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The Government Institutions Pension Fund (GIPF) has announced the appointment of Mr Penda Ithindi as the GIPF Board of Trustees Chairperson and Mr Evans Maswahu as Vice-Chairperson effective 1 January 2024 to 31 December 2024.

Ithindi brings extensive experience in economics, capital markets/investments, with a substantial background in public sector leadership and governance.

Ithindi was appointed by the Government of Namibia to the Fund’s Board of Trustees on 21 August 2020 and reappointed on 21 August 2023. He was assigned to serve the Investment Committee as the Chairperson and the Audit and Risk Committee as a member.

On other hand Maswahu possesses a wealth of experience in public sector leadership, investments, and benefits administration. Maswahu was appointed to the board of trustees by the Namibia Public Workers’ Union (NAPWU) on 21 July 2020 and reappointed on 21 July 2023.

He was assigned to serve the Benefits and Administration Committee as Chairperson and the Investment Committee a member.

“The Fund extends gratitude to Nillian Mulemi for her exemplary leadership throughout her two-year tenure as the Chairperson of the Board and equally to Faniel Kisting for his exceptional leadership and the considerable knowledge he shared during his one-year tenure as the Vice-Chairperson,” GIPF’s acting CEO Mr Onno Amutenya said in a statement.

“Mulemi and Kisting shall continue serving on the GIPF Board of Trustees in different capacities. We therefore wish them continued success in these new roles commencing January 2024.”

In the photo: Steering the ship from the top at GIPF are Mr Penda Ithindi and Mr Evans Maswahu.