana), Solomon Nemaire (MD, Profile Investment Holdings), Charles Molapisi (CEO, MTN Zambia), Ebenezer Asante (VP, MTN SEAGHA region) and Sandile Ntsele (CFO, MTN SA). Godfrey Motsa (CEO MTN South Africa), has agreed to step down from the MTN Business Namibia Board.
As incoming chairperson, Nghipondoka will focus on formulating a strategy for MTN Namibia in mobile telephony services and ICT services, specifically to establish and grow new revenue streams.
Despite being with MTN Namibia for a short time only, Nghipondoka is impressed by the company’s experienced team and its achievements and innovation. He said the board’s investment over the past few years in technology like mobile internet is exciting and his goal is to expound that investment.
“I am honoured by this position, and as a Board our focal point will be about consolidating those investments and to come up with new strategies to enhance our network, technology, and expertise throughout Namibia,” said Nghipondoka.
“The company strategy is aimed at growth through digital and all about driving technology excellence, hence we are also excited for customers to see and discover more offerings from MTN Namibia and what we can do for them,” he added.
Nghipondoka who hails from Okalongo, previously worked for the government and Namdeb, before joining the entrepreneurial world when he founded Profile Investment Holdings. He holds a Diploma in Business Administration from the Polytechnic of Namibia.
Tsouros has a BCom and BCom Hons degree from the University of South Africa in finance. He previously worked in various management roles across the telecommunications industry and most recently as the Sales Director for MTN Group Enterprise.
Nemaire holds an MBA, among other qualifications, and has previously worked for local firms in a senior capacity. He is currently the driving force at Profile Investment Holdings.
Messrs Asante, Dlamini, Molapisi and Ntsele all hold various qualifications and have been part of the MTN Group for many years, and bring a wealth of knowledge and diverse experience to the Board.
MTN Namibia resolved to refresh the board, deepening the local expertise with a view to improving the governance, risk and compliance profile of the business, taking into account Namibia’s national socio-economic advancement programmes like the Harambee Prosperity Plan.