Mally is a ‘what-you-see-is-what-you-get’ kind of guy, born and bred in the Zambezi Region. Born some 36 years ago, I moved to Windhoek about 21 years ago (1997) in search of better life and opportunities. I grew-up in a christian home, a condition that become instrumental in shaping my adult fundamental characters. I am a 4th child amongst 8 siblings.
2. Give us a brief background journey of your education background.
I started my schooling at a village called Sesheke,in the Kongola constituence,some 110 killometer west of Katima Mulilo, the capital city of Zambezi. I attended the Sesheke Combined school from grade 1 till grade 10 (1995) and relocated to Katima Mulilo to attend the Caprivi Senior Secondary School (CSS), where I completed my matric in 1997. In 1998, I enrolled for a four-year degree course in Economics at the University of Namibia, which I completed in 2002. I returned to further my studies in the same line of study and registered for a Master’s degree in Economics in 2005, which I completed in 2006, thereupon graduated in 2007. From 2002, when I become officially employed by the Government, I attended numerous short-courses as part of my capacity building program at the Ministry of Mines and Energy. Key amongst them were several courses in Feasibility studies in mining and energy projects in South Africa. Another notable course was a diploma in Gemology (specializing in diamond valuation and appraisal) in Germany. I also attended various post-graduate courses in line with my capacity building program as an economist at the Bank of Namibia. Notable amongst them were courses in Macroeconomic and monetary policy issues and challenges, which were offered by the World Bank and IMF in various countries including Tunisia and Mauritius.
3. Briefly take us through your professional career.
I started my career in 2002 at the Ministry of Mines and Energy as Mineral Economist and my key responsibilities were collecting and disseminating production and export statistics on minerals to various stakeholders. I was chiefly involved with administering the regular surveys to various mining houses in the country, in addition to regular inspection sessions that were conducted to determine issues such as compliances and adherence to codes and directives. I took part in the reviewing process of the Mining and Prospecting Act during my employment.
In 2007, I joined the Bank of Namibia’s research department as an Economist and worked in various divisions of the department for almost eight years. During that time my main tasks included administering the money and banking survey, a tool used to collect monetary and financial statistics from all commercial banks and other deposit-taking corporations in Namibia.
At the Policy Research and Analysis division, I was responsible for, amongst other things, providing administrative and secretarial functions to the Monetary Policy Committee (MPC) and conducting focused research projects.
I joined Namibia Financial Institutions Supervisory Authority (NAMFISA) in 2014 to hold a management position (Policy Advisory) for nearly a year in the Research Policy and Statistics (RPS) department. I have authored several articles in various Medias on various critical economic policy issues in Namibia over the past years.
In 2015, I joined Standard Bank as the manager for Research and was responsible for conducting economic and market research relevant to the Namibian economic and business environment, with particular emphasis on the banking sector. His role included developing the research agenda aimed at understanding trends in business activities, which include developments in different economic sectors, capital flows in Namibia and economic development initiatives.
4. Who inspires you in business? And why?
I was inspired by Dr. Martin Mwinga. His ability to run a successful business while at the same time remaining an academic of note is phenomonal. The qualities that he possess made him a household name in the financial and business fraternity. His fearless move to delve into the unchartered waters of assets management is a force to be reckoned with.
5. Which Boards do you serve on?
I am not serving on any board at the moment because firstly, my company is in its formative stage and it requires my undivided attention and secondly, as a businessman selling economic and business insights, I would like to remain as independent as possible for now.
6. What is your view on Corporate Governance in Namibia?
I strongly believe that corporate governance is the lifeblood of the sustainability of any organization, more so, in profit oriented firms. Without it, there would be nothing to help instills those critical policies and rules needed to maintaining the cohesiveness of an organization. Furthermore, corporate governance is meant to hold a company accountable while helping an organization steer clear of financial, legal and ethical pitfalls. For corporate governance to remain a vital part of any organization, it must be owned by everybody, from the cleaner to the CEO, and it must be a way-of-life in and outside of the organization.
7. What is your preferred management style?
Management is a living organism and so it is very dynamic and I prefer to keep it that way. Many companies have lost valuable amount of money or even closed because they stuck to a static management style. I believe that management should change and evolve with a company. When strategy change, management should also change and be aligned. However, one thing should always remain – that is clear reporting lines and accountability throughout the organizational structure.
8. What do you do when you are not working?
I am a club member of Virgin Active and when I am not working on my company, I am working-out the machines in the gym – hahahah! I also do have a special time that I spend with my God in studying and reading the word together with my family.
9. What are you reading at the moment?
I am currently reading the book titled: How to Win Friends and Influence People, authored by Dale Carnegie. This book talks about how to make people like you, it talks about ways to win people to your way of thinking and it also talks about ways to change people without arousing resentment. Basically the book is about making any relationship work, whether it’s in business, work, school, church, etc.
10. What is your favorite leadership quote?
“There are no office hours for leaders.” -Cardinal J. Gibbons