CHAMWE KAIRA
The Government Institutions Pension Fund (GIPF) currently has an asset base of N$213.2 billion and delivered 15% net investment return over the past three years as at 31 January 2026.
The fund this week launched its three-year strategic plan (2026-2029), with board chairperson, Penda Ithindi, disclosing that the plan encompasses several strategic pillars that provide focus and direction on the sustainability of the fund, delivering excellent service, good governance and ethical leadership, organisational and employee capacity and socio-economic impact.
Ithindi said the successful implementation of the fund’s strategic priorities will result in ensuring optimal cost management, risk mitigation, improving operational efficiency, strengthening governance systems and enable the GIPF to make impactful investments aligned with environmental, social and governance frameworks, prioritising member well-being and addressing the country’s national development goals.
The GIPF said it was a comprehensive and rigorous process that incorporated extensive external environmental scanning alongside careful consideration of potential risks, the ever-changing geo-political climates and market shifts.
The GIPF strategy was equally informed by stakeholder needs and expectations ensuring that the Fund’s strategic direction is aligned with the reality in local, regional and international circumstances.
The GIPF said the strategic plan is aligned to its mandate and evolving operating environment.
“I am delighted to observe that the GIPF 3-year strategy is aligned to the country’s developmental agendas such as Vision 2030, the National Development Plan (NDP 6) and the United National Sustainable Development Goals (SDGs) to create societal value through stimulating economic activity, reducing poverty, promoting social development, and supporting regional equity” said Prime Minister Elijah Ngurare, in his speech delivered by Special Advisor, Asser Ntinda.
The NDP6 has 47 focus areas, 80 programmes, and 243 sub-programmes. To implement all these projects by 2030, the government needs N$506.7 billion.
He added that GIPF as a responsible institutional investor, must work closely with its asset managers to allocate capital to sustainable development initiatives that generate
measurable social and environmental outcomes as these investments contribute significantly to national development while preserving and growing value for the GIPF’s members.
GIPF chief executive officer and principal officer, Martin Inkumbi added that the strategic plan for 2026–2029 requires the fund to remain adaptable and resilient while maintaining a clear focus on its members.
He added that the strategy reinforces a commitment to responsible governance, prudent investment management, and sustainable growth, while ensuring that the fund remains capable of supporting its members and their beneficiaries for generations to come.
