Shuutheni Shivute joins GIPF to manage a N$27b portfolio

Chris Kaukemua
  • 2 Days Ago
Shuutheni Shivute has joined the Government Institutions Pension Fund (GIPF) as part of its treasury team, taking on responsibility for managing a N$27 billion portfolio.

Having joined the fund five months ago, Shivute brings a background in asset management and is currently adapting to the broader scope of treasury operations within Namibia’s largest pension fund.

Familiarisation

In his early weeks, Shivute underwent induction training and familiarised himself with GIPF’s internal systems and policies.

“There are overlaps between asset management and treasury, but this role involves ensuring operational liquidity, meeting monthly benefit payments, and managing short-term investments in line with the fund’s Investment Policy Statement,” he explained.

A typical workday includes monitoring financial markets, allocating funds to fixed-income and money market instruments, and ensuring that contributions are efficiently invested. Shivute also pays close attention to economic and financial developments that may impact the fund’s performance. “Staying informed is key to making timely, effective decisions,” he said.

Major step

Reflecting on the challenges of his transition, Shivute noted that adjusting to a more operational and liquidity-focused approach was initially demanding. “Previously, I focused on maximising investment returns. Now I also need to ensure we maintain enough liquidity to meet monthly obligations,” he noted.

However, he credits continuous learning and a collaborative team environment for helping him navigate the change successfully.

Shivute says he is proud to contribute to an institution that safeguards the retirement savings of thousands of Namibians. “Being part of GIPF is a major achievement. There's a real sense of purpose in this role,” he said. He also emphasised the importance of planning and time management in maintaining a healthy work-life balance, which he believes is critical in such a high-responsibility position.