Mulunga is new Namcor MD (The Namibia Press Agency)

Cabinet has approved the appointment of Immanuel Mulunga as the new Managing Director (MD) of National Petroleum Corporation of Namibia (Namcor).

Mulunga replaced Obeth Kandjoze who was appointed as the Minister of Mines and Energy in March this year.

In a Cabinet statement issued to Nampa on Wednesday, Mulunga will be serving in this position of the next five year which commence in July 2015 to June 2020 based on good performance and scoring during the selection process.

The Cabinet directed that the remunerative package of the Managing Director be determined within the guidelines of the Remuneration Framework for State-owned Public Enterprises in Namibia.

Mulunga worked as a Lab Technician at the University of Namibia; Key Account Manager of commercial at BP Namibia; and Petroleum Inspector at Ministry of Mines and Energy.

He was later appointed as the Petroleum Commissioner in the Ministry of Mines and Energy to facilitate and promote the exploration and production of oil and gas in the country.

Mulunga was also a member of the Government Negotiating Team (GNT) and Technical Advisory Committee Member (TAC) for exploration licenses.

As a Petroleum Commissioner he also issue exploration licenses to international oil companies and regulate the upstream petroleum industry by being the focal person for oil and gas exploration matters.

Mulunga is a retired member of the Board of Directors of Namcor.

Mulunga holds a Master of Business Administration and Bachelor of Business Administration (Honors), Diploma in Petroleum Policy and Management and a B Sc. Chemistry and Zoology which he obtained from the University of Stellenbosch Business School PETRAD, Stavanger and the University of Namibia respectively.