BREAKING: Ex NCCI chief takes reins at NAM
03 December 2020 | Business
Shaanika’s first day in office will be 4 January 2021, a statement on the Namibian Stock Exchange (NSX) said. Namibian Asset Management (NAM) is listed on the Local Index of the NSX.
Shaanika (50) has served as a non-executive director on the NAM board since 2015 and has a keen understanding of the group, the company said.
He serves on various boards of directors including New Era Publications Corporation, NAMZIM Newspapers (Pty) Ltd and Team Namibia.
Shaanika holds a Bachelor of Economics and Media Studies degree from the University of Namibia and a Masters in International Business (MIB) from the Polytechnic of Namibia.
NAM has a market capitalisation of N$124 million by total shares in issue. The company closed at 62c per share on Wednesday.