The audit committee’s mandate is to ensure effective internal controls and risk management as well as promote the integrity of financial reporting in the Fund.
![Nillian Mulemi](https://www.gipf.com.na/wp-content/uploads/2022/03/Nillian_Mulemi_GIPF.jpg)
Chief Executive Officer: Petroleum Training and Education Fund (PETROFUND)
Position on the Board: Trustee
Qualifications: MSc. Finance; B.Acc; B.Juris; Nat.Dip Cost Accounting
Appointed: May 2018 by the Government of the Republic of Namibia
![Faniel Kisting](https://www.gipf.com.na/wp-content/uploads/2022/03/Faniel_Kisting_GIPF-1.jpg)
Consultant
Position on the Board: Trustee
Qualifications: MBA; CA (Nam) (SA); RAA (Nam); B.Com; B.Compt.
Appointed: October 2017 by the Government of the Republic of Namibia
![Penda Ithindi](https://www.gipf.com.na/wp-content/uploads/2022/03/Penda_Iithindi_GIPF.jpg)
Deputy Executive Director, Ministry of Agriculture, Water and Land Reform
Position on the Board: Board Chairperson (01 January 2024 –to-date)
Qualifications: M.Sc. Financial Economics; B.A Mathematics, Economics
Appointed: September 2020 by the Government of the Republic of Namibia
![Mihe Gaomab II](https://www.gipf.com.na/wp-content/uploads/2022/03/Mihe_Gaomab_II_GIPF.jpg)
Chief Executive Officer: Namibia Industrial Development Agency (NIDA)
Position on the Board: Trustee
Qualifications: MSc (Quantitative Economics); Postgraduate Diploma in Investment and Portfolio Management; Diploma in Project Management; Diploma in Senior Management; B.Com Honors
Appointed: January 2022 by the Government of the Republic of Namibia
![Petrus Nevonga](https://www.gipf.com.na/wp-content/uploads/2022/05/Petrus_Nevonga_GIPF.jpg)
General Secretary: Namibia Public Workers Union (NAPWU)
Position on the Board: Trustee
Qualifications: MBA (Entrepreneurship); Postgraduate Diploma: Business Administration; B-Tech: Business Administration; National Diploma: Human Resources
Appointed: July 2021 by the Namibia Public Workers’ Union (NAPWU)
![Martha Dama](https://www.gipf.com.na/wp-content/uploads/2022/03/Martha_Dama_GIPF.jpg)
Deputy Director: Business Systems – Bank of Namibia
Position on the Board: Trustee
Qualifications: MBA, MSc (Information Technology), Senior and Management Diplomas from the University of Stellenbosch Other roles: Ihthus Fishing Company (Pty) Limited (Chairperson);
Appointed: April 2020 by the GIPF Board of Trustees Management Committee Member – ELCIN Hosianna Synagogue
The Committee’s mandate is to:
- Ensure that a sound system of risk and internal control is maintained to protect and safeguard the Fund’s assets
- Review the activities and effectiveness of the Internal Audit function
- Evaluate the independence, objectivity and effectiveness of the external auditors
- Review any accounting and auditing concern identified by internal and external auditors
- Promote the accuracy, reliability and credibility of financial reporting
- Consider and recommend the audited annual financial statements to the Board of Trustees
- Conduct oversight over the risk management of the Fund
- Provide internal assurance to the annual integrated report of the Fund
- Conduct oversight over Information Technology governance