The Namibia Investment Promotion and Development Board (NIPDB) has re-hired its former executive responsible for micro, small and medium enterprises Dino Ballotti on a fixed-term contract.
The investment board confirmed Ballotti’s appointment in a statement, after questions sent by The Namibian to the NIPDB went unanswered by the time of print on Tuesday evening.
Ballotti re-joined the NIPDB after ending his employment with First National Bank of Namibia, following his nomination by Swapo as a candidate for the party in the National Assembly election in November.
“In any organisation, the departure of a senior leader creates a leadership vacuum and a delivery challenge that cannot be easily overcome. Finding a successor to fill such a vacuum and perform at the expected level is an activity that requires both time, energy and tact,” the board said in its statement.
The NIPDB said Ballotti’s departure in August to join First National Bank created challenges for the organisation to deliver on some of its key initiatives and objectives.
It added that Ballotti “not only possesses institutional knowledge and memory, but also the requisite background and experience vital to the successful delivery of key initiatives currently being pursued by the NIPDB”.
The board stated: “[Ballotti’s] temporary engagement was thus deemed essential for the continued advancement of the organisation’s strategic objectives.”
- Read more in The Namibian on Wednesday.
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