Namibian President, Netumbo Nandi-Ndaitwah has appointed Mr. Ebson Uanguta as Governor of the Bank of Namibia, for a period of five years with effect from 1 January 2026.
Uanguta replaces Johannes Gawaxab, whose departure was announced last month.
Uanguta has served as one of the Bank of Namibia’s deputy governors since January 2012.
President Netumbo Nandi-Ndaitwah’s office said in a statement that Uanguta’s appointment as governor was for five years.
Gawaxab was appointed in June 2020 and steered the central bank through the COVID-19 pandemic.
Under his tenure, resource-rich Namibia became an exploration hotspot for global energy companies. It is aiming for its first crude oil output by 2030, which could transform its small economy
Reuters/Shakirat