• Careers

Dawn of a new era

• 1 Month Ago

The appointment of Martin Inkumbi as the chief executive officer and principal officer, effective as of 15 January this year, marks a new chapter for the Government Institutions Pension Fund (GIPF).

Inkumbi’s career began in banking, where he accumulated 26 years of extensive experience in economic research, corporate and development finance and business strategy.



Well-established expertise

His expertise in leading macro-critical functions and institutions in Namibia is well-established, particularly from his decade-long tenure at the helm of the Development Bank of Namibia.

His leadership is further underscored by his roles at esteemed organisations such as the Bank of Namibia and the First National Bank of Namibia.

“My formal training was primarily in the fields of economics, management accounting, finance and banking. My working experience has centred around banking, with a focus on corporate banking, credit risk management, and development finance,” he said.



Results-driven leader

Inkumbi’s academic qualifications are impressive, with a B.Com. degree in economics, management accounting, and finance, a postgraduate diploma in banking and finance, and a master of science in financial economics.

A results-driven team leader, Inkumbi aims to implement an inclusive and collaborative management strategy to ensure pension benefits for all GIPF pensioners, children and spousal beneficiaries.

“My focus is on delivering our strategic intent to propel the GIPF sustainably, ensuring we are well-funded and that our asset values exceed our liabilities, thus guaranteeing growth and safeguarding the fund over time,” he emphasised.

Inkumbi also shared his thoughts on his commitment to transparency and ethical practices.

“I am entrusted by the board of trustees of the GIPF to lead the fund in adherence to all legislative frameworks and internal policies, ensuring fairness and transparency in all my dealings,” he said.

Inkumbi’s vision includes innovative approaches and building trust with all stakeholders to reinforce GIPF’s position as a key contributor to the Namibian economy.



Enjoyable pastimes

Outside of his professional responsibilities, Inkumbi enjoys reading, keeping fit and studying modern African history.

“A friend recently gave me ‘Richer, Wiser, Happier’ by William Green, which offers insights into the philosophies of some of the world’s greatest investors,” he said.



Model corporate citizen

Established at the end of 1989, the Government Institutions Pension Fund (GIPF) provides pension and related benefits to civil servants and employees of institutions established by Acts of Parliament, such as state-owned enterprises and mission hospitals in Namibia.

As a professionally managed pension fund, GIPF strives to be a leading pension fund and a model corporate citizen in Namibia. It is one of the few fully funded pension funds in Africa, with sufficient funds to cover its liabilities.