APPOINTMENT OF MR. ALEX CLIVE GAWANAB AS CHIEF EXECUTIVE OFFICER.

The Temporary Board of the National Fishing Corporation of Namibia (FISHCOR) is pleased to announce the appointment of Mr. Alex Clive Gawanab as the Chief Executive Officer of the Company. The appointment is effective from the 10th of January 2022, and is set for a five-year term.

Mr. Alex Clive Gawanab holds a Master of Business Management and Administration (MBA) degree from the University of Stellenbosch as well as a Bachelor of Engineering (honours) in Chemical Engineering from the University of Cape Town. In addition, Mr. Gawanab has completed an Executive Development Programme (EDP) from the University of Stellenbosch and a Strategy and Business Acumen programme from the Gordon Institute of Business Science (GIBS) at the University of Pretoria. He is also a holder of an advanced certificate in Integrated Water Resources Management from Lund University, Malmo, Sweden

His broad set of academic qualifications, complemented by the extensive corporate and leadership experience which he has gathered over 26 years in the mining, and water utility sectors, starting with Namdeb, Namwater, Debmarine Namibia, NamGem and Swakop Uranium (Husab) Mine, where he managed the metallurgical operations, diamond cutting and polishing, water extraction & supply and business improvement functions, amongst other portfolios, places him in a very strong stead to steer the Fishcor ship over the coming years.

Previous to this appointment, Mr. Gawanab was the Senior Project Manager for Business Transformation at Dundee Precious Metals Tsumeb since 2019, where he oversaw transformational and business improvement projects.

Mr. Gawanab is widely experienced and regarded in the mining sector as a transformational business leader. He has been serving as Director on the boards of Debmarine Namibia and Namdeb Holdings since 2015, with a recent reappointment on the Namdeb Holdings and Namdeb (Pty) Ltd boards, respectively. He is currently the chairperson of the Board Audit Committee for the Namdeb Holdings Company. The above experience will be invaluable in leading Fishcor forward.

On his part, Mr. Gawanab stated: “I feel delighted and at the same time challenged to have been accorded this opportunity to serve the company and the fishing industry in this role. It is common knowledge that significant damage was done to the reputation of the company and the industry in general, therefore we are called upon to prudently intervene and reverse the adverse effects thereof.

I will apply myself diligently to ensure we deliver on the mandate set before us. I am under no illusion that the task will be no walk in park, but with a dedicated team, focus on the task at hand and applying strict governance principles and financial discipline, we can restore Fishcor to where it belongs, “To be the leader in Catching, Processing and Marketing of the Namibian fish products in the local and international markets”.

The Board and staff look forward to welcoming Mr. Gawanab to the team and wish him well in delivering on the mandate and steer the company to greater heights.