Martin Endjala
Namibia Financial Institution Supervisory Authority (NAMFISA) has announced that it has been honoured with the prestigious Diamond Arrow Award by PMR. Africa where it is recognised as the top performer in two significant categories.
The company was awarded the best annual report in the country for demonstrating exceptional managerial and corporate governance qualities in Namibia.
The recognition is said to highlight the Authority’s commitment to transparency, ethical business practices, stakeholder engagement and operational excellence.
NAMFISA’s Chief Executive Officer Kenneth Matomola, expressed gratitude to dedicated staff and key stakeholders for their invaluable contributions to NAMFISA.
He emphasised the importance of diligence, integrity, and ethical conduct in fulfilling NAMFISA’s regulatory and supervisory mandate.
Matomola stated that being a regulator requires the company to prioritise its mandate with diligence and integrity.
“It is expected of the Board and all staff to act responsibly, ethically, and morally and abide by the laws of the country.
Ethics is enshrined in our policies, which set out the principles and guidance on ethical behaviour in NAMFISA,” said Matomola.
Furthermore, the Diamond Arrow Award, Matomola said, is a testament to NAMFISA’s unwavering dedication to upholding the highest standards of corporate governance and its significant contribution to the economic growth and development of Namibia.
Adding that NAMFISA’s operations are deeply rooted in principles of integrity, accountability, and transparency, reflecting its commitment to fostering a robust financial ecosystem in Namibia.
The PMR. Africa Award, now in its 35th year, celebrates and recognises excellence in both the public and private sectors.
Based on an annual survey and public perceptions, the awards measure companies, institutions, government entities, and individuals on their contributions to economic growth and development, management expertise, corporate governance implementation, innovation, and brand awareness.
The Authority has reaffirmed its commitment to fostering a regulatory environment that promotes financial stability, integrity, and sustainable growth in Namibia.
