Gaomab II up for challenging NIDA task

By Confidente Reporter

Recently appointed Namibia Industrial Development Agency (NIDA) Chief Executive Officer (CEO), Heinrich Mihe Gaomab II has said that he is ready to tackle his new role.

Documents seen by Confidente show that a Cabinet directive emphasized that his position is classified under Tier 3 public enterprises guidelines which signals a challenging task.

“Cabinet directed the Ministry of Public Enterprises to ensure that the remuneration benefits of the NIDA CEO are in line with approved guidelines for remuneration of Public Enterprises (Tier 3),” an internal memo penned by Public Enterprises Executive Director, Annascy Mwanyapango to all heads of Directorates reads.

Cabinet endorsed the appointment of Gaomab II for a period of five years earlier this month.

“It is indeed a challenging role but I am up for the challenge and my track record bears testimony to what I have been able to do and can do,” Gaomab II said upon inquiry.

“The task is no doubt challenging but essential for the fourth industrial revolution and Harambee Prosperity Plan on the envisaged hydrogen impact and to get the economy back on track.”

In the past Gaomab II served as the CEO of Namibia Competition Commission as well an Executive Director of the Southern Africa Group II constituency office of the African Development Bank (AfDB). He currently serves as board chairperson for Fishcor and Cran.

During his tenure at AfDB, he attracted AfDB funding of up to N$20 billion to Namibia.

Gaomab II who in his previous roles has provided corporate governance and execution of strategic issues, has an acumen of networking nationally, regionally and even globally.