NIPDB Executive resigns to pursue new interests

By Staff Reporter

Namibia Investment Promotion and Development Board (NIPDB) Executive for Investment, Mr. François van Schalkwyk has resigned to pursue other interests and relocate to the United Kingdom to rejoin his young family.

His resignation will take effect on July 31, 2025.Although his departure marks the end of more than four years of service, Mr. Schalkwyk leaves behind a lasting legacy, as he significantly contributed to the operational growth and strategic positioning of the NIPDB’s Investment department.

During his tenure, he is not only established a highly efficient and client-focused team, but also developed systems and processes that enabled effective investment attraction and promotion.

Ms. Catherine Shipushu, Senior Manager: Marketing, Branding and Communications at the Namibia Investment Promotion and Development Board described him as one of the pioneering members of the NIPDB, He played a central role in the organization’s milestones from hosting the first “Invest in Namibia” event to witnessing the launch of the first investment project facilitated after the board’s formation.

“A patriotic Namibian, François fully immersed himself in this role, and championed Namibia’s potential as a lucrative investment destination with unparalleled energy, passion and dedication. As one of the first employees of the NIPDB, François has been central to all the milestones along the way, from our first Invest in Namibia event, to witnessing the operationalisation of the first investment project in Namibia after the formation of the NIPDB.” Shipushu explained.

 The out-going executive for investment, collaborated with various Ministries, Agencies, and Offices to formulate an investment framework that spurred a noticeable increase in Foreign Direct Investment into Namibia.

For the coming weeks, Mr. Schalkwyk will work hand in hand with his team and the Office of the CEO to ensure a smooth leadership transition.  “The NIPDB is confident that with the strong systems and processes in place, our team has been empowered for such a time as this, and will continue to diligently and passionately serve our investors and other stakeholders, and discharge the NIPDB’s statutory mandate during this transitional period and beyond.”

ENDs…