Former Development Bank of Namibia Chief Executive Officer, Martin Inkumbi, has been appointed as the new Chief Executive Officer (CEO) / Principal Officer of the Government Institutions Pensions Fund (GIPF) for a term of 5 years.
Inkumbi confirmed to The Brief that he had accepted an offer from the country’s biggest pension fund and is set to start his new role on the 15th of January, 2024.
“Yes, indeed, I have been appointed, and yes, I will be starting on the 15th of January,” he said.
Inkumbi is set to replace David Nuyoma, who was recently appointed as the incoming Group Chief Executive Officer of the Capricorn Group.
Onno Amutenya has been the Acting Chief Executive and Principal Officer of the Fund since August this year.
GIPF is a statutory pension fund that provides guaranteed pensions and related benefits to 98,623 civil servants and employees of participating employers in Namibia.
