Namfisa appoints new insurance and medical aid funds general manager

Martin Endjala

The Namibia Financial Institutions Supervisory Authority has announced the appointment of Erich Gariseb, as its new Insurance and Medical Aid Funds General Manager as of 1 May 2023.

This was announced by Namfisa’s Corporate Communications Manager Victoria Muranda on Tuesday. Gariseb holds a Master of Science degree in Financial Management from Heriot-WattUniversity in Scotland and completed the Senior Leadership Program (SLP) with Duke University’s Fuqua Business School in the USA.

He served in various portfolios such as a Health Actuarial & Risk Analyst in Johannesburg, providing technical support to Health Insurance and Medical Aid funds across southern and eastern Africa.

He then joined the Old Mutual Group where he spent 11 years in various roles including Sales, Strategy Implementation, Actuarial Valuations, Pricing, Product Development, Risk, Capital Management, System and Data Migrations and Post-Acquisition Implementation.

He left the Old Mutual Group after spending three years in Accra, Ghana as the Head of Actuarial for the Old Mutual Ghana group.

Prior to joining Namfisa, he spent five years at the JSE-listed financial services group Momentum Metropolitan Holdings in South Africa as the Regional Executive Head of Products and Distribution (Rest of Africa).

In this role, he led the product development, sales and bancassurance functions across multiple product lines across 12 African countries.

According to Gariseb, he sees his current role as a calling and Namfisa is the organization where he believes he can best leverage his skills, knowledge, and experience to make a meaningful contribution to the team and society while at the same time learning new skills and developing his career.

Moving away from work, travelling is at the top of his list of hobbies as he enjoys experiencing new places, cultures, people, food and drinks. As a lover of nature, he occasionally does “weekend escapes” into the bush to disconnect and looks forward to some exciting escapes in Namibia and Botswana.

He is also into scuba diving; wine collecting and occasionally plays golf. Besides that, he is quite a homebody and likesspending his free time catching up with friends and family or on the couch with a book or binge-watching a series.

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