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OTESA appoints Marius Burger as Chief Financial Officer

by reporter
March 12, 2026
in Latest
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OTESA Civil Engineering (Pty) Ltd has appointed Marius Burger as Chief Financial Officer, effective 2 March 2026, as the company strengthens its financial management and prepares for further operational expansion.

The Namibian civil engineering contractor said Burger brings extensive executive and financial leadership experience across multiple sectors, including expertise in financial restructuring, operational efficiency, revenue growth and profitability improvement.

His appointment comes as the company focuses on strengthening its balance sheet, improving project delivery and expanding its operations.

OTESA Chief Executive Officer Elmo Kaiyamo said the appointment aligns with the company’s strategy of reinforcing financial governance and ensuring sustainable growth.

“This appointment is strategic and fully aligned with the direction in which OTESA is progressing. Our success as an organisation is underpinned by strong financial performance driven by revenue growth, productivity improvements and disciplined cost management,” Kaiyamo said.

He added that Burger’s leadership would play an important role in ensuring projects deliver sustainable profitability while enhancing the company’s liquidity and financial resilience.

In his role as CFO, Burger will oversee compliance and risk management, strengthen cost control and work to improve liquidity across the business.

OTESA said the appointment reflects its continued focus on financial discipline, operational efficiency and prudent capital management as it positions itself to deliver long-term value to investors, partners and stakeholders.

Founded in 2009, OTESA has grown to become one of Namibia’s leading civil engineering contractors, delivering infrastructure projects across the country.

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