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The Agricultural Bank of Namibia (Agribank) has announced the appointment of Mr Robert Eiman as the Bank’s new Chief Executive Officer (CEO), starting from 1 July 2026.

Mr Eiman succeeds Dr Raphael Karuaihe, who retired on 31 March 2026, after being at the helm of the bank since January 2022.

In the interim, the Board of Agribank has appointed the Chief Financial Officer, Mr Abel Akayombokwa, as Acting CEO until 30 June 2026.

“Mr Eiman is a seasoned Executive with extensive experience across Micro Finance, Commercial, Corporate Banking and Development Finance,” said Agribank in a statement.

“Furthermore, Mr Eiman has experience in preparing, evaluating and structuring larger deals in various industries as well as strategy development and implementation.”

Eiman holds a Master of Business Administration from the Maastricht University School of Business and Economics in the Netherlands.

He joins Agribank from Nampost Financial Brokers (POSTFIN), where he served as CEO, and has previously held senior positions at the Development Bank of Namibia and First National Bank of Namibia, where he has demonstrated his skills in transformational leadership, strategic orientation, credit risk management, market analysis, banking operations, and client service management, among others.

“The Board welcomes Mr Eiman and look forward to leveraging his leadership skills, strategic insights, and financial industry knowledge to lead the Bank into its next phase of growth, sustainability, and impact.

“Mr Eiman’s appointment comes at a pivotal time when the Bank is embarking on an organisational transformation to respond to challenges of complex economic dynamics, climate change, low agriculture productivity and fragmented agriculture value chains.

“Therefore, the Board is confident that he will lead the Bank through its transformation phase and beyond, while navigating the balance between its developmental mandate and long-term financial sustainability.

“Additionally, the Board would like to extend its sincere appreciation to Dr Karuaihe, the outgoing CEO, for his leadership, dedicated service and valuable contribution to the Bank’s progress during his tenure.”

When informed about his appointment, Mr Eiman demonstrated optimism on the role ahead indicating that, “I am honoured to serve in this role and look forward to building on the foundation laid by my predecessors, while steering the Bank towards long-term sustainable growth and contributing to the transformation of the agricultural sector”.

In the photo: Mr Robert Eiman.