Nambawan Super chairman Mr Anthony Smaré has stepped down in line with prudential standards that state the Chair of Nambawan Super can only formally hold office for 6 years.
“I think all stakeholders will agree that the period since 2013 has been a transformational period for Nambawan Super, and in terms of how it serves the Fund’s members.
“We are the strongest investment fund in the country. We have grown the Fund’s total assets from K3.7 billion in 2013 to K7.9 billion in 2019, adding more than K4 billion to our members’ accounts, while paying out K2.3 billion in withdrawals to retired members.
“I have confidence that the Board, management and staff will continue our great work of the last 7 years, for the benefit of our members.”
“My fellow Directors and I have elected Reg Monagi to succeed me as Chair while remaining a Director of the Board of Nambawan Super.
Read more in our July edition of Nambawan SuperTok newsletter
