The Development Bank of Namibia (DBN) has announced the appointment of Gabriel Indombo as its new treasurer.
Previously employed as a senior portfolio manager at the Bank of Namibia, Indombo is a chartered financial analyst and holds a B Comm honours degree in financial analysis from the University of Cape Town, and a bachelor’s degree in business administration from the Namibia University of Science and Technology.
He succeeds Nicky Mutenda, currently the DBN’s chief financial officer, who says: “His expertise will be instrumental as we navigate a period of heightened financial scrutiny from our investors and funders, and as we embark on our ambitious growth plans outlined in our new integrated strategic business plan, which include significant new funding initiatives.”
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