The Bank of Namibia (BoN) has announced the promotion of three key professionals within its ranks.
The apex bank appointed Abigail Nainda as the Deputy Director for Policy Research Analysis in the Research and Financial Stability Department.
With a solid 14 years of experience in macroeconomic policy analysis, Nainda brings a wealth of knowledge from her work both locally and internationally.
Nainda is a Fellow of the Macroeconomic Financial Management Institute of Eastern and Southern Africa (MEFMI) and a member of the American University Chapter of Pi Alpha Alpha, the national honour society for public affairs and administration.
She holds a Master of Arts in Development Economics from the International Institute of Social Studies at Erasmus University Rotterdam in the Netherlands, a Master’s in Public Policy and Administration from American University and a Bachelor of Commerce in Economics from the University of Namibia.
“Her insights will play a key role in shaping policy strategies that support Namibia’s economic resilience and growth,” the bank said.
Moreover, another pivotal appointment, will serve as Advisor for Macroeconomic Research and Fiscal Matters.
Her academic qualifications include a PhD in Economics from the University of the Witwatersrand, an MSc from Addis Ababa University, and a Bachelor of Economics from the University of Namibia (UNAM).z`azdsx
She also pursued a Doctoral fellowship at Harvard University. Additionally, she holds certifications from the Leadership Executive Development Programme at the University of Stellenbosch Business School, where she was the top candidate in the Management Development Programme.
Zaaruka has made notable contributions to Namibia’s economic landscape, playing a key role in the establishment of the Namibia Revenue Agency and the Sovereign Wealth Fund.
She has also authored various research papers on topics such as debt sustainability, public debt thresholds and economic growth strategies.
“With over 20 years of experience at the Bank and deep expertise in debt management, fiscal policy and economic research, Dr Zaaruka’s leadership will continue to provide strategic guidance on economic policies that shape Namibia’s future. Her contributions have been instrumental in the development of key financial institutions,” the BoN said.
Completing this trio of appointments isReinhold Kamati, who has been promoted to Advisor for Macro-Models and Monetary Policy.
Renowned for his expertise in economic modelling and forecasting, Kamati holds a PhD in Economics and an MSc in International Finance from the Adam Smith Business School at the University of Glasgow, as well as a Postgraduate Certificate in Central Banking from the University of Warwick.
He also earned an MSc in Economics and a Bachelor of Education in Math & Economics from the University of Namibia.
In addition, he has completed executive programmes from the University of Oxford Saïd Business School, Cambridge Judge Business School and the University of Stellenbosch.
He also teaches Advanced Quantitative Methods and Business Research for MBA and DBA at the University of Namibia.
“His role will be crucial in guiding the Bank’s advisory efforts on oil and gas, green hydrogen development and supporting evidence-based monetary policy decisions that ensure stability and growth,” the bank said.
