Akwenye appointed as DBN chairperson

WINDHOEK: The Development Bank of Namibia has appointed Penny Akwenye as its new board chairperson here on Wednesday.

Akwenye took over from Elize Angula, who served in that position since 2009.

Speaking during the announcement, Akwenye pledged that she will commit to consolidation of trust, reliability and sustainability of the bank.

She said she will ensure that the whole DBN team continues to work together towards one goal of growing the bank from a leading institution to an institution that embraces all developmental activities.

“As a team we should broaden the scope of attracting new clients such as developmental partners and private investors,” urged Akwenye.

She noted that she does not only want to see the bank fulfilling its mandate of contributing to economic growth and social development of the country, but also becoming the leading financial institution in advocating, implementing and sustaining both Government and private sector development efforts.

Also speaking during the briefing, outgoing board chairperson Angula said since 2009 when she was appointed as chairperson the bank has shown that it can stimulate enterprise with finance and create jobs.

“The ability to evolve is critical for the enterprise, and this is the most important legacy I leave you with,” she said.

The rest of the board of directors are: Martin Inkumbi (Chief Executive Officer), Albie Basson, Emma Haiyambo, Justus Hausiku, Tabitha Mbome, and Muetulamba Shingenge-Haipinge.

Mbome and Akwenye are the only new members of the board.