NAMDIA board reappointed for another 3-year term

May 08, 2023

Namibia's state-owned diamond company, Namib Desert Diamonds (NAMDIA), will see the continuation of its current board of directors for another three years.

 The Ministry of Finance and Public Enterprises confirmed the reappointment, effective from May 1, 2023, until April 30, 2026.

 The NAMDIA Board of Directors comprises four members, all of whom have served since December 2019.

 However, their tenure has now been extended. The board will continue to be chaired by Bryan Eiseb, the acting Executive Director in the Ministry of Mines and Energy and an admitted attorney of the High Court of Namibia.

 Other members of the board include Liina Muatunga, an independent non-executive director, who will serve as the Chairperson of the Human Resources and Remuneration Committee of NAMDIA.

 Selma Shimutwikeni, a natural resources law and policy expert, and Justus Hausiku, an accounting expert, complete the board makeup.

 NAMDIA is responsible for the sorting, valuing, and sales of Namibia's rough diamonds. It was established in 2016, as a result of an agreement between the government and De Beers, to verify whether Namibia was getting the best value for its diamonds by going onto the open market.




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Last modified on Tuesday, 09 May 2023 19:04

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