New execs for treasury, DBN

Cindy Van Wyk
STAFF REPORTER



WINDHOEK

The ministry of finance has appointed Titus Ndove as its executive director, effective 1 February, it announced.

He replaces Ericah Shafudah, who joined the United Nations as a consultant.

Ndove will rejoin the ministry following a four-year stint at Standard Bank as its head of public sector and market intelligence. He previously served as the deputy director for treasury and as accountant general.

He also worked at the Bank of Namibia, where he was its director for financial markets.

Ndove holds a master’s degree in financial economics from the University of London.

Moving on up

Meanwhile, the Development Bank of Namibia (DBN) also announced the appointment of Hellen Amupolo as the head of its investment department.

She joined the bank in 2008 and was instrumental in establishing its Ongwediva branch. She also served as portfolio manager for infrastructure and utilities and worked as a business analyst for South African Breweries - now ABInBev - and as chief economist at the ministry of fisheries.

Amupolo is a chartered development finance analyst who holds a bachelor’s degree in economics from the University of Namibia and a master’s in development finance from the University of Stellenbosch.

Comments

Namibian Sun 2024-05-20

No comments have been left on this article

Please login to leave a comment

Premier League: Sheffield United 0 vs 3 Tottenham Hotspur | Crystal Palace 5 vs 0 Aston Villa | Brentford 2 vs 4 Newcastle | Brighton 0 vs 2 Manchester United | Liverpool 2 vs 0 Wolves | Burnley 1 vs 2 Nottingham Forest | Luton Town 2 vs 4 Fulham | Manchester City 3 vs 1 West Ham | Arsenal 2 vs 1 Everton | Chelsea 2 vs 1 Bournemouth LaLiga: Barcelona 3 vs 0 Rayo Vallecano | Cadiz 0 vs 0 Las Palmas | Granada 1 vs 2 Celta Vigo | Mallorca 2 vs 2 Almería | Atletico Madrid 1 vs 4 Osasuna | Villarreal 4 vs 4 Real Madrid | Valencia 1 vs 3 Girona | Real Betis 0 vs 2 Real Sociedad | Athletic Club 2 vs 0 Sevilla | Deportivo Alaves 1 vs 0 Getafe SerieA: AS Roma 1 vs 0 Genoa | Inter Milan 1 vs 1 SS Lazio | Monza 0 vs 1 Frosinone | Udinese 1 vs 1 Empoli | Sassuolo 0 vs 2 Cagliari | Torino 3 vs 1 AC Milan | Lecce 0 vs 2 Atalanta | Fiorentina 2 vs 2 Napoli European Championships Qualifying: Southampton 3 vs 1 West Bromwich Albion English Championship: Southampton 3 vs 1 West Bromwich Albion Katima Mulilo: 11° | 30° Rundu: 10° | 30° Eenhana: 11° | 31° Oshakati: 13° | 30° Ruacana: 11° | 30° Tsumeb: 14° | 28° Otjiwarongo: 11° | 26° Omaruru: 14° | 29° Windhoek: 11° | 26° Gobabis: 12° | 26° Henties Bay: 20° | 35° Wind speed: 46km/h, Wind direction: NE, Low tide: 07:38, High tide: 14:01, Low Tide: 19:40, High tide: 02:00 Swakopmund: 19° | 27° Wind speed: 21km/h, Wind direction: SE, Low tide: 07:36, High tide: 13:59, Low Tide: 19:38, High tide: 02:00 Walvis Bay: 23° | 34° Wind speed: 23km/h, Wind direction: SE, Low tide: 07:36, High tide: 13:58, Low Tide: 19:38, High tide: 02:00 Rehoboth: 12° | 27° Mariental: 15° | 29° Keetmanshoop: 17° | 29° Aranos: 15° | 28° Lüderitz: 19° | 32° Ariamsvlei: 17° | 31° Oranjemund: 14° | 25° Luanda: 24° | 27° Gaborone: 14° | 27° Lubumbashi: 11° | 26° Mbabane: 11° | 23° Maseru: 8° | 25° Antananarivo: 10° | 19° Lilongwe: 13° | 27° Maputo: 18° | 26° Windhoek: 11° | 26° Cape Town: 14° | 19° Durban: 17° | 27° Johannesburg: 15° | 25° Dar es Salaam: 23° | 28° Lusaka: 14° | 25° Harare: 11° | 25° Currency: GBP to NAD 23.14 | EUR to NAD 19.82 | CNY to NAD 2.52 | USD to NAD 18.26 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.7 | ZWL to NAD 0.04 | BRL to NAD 3.55 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.01 | USD to AOA 847.42 | USD to BWP 13.47 | USD to EGP 46.59 | USD to KES 130.73 | USD to NGN 1467 | USD to ZAR 18.25 | USD to ZMW 25.9 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 79530.63 Up +0.03% | Namibian Stock Exchange (NSX) Overall Index 1754.58 Up +0.81% | Casablanca Stock Exchange (CSE) MASI 13426.13 Up +0.11% | Egyptian Exchange (EGX) 30 Index 26142.84 Up +3.27% | Botswana Stock Exchange (BSE) DCI 9151.06 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 416.95/OZ DOWN -0.0014 | Copper US$ 4.99/lb DOWN -0.012 | Zinc US$ 3 106.30/T UP 1.86% | Brent Crude Oil US$ 83.75/BBP DOWN -0.0037 | Platinum US$ 1 057.94/OZ DOWN -0.0252 Sport results: Premier League: Sheffield United 0 vs 3 Tottenham Hotspur | Crystal Palace 5 vs 0 Aston Villa | Brentford 2 vs 4 Newcastle | Brighton 0 vs 2 Manchester United | Liverpool 2 vs 0 Wolves | Burnley 1 vs 2 Nottingham Forest | Luton Town 2 vs 4 Fulham | Manchester City 3 vs 1 West Ham | Arsenal 2 vs 1 Everton | Chelsea 2 vs 1 Bournemouth LaLiga: Barcelona 3 vs 0 Rayo Vallecano | Cadiz 0 vs 0 Las Palmas | Granada 1 vs 2 Celta Vigo | Mallorca 2 vs 2 Almería | Atletico Madrid 1 vs 4 Osasuna | Villarreal 4 vs 4 Real Madrid | Valencia 1 vs 3 Girona | Real Betis 0 vs 2 Real Sociedad | Athletic Club 2 vs 0 Sevilla | Deportivo Alaves 1 vs 0 Getafe SerieA: AS Roma 1 vs 0 Genoa | Inter Milan 1 vs 1 SS Lazio | Monza 0 vs 1 Frosinone | Udinese 1 vs 1 Empoli | Sassuolo 0 vs 2 Cagliari | Torino 3 vs 1 AC Milan | Lecce 0 vs 2 Atalanta | Fiorentina 2 vs 2 Napoli European Championships Qualifying: Southampton 3 vs 1 West Bromwich Albion English Championship: Southampton 3 vs 1 West Bromwich Albion Weather: Katima Mulilo: 11° | 30° Rundu: 10° | 30° Eenhana: 11° | 31° Oshakati: 13° | 30° Ruacana: 11° | 30° Tsumeb: 14° | 28° Otjiwarongo: 11° | 26° Omaruru: 14° | 29° Windhoek: 11° | 26° Gobabis: 12° | 26° Henties Bay: 20° | 35° Wind speed: 46km/h, Wind direction: NE, Low tide: 07:38, High tide: 14:01, Low Tide: 19:40, High tide: 02:00 Swakopmund: 19° | 27° Wind speed: 21km/h, Wind direction: SE, Low tide: 07:36, High tide: 13:59, Low Tide: 19:38, High tide: 02:00 Walvis Bay: 23° | 34° Wind speed: 23km/h, Wind direction: SE, Low tide: 07:36, High tide: 13:58, Low Tide: 19:38, High tide: 02:00 Rehoboth: 12° | 27° Mariental: 15° | 29° Keetmanshoop: 17° | 29° Aranos: 15° | 28° Lüderitz: 19° | 32° Ariamsvlei: 17° | 31° Oranjemund: 14° | 25° Luanda: 24° | 27° Gaborone: 14° | 27° Lubumbashi: 11° | 26° Mbabane: 11° | 23° Maseru: 8° | 25° Antananarivo: 10° | 19° Lilongwe: 13° | 27° Maputo: 18° | 26° Windhoek: 11° | 26° Cape Town: 14° | 19° Durban: 17° | 27° Johannesburg: 15° | 25° Dar es Salaam: 23° | 28° Lusaka: 14° | 25° Harare: 11° | 25° Economic Indicators: Currency: GBP to NAD 23.14 | EUR to NAD 19.82 | CNY to NAD 2.52 | USD to NAD 18.26 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.7 | ZWL to NAD 0.04 | BRL to NAD 3.55 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.01 | USD to AOA 847.42 | USD to BWP 13.47 | USD to EGP 46.59 | USD to KES 130.73 | USD to NGN 1467 | USD to ZAR 18.25 | USD to ZMW 25.9 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 79530.63 Up +0.03% | Namibian Stock Exchange (NSX) Overall Index 1754.58 Up +0.81% | Casablanca Stock Exchange (CSE) MASI 13426.13 Up +0.11% | Egyptian Exchange (EGX) 30 Index 26142.84 Up +3.27% | Botswana Stock Exchange (BSE) DCI 9151.06 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 416.95/OZ DOWN -0.0014 | Copper US$ 4.99/lb DOWN -0.012 | Zinc US$ 3 106.30/T UP 1.86% | Brent Crude Oil US$ 83.75/BBP DOWN -0.0037 | Platinum US$ 1 057.94/OZ DOWN -0.0252