Central Bank makes changes to leadership structure
Following the reappointment of Governor Johannes !Gawaxab, Deputy Governor, Ebson Uanguta and the appointment of Leonie Dunn as second Deputy Governor, the Bank of Namibia this week announced changes to its leadership structure.
Dr Emma Haiyambo is appointed as the Director of Research and Financial Sector Development and Chief Economist and Florette Nakusera is appointed as Director of Financial Stability and Macroprudential Oversight. Kazembire Zemburuka is appointed as Director of Strategic Communications. The appointments take effect from 01 January 2022.
Dr Haiyambo is a seasoned Economist who joined the Bank in 2000 after having served as an Economist, Trade Policy Analyst and Chief Development Planner for various ministries and agencies of government. Nakusera served as the first female Director of Research and Financial Stability Department and Chief Economist of the Bank.
Zemburuka is a former journalist and versatile broadcaster having worked at the national broadcaster in various roles across the television, radio and news disciplines since 1999. In 2016, he joined the Bank as Deputy Director of Corporate Communications.
!Gawaxab said these changes have been necessitated by the adoption of a new organisational structure by the Bank to provide a solid platform for the effective delivery of the Bank’s mandate, which has been expanded in scope through the promulgation of the Bank of Namibia, Act 1 (2020).
“To comprehensively carry out this new mandate a new Department of Financial Stability and Macroprudential Oversight has been created. At the same time, the Research Department has been re-organised to cater for financial sector development, a key undertaking in the financial inclusion objective of the Bank,” he added.