Windhoek: The Bank of Namibia (BoN) has announced a series of senior leadership promotions and redesignations aimed at 'strengthening institutional capacity and enhancing strategic agility within the central bank.'According to Namibia Press Agency, the changes follow recent leadership movements, including the appointment of Deputy Governor Nicholas Mukasa and the transition of Florette Nakusera to the Macro-Economic and Financial Management Institute of Eastern and Southern Africa (MEFMI).The central bank said the leadership adjustments form part of a deliberate strategy to balance stability with adaptability in a dynamic economic environment. 'At a time when central banks are required to balance stability with adaptability, the Bank has adopted a deliberate approach to leadership mobility,' it said.Among the key appointments, Moudi Hangula has been named Director: Legal, Governance, Risk and Compliance, while Anthea Angermund takes up the role of Director of Financial Markets. Helvi Fillipus has been a ppointed Economic Advisor in the BoN Governor's Office, and Petrus Shifotoka has been seconded as Head of the Namibia Deposit Guarantee Authority.In addition, Ancois Plaatje has been redesignated as Director: Financial Stability and Macroprudential Oversight, while Magreth Tjongarero assumes the position of Director: Banking Supervision. The central bank noted that the appointments bring together a strong mix of technical expertise and institutional experience to support its mandate.'These appointments bring together a strong blend of technical expertise, institutional experience, and leadership capability, positioning the bank to continue executing its mandate effectively,' it said.Commenting on the developments, Governor Ebson Uanguta said the changes are aligned with the institution's long-term vision. 'These leadership changes reflect the bank's deliberate and forward-looking approach to building institutional depth and resilience,' he said.He added that strengthening cross-functional expertise wi ll enable the bank to respond effectively to an increasingly complex economic environment while maintaining its commitment to economic stability. BoN reiterated its commitment to maintaining monetary and financial stability, while enhancing its capacity to respond to emerging risks and support Namibia's economic development.