Hellen Amupolo has been appointed Head of the Development Bank of Namibia’s (DBN) Investments Department.
Prior to her appointment, she held the position of Senior Investments Manager.
Before joining DBN, she held the positions of Acting Chief Economist for the Ministry of Fisheries and Marine Resources and Market Analyst for South African Breweries.
Amupolo is a Chartered Development Finance Analyst who holds a Bachelors in Economics from the University of Namibia and a Masters in Development Finance from the University of Stellenbosch.
Amupolo’s training includes exposure to a number of structured finance and investment banking interventions.
Talking about the role of the DBN Investments Department, Amupolo said it finances large scale enterprises with annual turnover exceeding N$10 million.
Key focal areas for the Investment Department include transport and logistics, tourism and hospitality, and manufacturing, areas identified in NDP5 as critical for growth of the Namibian economy.
The Department also finances initiatives that address structural needs of the economy, such as privately owned solar power generation, and sociological issues such as provision of serviced land and affordable housing.
In addition to her role as Head of DBN’s Investments Department, Amupolo also serves as Chairperson of the Investment Committee of Momentum Metropolitan Namibia, sits on the Board of the Roads Authority, where she serves as Chairperson of the Audit Committee.
She is also a member of the Ministry of Finance Public Private Partnership Committee and Review Panel for Public Procurement.
