Home Africa Namibia: NIPDB board changes governance structure to align with act – News

Namibia: NIPDB board changes governance structure to align with act – News

Namibia: NIPDB board changes governance structure to align with act – News

Africa Links 24 with Shania Lazarus
Published on 2024-09-30 16:49:54

The Namibia Investment Promotion and Development Board (NIPDB) has changed its governance structure to fully align with the Public Enterprises Governance Act 1 of 2016.

NIPDB spokesperson Catherine Shipushu says under the new structure, NIPDB’s board of directors will be composed of seven independent non-executive members, one of whom will be appointed by the president to serve as the chairperson.

The chief executive of the entity will report to the board of directors and the…

Read the Full article on The Namibian

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