The Namibia Financial Institutions Supervisory Authority (NAMFISA) has appointed Erich Gariseb as the General Manager: Insurance & Medical Aid Funds, effective from the 1st of May 2023.
Erich joins NAMFISA from Momentum Metropolitan Holdings, a financial services group listed on the JSE in South Africa, where he served as the Regional Executive Head of Products & Distribution (Rest of Africa) for a period of 5 years.
In the capacity, he led product development, sales, and bancassurance functions across multiple product lines in 12 African countries.
Erich holds a Master of Science degree in Financial Management from Heriot Watt University in Scotland, and he has also completed the Senior Leadership Program (SLP) at Duke University’s Fuqua Business School in the USA.
His career began in Johannesburg as a Health Actuarial & Risk Analyst, providing technical support to Health Insurance and Medical Aid funds across southern and eastern Africa.
He later joined the Old Mutual Group, where he spent 11 years in various roles encompassing Sales, Strategy Implementation, Actuarial Valuations, Pricing, Product Development, Risk, Capital Management, System & Data Migrations, and Post-Acquisition Implementation.
After spending 3 years as the Head of Actuarial for the Old Mutual Ghana group in Accra, Ghana, he concluded his tenure with the Old Mutual Group.
NAMFISA’s primary purpose is to oversee and regulate financial institutions and financial services within Namibia.
