Governance

Leadership and Corporate Governance

The Fund operates under the legal framework of the MVA Fund Act, 2007 (Act 10 of 2007) and the Public Enterprises Governance Act (PEGA) 2019, (Act 1 of 2019).

The Board exercises leadership through rigorous oversight, to ensure the application of sound governance. The Board also subscribes to a corporate governance philosophy that strategically guides the institution in an ethical manner, upholding the Fund’s values and pursuing its mission. The Board upholds governance principles as embedded in the Corporate Governance Code for Namibia (NamCode), as well as the King Reports on Governance.

The MVA Fund, is a member of the Namibian Institute of Corporate Governance, a non-profit member-based association established in 2016. This places the Fund in a position to derive benefits from and add value to fellow corporate governance entities that upholds good governance.

Board Structure

The Portfolio Minister, in line with section eight of PEGA, appointed seven non-executive directors (appointment on board of a non-commercial public enterprise or extra-budgetary fund) to the Board. The term of the current board members commenced on 1 October 2021, for a period of three years

Shitaleni Herman

Chairperson

Jantje Daun

Vice Chairperson

Magnus Nangombe

Director

Namene Shejavali

Director

Damien Mabengano

Director

Elizabeth Kharuchas

Director

Shitaleni Herman

Chairperson

Rosalia Martins-Hausiku

Chief Executive Officer

Appointed:
11 October 2004

Qualifications:

  • Master of Philosophy in Management Coaching - University of Stellenbosch
  • Master’s Degree in Business Leadership (MBL) - University of South Africa Business School
  • Master’s Degree in Culture, Communication & Media Studies - University of Kwa-Zulu Natal
  • Bachelor’s Degree in Media Studies - University of Namibia

Phillip Nghifitikeko

Chief Operations Officer

Appointed:
10 January 2004

Qualifications:

  • Master’s Degree in Law & Business - Bucerius Law School / WHU Otto Beisheim School of Management
  • Post-Graduate Diploma in Project Management - University of Stellenbosch
  • B-Tech Degree in Marketing - University of South Africa
  • National Diploma in Marketing - Polytechnic of Namibia

James Nyandoro

Chief Financial Officer

Appointed:
01 August 2024

Qualifications:

  •  Master’s Degree in Business Administration (MBA) - University of Stellenbosch
  • Post Graduate Diploma in Applied Accountancy and Finance - University of Zimbabwe
  • Bachelor of Accountancy – University of Zimbabwe

Joelynn Kurz

Chief Legal Service

Appointed:
01 May 2006

Qualifications:

  • BA Degree & LLB Degree - University of Stellenbosch

Julius Haikali

Chief Human Capital and Strategy

Appointed:
02 January 2014

Qualifications:

  •  Master’s Degree in Public Administration - University of Namibia
  •  Executive Development Programme - University of Witwatersrand
  •  Bachelor of Technology Degree in Public Management - University of South Africa
  •  Diploma in Public Management - Polytechnic of Namibia

John Haufiku

Chief Corporate Affairs

 

Appointed:
03-June 2024

Qualifications:

  • Master’s Degree in Communications & International Public Relations – National University of Science and Technology Moscow
  • Bachelor Honours in Public Relations and Industrial Psychology - University of Namibia
  • Diploma in Information Studies - University of Namibia

Magnus Nangombe

Director

Appointed:
01 October 2021

Qualifications:

National Diploma in Company Direction (Board Level) - Graduate Institute of Management and Technology - South Africa
Diploma in Corporate Governance for Senior Managers - Business Zone - South Africa
Diploma in Business Marketing - University of South Africa
Diploma in Strategic Public Relations Management - University of South Africa

Namene Shejavali

Director

Appointed:
01 October 2021

Qualifications:

Admitted Legal Practitioner - Namibia
Admitted Attorney - South Africa
Master of Laws - University of Witwatersrand
Bachelor of Laws - University of Witwatersrand

Elizabeth Kharuchas

Director

Appointed:
01 October 2021

Qualifications:

Master of Business Administration (MBA) - Maastricht School of Management
Bachelor in Public Administration Hons - University of Stellenbosch
Master’s in Public Health - University of South Africa
Post Graduate Diploma in Nursing Science - University of Namibia

Damien Mabengano

Director

Appointed:
01 October 2021

Qualifications:

Master of Public Administration - University of Namibia
Bachelor of Technology in Public Management - Polytechnic of Namibia
National Diploma in Public Management - Polytechnic of Namibia

Dr Shitaleni Herman

Chairperson

Appointed:
01 October 2021

Qualifications:

FCNP, College of Medicine of South Africa (CMSA) / Stellenbosch (US), SA
Doctorate in Medicine (MD) Instituto Superior de Ciencias Medicas, Camaguey – Cuba

Dr Shitaleni Herman

Chairperson

Appointed:
01 October 2021

Qualifications:

FCNP, College of Medicine of South Africa (CMSA) / Stellenbosch (US), SA
Doctorate in Medicine (MD) Instituto Superior de Ciencias Medicas, Camaguey – Cuba

Jantje G Daun

Vice Chairperson

Appointed:
01 October 2021

Qualifications:

Chartered Accountant - South Africa
Post Graduate - B Compt (Hons) - University of South Africa
Bachelor of Commerce (B/Com) - University of Cape Town