Ebson Uanguta Appointed Governor of Bank of Namibia

Date: 19 December 2025 Attention: News Editor Ref: 9/6/2

BANK OF NAMIBIA WELCOMES THE APPOINTMENT OF MR. EBSON UANGUTA AS GOVERNOR

1. The Bank of Namibia welcomes the appointment of the 7th Governor of the Bank of
   Namibia, Mr. Ebson Uanguta, appointed by H.E. President Netumbo Nandi-Ndaitwah in terms of Article 32(4)(b)(bb) of the Namibian Constitution, read together with Section 19 of the Bank of Namibia Act, 2020, for a period of five (5) years, with effect from 1 January 2026.

2. Mr Uanguta has nearly thirty years of experience in economic policy development,
   macroeconomic research, and leadership roles in central banking. He began his career as a researcher at the now-defunct Namibia Economic Policy Research Unit, a leading think tank that provided economic analysis and policy guidance to support development goals during the post-independence period.

3. His career at the Bank of Namibia started thereafter and has included key positions
   such as Economist, Senior Economist, Director of Research, and Deputy Governor, providing him with deep expertise in both the technical and strategic aspects of central banking. He has authored and co-authored published articles in peer-reviewed journals, both regionally and internationally, covering topics related to central banking and the macroeconomy. He previously served as an Advisor at the International Monetary Fund in Washington, D.C., representing African nations within the global monetary institution.

4. Earlier, he was also seconded to establish Namibia's revenue collection agency and
   recently served as Acting Managing Director of NAMCOR, providing leadership to key institutions. He currently serves as a member of the economic recovery task force established by the President.

Public

1. Mr Uanguta holds a Master's Degree in Economics from Addis Ababa University
   (Ethiopia) and a BA Honours in Economics from the University of Namibia. He has completed several advanced executive leadership programmes at Harvard Business School and the Harvard Kennedy School of Government. He is widely respected for his analytical depth, policy discipline, and integrity.

2. His appointment comes at a critical moment as the Bank advances major reforms,
   including payments modernisation, financial market deepening, reserve diversification, and the rollout of strategic initiatives under the 2025-2027 Strategic Plan. The Bank assures the public, the financial sector, and international partners of its continued commitment to maintaining price stability, enhancing financial system resilience, and promoting inclusive economic growth under his stewardship.

3. The Board, Management, and staff of the Bank of Namibia extend their warmest
   congratulations to Mr Uanguta on his appointment and assure him of their full support as he assumes this important national responsibility.

Issued by:

Mr. Kazembire Zemburuka Director: Strategic Communications and International Relations, Bank of Namibia Tel: (061) 283 5114, Fax: (061) 283 5546 or email: info@bon.com.na

Public