Executive Management

Mr. Uanguta is a distinguished professional, holding a Master of Science in Economics (MSc in Economic Policy Analysis) from the University of Addis Ababa, Ethiopia, and a Bachelor of Economics degree from the University of Namibia.

 

He has also pursued executive education at renowned institutions, including the Harvard Kennedy School of Government, Harvard Business School, and the University of Stellenbosch Business School.

 

Mr. Uanguta’s illustrious career includes notable roles such as Deputy Governor at the Bank of Namibia, Director of Research, and Advisor to the Executive Director at the International Monetary Fund in Washington, D.C. His expertise extends to serving on various national and regional boards, showcasing his dedication to advancing economic and financial matters.

Mtundeni “Iron” Ndafyaalako has over 10 years’ experience in a multi-disciplinary oil & gas industry environment. At NAMCOR, he is the Executive: Upstream Development & Production, providing oversight of NAMCOR’s active participation in the recent oil discoveries to ensure sustainable and ESG-conscious development to production. Mtundeni is also responsible for driving NAMCOR’s strategy on the acquisition of production assets to secure sustainable long-term revenue and is a Director and Chairperson of Sungara Energies, a UK-registered NAMCOR subsidiary.

 

Mtundeni holds a BSc Hons. Degree in Geological Engineering (petroleum exploration and production), an MSc in petroleum geosciences and a certificate in Senior Management Development from the University of Stellenbosch. He is currently finalizing his MBA (Finance) at NBS.

 

Prior to joining NAMCOR, Mtundeni worked as a consulting geologist at Pioneer Oil & Gas, and as petroleum inspector at the Ministry of Mines and Energy. Mtundeni joined NAMCOR as a geoscientist, before taking up the role of New Ventures Manager to oversee NAMCOR’s international upstream business projects.

Victoria serves as the Executive: Upstream Exploration at NAMCOR, her role entails leading the Upstream Exploration team in order to grow NAMCOR’s hydrocarbon exploration portfolio by developing business opportunities in line with the company strategy.

 

She is a Geologist by profession and holds a Master’s degree in Geology from the University of Namibia with research titled Petroleum System Analysis and Seismic Study of the Orange Basin, Offshore Namibia. In addition, she also possesses an MBA degree from Aberdeen University, UK and a Bachelor of Science (Hon) degree in Geology from the University of Port Elizabeth (Nelson Mandela Metropolitan University, South Africa) as well as a Bachelor of Science degree in Geology and Chemistry from the University of Namibia.

 

Victoria is currently serving as a Member of the American Association of Petroleum Geologists (AAPG) Leadership for Africa región. She is also a Trustee on the Petrofund Board of Trustees. She previously served as the Chairperson of the Mining and Quarrying, construction, Electricity, Gas, Water supply, and Sanitation industry skills committee at Namibia Training Authority (NTA) and Vice President on the Geological Council of Namibia (GCN), She possesses a wide range of knowledge, experience and skills in the area of Geosciences, having worked in this field for the past 18 years.

Currently holding the position of Executive Corporate Governance (Legal Advisor & Company Secretary) at the National Petroleum Corporation of Namibia (NAMCOR), Damoline has been an integral part of this esteemed organization since 2013, showcasing over a decade of strategic leadership. Her role involves navigating complex legal landscapes, providing invaluable insights, and shaping the governance framework of NAMCOR.

 

A legal practitioner admitted to the High Court of Namibia in 2005, Damoline boasts an impressive 18 years of post-admission experience in the legal field. Eager to broaden her expertise, she earned a Postgraduate Diploma in Leadership from the University of Stellenbosch Business School, South Africa, in April 2019.

 

In her pursuit of continuous learning and professional growth, Damoline is currently undertaking an Mphil. in Corporate Strategy at the prestigious Gordon Institute of Business Science, University of Pretoria (2021-24). This commitment to advanced education reflects her dedication to staying at the forefront of strategic thought leadership.

 

Recognizing the importance of alternative dispute resolution, Damoline became a Namibian High Court Accredited Mediator in March 2015, further enhancing her skill set. She also completed an Executive Development Programme (EDP) at the University of Stellenbosch, South Africa, in 2013, demonstrating her commitment to holistic professional development.

 

Notably, in 2009, Damoline earned her Master’s degree in Public Administration of Mines and Mineral Resources from MINES ParisTech in France. Her thesis, focused on the rehabilitation of uranium mining sites, showcased her deep understanding and commitment to responsible resource management. Damoline invested six months in advanced French studies at the Centre d’Approches Visantes des Langues et des Medias (Cavilam) in Vichy, France, in 2008-2009.

 

Beyond her professional achievements, Damoline is actively involved in governance and leadership roles. She currently serves on the NAMCOR Pension Fund Board of Trustees as an employer representative, showcasing her dedication to ensuring the financial well-being of employees.

 

Damoline’s extensive board experience includes non-executive roles at the Namibia Statistics Agency (NSA), where she chairs the Strategy and Board Governance Committee. She previously served on the Governing Council of the Namibia Institute of Public Administration and Management (NIPAM) and the Board of Telecom Namibia (Pty) Ltd, where she chaired key committees, leaving an indelible mark on governance, remuneration, and strategy.

 

In essence, Damoline Muruko exemplifies strategic leadership, legal acumen, and a commitment to governance excellence, making her a transformative force in both the legal and corporate spheres.

Asnat Neumbo is an MBA and Bachelor’s in Accounting graduate, with 10 years in Oil and Gas Accounting and 9 years in Petroleum Products Supply and Logistics. Asnat is skilled at financial management and reporting, optimising profitability and ensuring compliance.

 

Her expertise includes streamlining logistics for efficient product receipt, storage and distribution. A visionary with hands-on operational skills, Asnat is committed to excellence, integrity, and driving sustained success. Asnat is a leader who brings a dynamic blend of academic ability and practical experience to fuel organizational growth and operational efficiency.

Mr. Louis Du Toit is NAMCOR’s recent addition to the Executive Management team. He is currently employed as the Chief Financial Officer at Agribank, he will commence his duties as the Executive Finance & Administration for NAMCOR in January 2024

 

Louis has over 31 years of experience in the Audit and Accounting discipline. He is a certified Chartered Accountant in Namibia and South Africa and holds a Chartered Management Accountant Certificate (Aus).

 

He has worked for reputable companies in both Africa and Europe. He is technically strong in areas of accounting, audit, tax, valuations as well as governances and controls. A self-motivated and self reliant individual on delivering on key performance areas. He is specialized in financial services and mining, with broader experience obtained in a variety of industries whilst at PwC.

 

This demonstrated achiever has exceptional knowledge of financial services, corporate operations, business practices, and investments. Skilled at learning new concepts quickly, working well under pressure, change management, and communicating ideas clearly and effectively. Louis has well-rounded experience in management of entire operations at CEO and CFO level. He has extensive computer training, including knowledge of network environments and business software applications.

 

He has served as a Board Member, Director, Chairperson and Trustee for various companies, Investment funds and trusts, including development and infrastructure funds.

Bonifatius serves as the Executive: Information Communication Technology is responsible to manage and direct the development and implementation of multi-disciplinary integrated application systems to meet the present and medium-term information requirements of NAMCOR. Primary responsibility is to oversee the streamlined operation of the ICT department and to ensure it aligns with the business objectives of the organization. Other principal goals are to develop and manage application portfolios for each department and to attain all ICT service level agreements for the user community within the organization.

 

Bonifatius holds a Bachelor of Science Degree in Computer and Statistics from the University of Cape Town in South Africa. He previously served as a board member at NAMDIA as well as at the Namibia Financial Institutions Supervisory Authority (NAMFISA) where his focus was to ensure that financial institutions are regulated in a manner that allows consumers to receive their benefits and allows the entities to remain solvent. Prior to joining NAMCOR, Bonifatius worked for various State-Owned Enterprises including Telecom Namibia, Bank of Namibia, and the City of Windhoek in various ICT disciplines.

 

Bonifatius has 27 years of working experience as an ICT professional mostly in the Telecommunications, Government, and utility sectors. He has an overall broad background in overseeing companies’ ICT infrastructure as well as establishing internal digital systems to advance companies’ goals and profitability. He has an accomplished and talented information technology professional with project management experience and a strong background in business systems. Reasonable oversight and experience in initiating strategic planning, contract negotiations, vendor selection, and management processes.

As an economics graduate and strategy leader at NAMCOR, critical to Shiwana’s role is to work alongside the company’s executive management in leveraging opportunities in the petroleum sector, to fully deliver the company’s upstream and downstream mandate. This is all the while looking out for opportunities in the midstream sector. As trusted advisor to senior leadership at NAMCOR, his current preoccupation is centered on positioning NAMCOR as a national energy company, in response to the global and multi-lateral energy blueprints.

 

Shiwana also served as Interim Managing Director at NAMCOR, between 01 April 2023 and 31 January 2024.

 

He currently serves as a Non-Executive Director on the Namibian Ports Authority (Namport) Board, having previously served on the Telecom Namibia Board, Meat Corporation of Namibia (MeatCo) Board and as a Member of Council on the NUST Council, the University’s Board of Directors. Shiwana also serves as the Board Chairperson of Beki-Kumata Fishing (Pty) Ltd, a Namibian wholly-owned Fishing Company with vested interests in the Namibian fishing industry.

 

He holds a B. Econ (Hon) from the University of Namibia, a Master of Science in HR (Performance Man. & Org Behavior) & Postgraduate Diploma in HR from Heriot-Watt University, a certificate in Knowledge Management from the University of South Africa & a Postgraduate Certificate in HR – Edinburgh Business School and is currently studying towards a MSc in Oil and Gas Strategy with the University of Dundee, Scotland.

 

Shiwana is also a Partner for People & Strategy at Atlantic III Consulting, where he has developed strategy & implemented organisational development solutions for large, small & medium enterprises in the public and private sectors. Through Atlantic III, Shiwana has served as lead consultant working on the institutional audit and organizational redesign at the National Planning Commission of Namibia (NPC), MeatCo 5-Year strategic plan, Namibia Institute of Pathology (NIP) 5-Year strategic plan, consultant on the development of a State Ownership Model for Public Enterprises in Namibia, on behalf the Namibian State, through GIZ, amongst other.

 

Shiwana’s area of specialisation is premised on delivering organisational development & business transformation solutions centred across the people-strategy-systems nexus. He is equally at home in business performance management systems design & implementation.

Nestor is a qualified Civil Engineer by profession with over 20 years of experience in the field of Petrochemical Engineering, Civil Engineering and Construction. His experience includes Development of Petrochemical Infrastructures for NAMCOR, Contract Management, Project Management, and Infrastructure Maintenance.

 

He has done work for various clients including State Departments, Local Authorities and Private Developers. He holds a National Diploma in Civil Engineering from Polytechnic of Namibia, a Bachelors of Technology in Civil Engineering from Tshwane University of Technology (South Africa) , a Master of Industrial Engineering from Namibia University of Science and Technology and Executive Management Program from University of Stellenbosch.

 

As an Executive Engineering & Technical Services at NAMCOR, his key focus area is to support the realization of NAMCOR’s core business by ensuring the availability of appropriate work facilities and related infrastructures. This therefore entails strategic land acquisitions, property and related infrastructure development, upgrading and property maintenance.

 

He started his Career at Windhoek Consulting Engineer as an Engineering Technician. Prior to joining NAMCOR, Mr. Sheefeni worked at the Oshakati Town Council as a Town Engineer, as well as the Luderitz Municipality as a Strategic Executive: Infrastructure and Technical Services.