Shipanga to join Net1

OUTGOING Nedbank Namibia Managing Director Martin Shipanga will be joining Net 1 Universal Electronic Payment Systems (UEPS) Technologies as the company’s Vice President for African Markets next year.

As part of his duties, Shipanga will be responsible for SmartSwitch Namibia – a joint venture between NamPost and Net1 UEPS Technologies – set to be launched early next year. The company will second Shipanga as the Executive Chairman of SmartSwitch Namibia on a part-time basis.Net1 UEPS Technologies is an international company that deals with the use of technology in financial services in developing economies.Shipanga holds academic qualifications in the fields of information technology, finance and business administration.”I am indeed very encouraged and excited by the potential that the technology invented by Net1 has to positively contribute to the way of life of many of our people who are yearning for affordable means of transacting electronically.”I am confident that we will make a difference in both Namibia and other African markets,” said Shipanga.Net1 UEPS Chairman and CEO Serge Belamant said his company was grateful to have Shipanga on board and would use his abilities to broaden the Net1 brand across Africa.Shipanga’s resignation from Nedbank is effective from the end of December.He has served at the helm of the commercial bank for two years.The company will second Shipanga as the Executive Chairman of SmartSwitch Namibia on a part-time basis.Net1 UEPS Technologies is an international company that deals with the use of technology in financial services in developing economies.Shipanga holds academic qualifications in the fields of information technology, finance and business administration.”I am indeed very encouraged and excited by the potential that the technology invented by Net1 has to positively contribute to the way of life of many of our people who are yearning for affordable means of transacting electronically.”I am confident that we will make a difference in both Namibia and other African markets,” said Shipanga.Net1 UEPS Chairman and CEO Serge Belamant said his company was grateful to have Shipanga on board and would use his abilities to broaden the Net1 brand across Africa.Shipanga’s resignation from Nedbank is effective from the end of December.He has served at the helm of the commercial bank for two years.