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Marsorry Ickua appointed Head of Bank of Namibia’s instant payments subsidiary

by reporter
May 9, 2025
in Finance
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Marsorry Ickua has been appointed Head of the Bank of Namibia’s subsidiary, Instant Payments Namibia (IPN), on secondment

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He previously served as Director of IT at the central bank and held the position of Officer in Charge (Acting Deputy Governor) for 15 months.

Bringing over 23 years of experience in the financial services sector and a strong track record in digital financial innovation, Ickua is set to drive the success and nationwide adoption of instant payments in Namibia.

Ickua’s career includes 17 years in senior and executive roles.

His achievements include deploying Enhanced EFT, the Real-Time Gross Settlement system (NISS), and ERP solutions for government payments and treasury administration.

Ickua holds a Master’s Degree in Information Systems Management from the University of Liverpool and attended the General Management Programme at Harvard Business School. He also holds a wide range of certifications and diplomas in technology and systems management.

Additionally, Ickua contributes to financial institutions in Namibia, serving as a director on the boards of the Development Bank of Namibia and the Central Securities Depository Company (CSD), where he is involved in implementing the nation’s first Central Securities Depository with the Namibia Stock Exchange.

Furthermore, Ickua is also a board member of IPN and has been intricately involved in the programme since its inception in 2022, benchmarking against successes in India, Brazil, and other countries.

Ickua envisions Instant Payments Namibia as a digital-first pioneer, revolutionising financial access and inclusion across Namibia.

“Our vision is to establish Instant Payments Namibia as a leading force in Africa’s digital financial revolution, delivering innovative, accessible, and affordable instant payment solutions to every corner of Namibia. We will empower individuals and businesses, particularly in underserved communities, by bridging the financial divide, fostering economic growth, and ensuring Namibia remains at the forefront of global payments innovation,” Ickua said.

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